LiveWire Good Will vs Net Debt Analysis
LVWR Stock | USD 5.60 0.21 3.61% |
LiveWire financial indicator trend analysis is infinitely more than just investigating LiveWire Group recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether LiveWire Group is a good investment. Please check the relationship between LiveWire Good Will and its Net Debt accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LiveWire Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
Good Will vs Net Debt
Good Will vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LiveWire Group Good Will account and Net Debt. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between LiveWire's Good Will and Net Debt is 0.55. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Net Debt in the same time period over historical financial statements of LiveWire Group, assuming nothing else is changed. The correlation between historical values of LiveWire's Good Will and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of LiveWire Group are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Good Will i.e., LiveWire's Good Will and Net Debt go up and down completely randomly.
Correlation Coefficient | 0.55 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Most indicators from LiveWire's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into LiveWire Group 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LiveWire Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. As of 12/11/2024, Tax Provision is likely to grow to about (122.5 K). In addition to that, Selling General Administrative is likely to drop to about 83.9 M
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 35.8M | 46.8M | 38.0M | 37.8M | Depreciation And Amortization | 4.7M | 4.4M | 5.0M | 4.4M |
LiveWire fundamental ratios Correlations
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LiveWire Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with LiveWire
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 LiveWire 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 LiveWire will appreciate offsetting losses from the drop in the long position's value.Moving against LiveWire Stock
The ability to find closely correlated positions to LiveWire could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace LiveWire 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 LiveWire - 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 LiveWire Group to buy it.
The correlation of LiveWire 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 LiveWire moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if LiveWire Group 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 LiveWire 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.Additional Tools for LiveWire Stock Analysis
When running LiveWire's price analysis, check to measure LiveWire'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 LiveWire is operating at the current time. Most of LiveWire's value examination focuses on studying past and present price action to predict the probability of LiveWire's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LiveWire's price. Additionally, you may evaluate how the addition of LiveWire to your portfolios can decrease your overall portfolio volatility.