Global Historical Income Statement
| GLACR Stock | USD 0.15 0.0001 0.07% |
Historical analysis of Global Lights income statement accounts such as Total Revenue of 0.0 or Research Development of 0.0 can show how well Global Lights Acquisition performed in making a profits. Evaluating Global Lights income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Global Lights's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Global Lights Acquisition latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Global Lights Acquisition is a good buy for the upcoming year.
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About Global Income Statement Analysis
Global Lights Acquisition Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Global Lights shareholders. The income statement also shows Global investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Global Lights Income Statement Chart
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Global Lights Acquisition. It is also known as Global Lights overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Most accounts from Global Lights' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Global Lights Acquisition current financial condition. On the other hand, looking into the entire matrix of income statement accounts, 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. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. At this time, Global Lights' Income Before Tax is relatively stable compared to the past year. As of 01/23/2025, Total Other Income Expense Net is likely to grow to about 543.3 K, though Operating Income is likely to grow to (316.3 K).
| 2021 | 2022 | 2024 | 2025 (projected) | Total Operating Expenses | 57.9K | 370.0K | 425.5K | 446.7K | Other Operating Expenses | 57.9K | 370.0K | 425.5K | 446.7K |
Global Lights income statement Correlations
| 0.04 | -0.27 | -0.23 | -0.23 | 0.27 | 0.27 | ||
| 0.04 | 0.94 | 0.94 | 0.94 | -0.93 | -0.94 | ||
| -0.27 | 0.94 | 0.99 | 0.99 | -0.98 | -0.99 | ||
| -0.23 | 0.94 | 0.99 | 1.0 | -0.98 | -0.99 | ||
| -0.23 | 0.94 | 0.99 | 1.0 | -0.98 | -0.99 | ||
| 0.27 | -0.93 | -0.98 | -0.98 | -0.98 | 1.0 | ||
| 0.27 | -0.94 | -0.99 | -0.99 | -0.99 | 1.0 |
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Global Lights Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Global Lights
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 Global Lights 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 Global Lights will appreciate offsetting losses from the drop in the long position's value.Moving against Global Stock
| 0.54 | DMYY | dMY Squared Technology | PairCorr |
| 0.49 | DTSQ | DT Cloud Star | PairCorr |
| 0.48 | DSAQ | Direct Selling Acqui | PairCorr |
| 0.46 | DIST | Distoken Acquisition | PairCorr |
| 0.44 | EMCG | Embrace Change Acqui | PairCorr |
The ability to find closely correlated positions to Global Lights could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Global Lights 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 Global Lights - 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 Global Lights Acquisition to buy it.
The correlation of Global Lights 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 Global Lights moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Global Lights Acquisition 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 Global Lights 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 Global Stock Analysis
When running Global Lights' price analysis, check to measure Global Lights' 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 Global Lights is operating at the current time. Most of Global Lights' value examination focuses on studying past and present price action to predict the probability of Global Lights' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Global Lights' price. Additionally, you may evaluate how the addition of Global Lights to your portfolios can decrease your overall portfolio volatility.