Vapor Change In Working Capital vs Other Non Cash Items Analysis
| VPOR Stock | USD 0.0001 0.00 0.00% |
Vapor financial indicator trend analysis is much more than just breaking down Vapor Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vapor Group is a good investment. Please check the relationship between Vapor Change In Working Capital and its Other Non Cash Items accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vapor 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 persons.
Change In Working Capital vs Other Non Cash Items
Change In Working Capital vs Other Non Cash Items Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vapor Group Change In Working Capital account and Other Non Cash Items. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Vapor's Change In Working Capital and Other Non Cash Items is 0.4. Overlapping area represents the amount of variation of Change In Working Capital that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of Vapor Group, assuming nothing else is changed. The correlation between historical values of Vapor's Change In Working Capital and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Working Capital of Vapor Group are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Change In Working Capital i.e., Vapor's Change In Working Capital and Other Non Cash Items go up and down completely randomly.
Correlation Coefficient | 0.4 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Change In Working Capital
The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.Other Non Cash Items
Most indicators from Vapor's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vapor 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Vapor 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 persons. As of 12/11/2024, Sales General And Administrative To Revenue is likely to grow to 0.82, while Selling General Administrative is likely to drop slightly above 141.1 K.
Vapor fundamental ratios Correlations
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Vapor Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Vapor
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 Vapor 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 Vapor will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Vapor could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vapor 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 Vapor - 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 Vapor Group to buy it.
The correlation of Vapor 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 Vapor moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vapor 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 Vapor 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 Vapor Stock Analysis
When running Vapor's price analysis, check to measure Vapor'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 Vapor is operating at the current time. Most of Vapor's value examination focuses on studying past and present price action to predict the probability of Vapor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vapor's price. Additionally, you may evaluate how the addition of Vapor to your portfolios can decrease your overall portfolio volatility.