FGAA-U Net Invested Capital vs Common Stock Shares Outstanding Analysis
| FGAA-U Stock | 11.78 0.00 0.00% |
FG Acquisition financial indicator trend analysis is much more than just examining FG Acquisition Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether FG Acquisition Corp is a good investment. Please check the relationship between FG Acquisition Net Invested Capital and its Common Stock Shares Outstanding accounts. Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Net Invested Capital vs Common Stock Shares Outstanding
Net Invested Capital vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FG Acquisition Corp Net Invested Capital account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong relationship.
The correlation between FG Acquisition's Net Invested Capital and Common Stock Shares Outstanding is 0.69. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of FG Acquisition Corp, assuming nothing else is changed. The correlation between historical values of FG Acquisition's Net Invested Capital and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of FG Acquisition Corp are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Net Invested Capital i.e., FG Acquisition's Net Invested Capital and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | 0.69 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Most indicators from FG Acquisition's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into FG Acquisition Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. The current year's Selling General Administrative is expected to grow to about 8.6 M, whereas Issuance Of Capital Stock is forecasted to decline to 0.00.
| 2010 | 2023 | 2024 (projected) | Interest Income | 1.7M | 3.6M | 2.9M | Net Interest Income | 1.7M | 3.6M | 2.9M |
FG Acquisition fundamental ratios Correlations
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FG Acquisition Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with FG Acquisition
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if FG Acquisition position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in FG Acquisition will appreciate offsetting losses from the drop in the long position's value.Moving together with FGAA-U Stock
Moving against FGAA-U Stock
The ability to find closely correlated positions to FG Acquisition could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace FG Acquisition when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back FG Acquisition - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling FG Acquisition Corp to buy it.
The correlation of FG Acquisition is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as FG Acquisition moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if FG Acquisition Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for FG Acquisition can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in FGAA-U Stock
Balance Sheet is a snapshot of the financial position of FG Acquisition Corp at a specified time, usually calculated after every quarter, six months, or one year. FG Acquisition Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of FG Acquisition and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which FGAA-U currently owns. An asset can also be divided into two categories, current and non-current.