SKGR Other Cashflows From Financing Activities vs Free Cash Flow Analysis

SKGR Stock  USD 11.62  0.01  0.09%   
SK Growth financial indicator trend analysis is much more than just breaking down SK Growth Opportunities prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SK Growth Opportunities is a good investment. Please check the relationship between SK Growth Other Cashflows From Financing Activities and its Free Cash Flow accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SK Growth Opportunities. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

Other Cashflows From Financing Activities vs Free Cash Flow

Other Cashflows From Financing Activities vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SK Growth Opportunities Other Cashflows From Financing Activities account and Free Cash Flow. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between SK Growth's Other Cashflows From Financing Activities and Free Cash Flow is -0.56. Overlapping area represents the amount of variation of Other Cashflows From Financing Activities that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of SK Growth Opportunities, assuming nothing else is changed. The correlation between historical values of SK Growth's Other Cashflows From Financing Activities and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Cashflows From Financing Activities of SK Growth Opportunities are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Other Cashflows From Financing Activities i.e., SK Growth's Other Cashflows From Financing Activities and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.56
Relationship DirectionNegative 
Relationship StrengthVery Weak

Other Cashflows From Financing Activities

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.
Most indicators from SK Growth's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SK Growth Opportunities 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 World Market Map to better understand how to build diversified portfolios, which includes a position in SK Growth Opportunities. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
As of 12/29/2024, Selling General Administrative is likely to drop to about 1.2 M. Issuance Of Capital Stock is expected to grow at the current pace this year

SK Growth fundamental ratios Correlations

0.650.911.0-0.96-0.911.01.00.910.73-0.940.93-0.51.01.0-0.871.00.51-0.5-0.520.52-0.51-0.520.510.51
0.650.860.63-0.84-0.910.650.650.910.88-0.870.84-0.940.640.65-0.940.650.94-0.94-0.990.98-0.96-0.980.940.94
0.910.860.9-0.98-0.990.910.910.980.76-0.981.0-0.670.90.91-0.980.910.68-0.67-0.790.76-0.8-0.80.680.68
1.00.630.9-0.95-0.91.01.00.90.72-0.930.92-0.491.01.0-0.861.00.49-0.49-0.50.5-0.48-0.490.490.49
-0.96-0.84-0.98-0.950.99-0.96-0.96-0.99-0.821.0-0.990.69-0.95-0.960.97-0.96-0.690.690.74-0.730.730.74-0.69-0.69
-0.91-0.91-0.99-0.90.99-0.91-0.91-1.0-0.861.0-0.990.77-0.9-0.911.0-0.91-0.780.770.83-0.820.820.83-0.78-0.78
1.00.650.911.0-0.96-0.911.00.910.73-0.940.93-0.51.01.0-0.871.00.51-0.5-0.520.53-0.51-0.520.510.51
1.00.650.911.0-0.96-0.911.00.910.73-0.940.93-0.51.01.0-0.871.00.51-0.5-0.520.53-0.51-0.520.510.51
0.910.910.980.9-0.99-1.00.910.910.88-1.00.98-0.790.90.91-1.00.910.8-0.79-0.830.83-0.81-0.830.80.8
0.730.880.760.72-0.82-0.860.730.730.88-0.850.76-0.930.730.73-0.870.730.93-0.93-0.810.86-0.72-0.760.930.93
-0.94-0.87-0.98-0.931.01.0-0.94-0.94-1.0-0.85-0.990.74-0.93-0.940.99-0.94-0.740.740.78-0.780.770.78-0.74-0.74
0.930.841.00.92-0.99-0.990.930.930.980.76-0.99-0.660.930.93-0.970.930.66-0.66-0.760.74-0.77-0.770.660.66
-0.5-0.94-0.67-0.490.690.77-0.5-0.5-0.79-0.930.74-0.66-0.49-0.50.81-0.5-1.01.00.93-0.970.860.9-1.0-1.0
1.00.640.91.0-0.95-0.91.01.00.90.73-0.930.93-0.491.0-0.861.00.5-0.49-0.510.51-0.49-0.50.50.5
1.00.650.911.0-0.96-0.911.01.00.910.73-0.940.93-0.51.0-0.871.00.51-0.5-0.520.53-0.51-0.520.510.51
-0.87-0.94-0.98-0.860.971.0-0.87-0.87-1.0-0.870.99-0.970.81-0.86-0.87-0.87-0.820.810.87-0.870.860.87-0.82-0.82
1.00.650.911.0-0.96-0.911.01.00.910.73-0.940.93-0.51.01.0-0.870.51-0.5-0.520.53-0.51-0.520.510.51
0.510.940.680.49-0.69-0.780.510.510.80.93-0.740.66-1.00.50.51-0.820.51-1.0-0.940.97-0.87-0.91.01.0
-0.5-0.94-0.67-0.490.690.77-0.5-0.5-0.79-0.930.74-0.661.0-0.49-0.50.81-0.5-1.00.93-0.970.860.9-1.0-1.0
-0.52-0.99-0.79-0.50.740.83-0.52-0.52-0.83-0.810.78-0.760.93-0.51-0.520.87-0.52-0.940.93-0.990.991.0-0.94-0.94
0.520.980.760.5-0.73-0.820.530.530.830.86-0.780.74-0.970.510.53-0.870.530.97-0.97-0.99-0.96-0.980.970.97
-0.51-0.96-0.8-0.480.730.82-0.51-0.51-0.81-0.720.77-0.770.86-0.49-0.510.86-0.51-0.870.860.99-0.961.0-0.87-0.87
-0.52-0.98-0.8-0.490.740.83-0.52-0.52-0.83-0.760.78-0.770.9-0.5-0.520.87-0.52-0.90.91.0-0.981.0-0.9-0.9
0.510.940.680.49-0.69-0.780.510.510.80.93-0.740.66-1.00.50.51-0.820.511.0-1.0-0.940.97-0.87-0.91.0
0.510.940.680.49-0.69-0.780.510.510.80.93-0.740.66-1.00.50.51-0.820.511.0-1.0-0.940.97-0.87-0.91.0
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SK Growth Account Relationship Matchups

Pair Trading with SK Growth

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 SK Growth 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 SK Growth will appreciate offsetting losses from the drop in the long position's value.

Moving together with SKGR Stock

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Moving against SKGR Stock

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The ability to find closely correlated positions to SK Growth could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SK Growth 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 SK Growth - 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 SK Growth Opportunities to buy it.
The correlation of SK Growth 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 SK Growth moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SK Growth Opportunities 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 SK Growth 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 SKGR Stock Analysis

When running SK Growth's price analysis, check to measure SK Growth'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 SK Growth is operating at the current time. Most of SK Growth's value examination focuses on studying past and present price action to predict the probability of SK Growth's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SK Growth's price. Additionally, you may evaluate how the addition of SK Growth to your portfolios can decrease your overall portfolio volatility.