Imperial Common Stock vs Accounts Payable Analysis

IMPP Stock  USD 2.97  0.02  0.67%   
Imperial Petroleum financial indicator trend analysis is infinitely more than just investigating Imperial Petroleum recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Imperial Petroleum is a good investment. Please check the relationship between Imperial Petroleum Common Stock and its Accounts Payable accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Imperial Petroleum. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
To learn how to invest in Imperial Stock, please use our How to Invest in Imperial Petroleum guide.

Common Stock vs Accounts Payable

Common Stock vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Imperial Petroleum Common Stock account and Accounts Payable. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Imperial Petroleum's Common Stock and Accounts Payable is -0.64. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Imperial Petroleum, assuming nothing else is changed. The correlation between historical values of Imperial Petroleum's Common Stock and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Imperial Petroleum are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Common Stock i.e., Imperial Petroleum's Common Stock and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.64
Relationship DirectionNegative 
Relationship StrengthWeak

Common Stock

Accounts Payable

An accounting item on the balance sheet that represents Imperial Petroleum obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Imperial Petroleum are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Imperial Petroleum's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Imperial Petroleum 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Imperial Petroleum. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
To learn how to invest in Imperial Stock, please use our How to Invest in Imperial Petroleum guide.At this time, Imperial Petroleum's Selling General Administrative is relatively stable compared to the past year. As of 12/04/2024, Issuance Of Capital Stock is likely to grow to about 54.1 M, though Enterprise Value is likely to grow to (46.8 M).
 2021 2022 2023 2024 (projected)
Interest Expense145.0K1.6M1.8M1.1M
Depreciation And Amortization8.7M12.3M15.6M16.4M

Imperial Petroleum fundamental ratios Correlations

0.990.640.440.980.87-0.660.870.910.920.90.310.940.840.370.440.970.480.920.39-0.3-0.220.790.890.830.32
0.990.730.50.970.8-0.70.910.940.950.840.390.960.90.330.430.940.480.960.48-0.39-0.130.850.930.820.32
0.640.730.850.570.28-0.430.680.870.750.330.770.790.790.370.590.480.630.810.79-0.770.260.750.870.740.13
0.440.50.850.30.180.00.310.670.450.210.730.590.460.650.530.270.850.560.89-0.720.420.390.630.720.24
0.980.970.570.30.86-0.760.90.860.920.890.210.90.850.210.350.980.310.90.31-0.21-0.250.810.860.730.32
0.870.80.280.180.86-0.390.560.610.611.0-0.110.660.470.410.420.940.380.610.130.13-0.310.420.540.630.54
-0.66-0.7-0.430.0-0.76-0.39-0.89-0.62-0.83-0.44-0.17-0.67-0.850.410.07-0.650.23-0.75-0.210.180.13-0.9-0.71-0.31-0.07
0.870.910.680.310.90.56-0.890.890.980.620.480.910.980.030.230.790.210.950.34-0.48-0.230.970.930.660.04
0.910.940.870.670.860.61-0.620.890.950.660.650.990.920.430.50.790.620.980.59-0.64-0.080.860.990.910.11
0.920.950.750.450.920.61-0.830.980.950.660.510.960.980.150.30.830.350.990.47-0.51-0.130.960.970.760.11
0.90.840.330.210.891.0-0.440.620.660.66-0.060.70.530.410.430.960.390.660.160.07-0.30.480.60.660.52
0.310.390.770.730.21-0.11-0.170.480.650.51-0.060.570.580.420.330.070.620.580.54-1.00.060.550.640.58-0.31
0.940.960.790.590.90.66-0.670.910.990.960.70.570.930.390.440.840.560.990.52-0.56-0.140.860.980.910.11
0.840.90.790.460.850.47-0.850.980.920.980.530.580.930.060.240.730.290.970.5-0.59-0.070.990.960.690.04
0.370.330.370.650.210.410.410.030.430.150.410.420.390.060.640.280.950.280.3-0.4-0.13-0.070.290.720.11
0.440.430.590.530.350.420.070.230.50.30.430.330.440.240.640.370.660.380.28-0.32-0.20.170.430.590.17
0.970.940.480.270.980.94-0.650.790.790.830.960.070.840.730.280.370.340.820.28-0.06-0.240.680.760.720.43
0.480.480.630.850.310.380.230.210.620.350.390.620.560.290.950.660.340.470.55-0.60.060.170.510.820.13
0.920.960.810.560.90.61-0.750.950.980.990.660.580.990.970.280.380.820.470.53-0.58-0.110.920.990.840.1
0.390.480.790.890.310.13-0.210.340.590.470.160.540.520.50.30.280.280.550.53-0.530.640.470.60.520.44
-0.3-0.39-0.77-0.72-0.210.130.18-0.48-0.64-0.510.07-1.0-0.56-0.59-0.4-0.32-0.06-0.6-0.58-0.53-0.06-0.55-0.64-0.560.32
-0.22-0.130.260.42-0.25-0.310.13-0.23-0.08-0.13-0.30.06-0.14-0.07-0.13-0.2-0.240.06-0.110.64-0.06-0.04-0.03-0.130.28
0.790.850.750.390.810.42-0.90.970.860.960.480.550.860.99-0.070.170.680.170.920.47-0.55-0.040.920.580.05
0.890.930.870.630.860.54-0.710.930.990.970.60.640.980.960.290.430.760.510.990.6-0.64-0.030.920.850.09
0.830.820.740.720.730.63-0.310.660.910.760.660.580.910.690.720.590.720.820.840.52-0.56-0.130.580.850.08
0.320.320.130.240.320.54-0.070.040.110.110.52-0.310.110.040.110.170.430.130.10.440.320.280.050.090.08
Click cells to compare fundamentals

Imperial Petroleum Account Relationship Matchups

Pair Trading with Imperial Petroleum

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 Imperial Petroleum 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 Imperial Petroleum will appreciate offsetting losses from the drop in the long position's value.

Moving together with Imperial Stock

  0.64TK TeekayPairCorr

Moving against Imperial Stock

  0.92DTM DT MidstreamPairCorr
  0.91EE Excelerate EnergyPairCorr
  0.91KMI Kinder Morgan Sell-off TrendPairCorr
  0.88ENLC EnLink Midstream LLCPairCorr
  0.88GLP Global Partners LPPairCorr
The ability to find closely correlated positions to Imperial Petroleum could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Imperial Petroleum 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 Imperial Petroleum - 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 Imperial Petroleum to buy it.
The correlation of Imperial Petroleum 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 Imperial Petroleum moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Imperial Petroleum 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 Imperial Petroleum 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.
Pair CorrelationCorrelation Matching

Additional Tools for Imperial Stock Analysis

When running Imperial Petroleum's price analysis, check to measure Imperial Petroleum's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Imperial Petroleum is operating at the current time. Most of Imperial Petroleum's value examination focuses on studying past and present price action to predict the probability of Imperial Petroleum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Imperial Petroleum's price. Additionally, you may evaluate how the addition of Imperial Petroleum to your portfolios can decrease your overall portfolio volatility.