EON Net Invested Capital from 2010 to 2024
| EONR Stock | 0.82 0.02 2.50% |
Net Invested Capital | First Reported 2010-12-31 | Previous Quarter 41.2 M | Current Value 26.6 M | Quarterly Volatility 17.8 M |
Check EON Resources financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among EON Resources' main balance sheet or income statement drivers, such as Tax Provision of 0.0, Interest Income of 0.0 or Selling General Administrative of 13.7 M, as well as many indicators such as . EON financial statements analysis is a perfect complement when working with EON Resources Valuation or Volatility modules.
EON | Net Invested Capital |
Latest EON Resources' Net Invested Capital Growth Pattern
Below is the plot of the Net Invested Capital of EON Resources over the last few years. It is the total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents. EON Resources' Net Invested Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in EON Resources' overall financial position and show how it may be relating to other accounts over time.
| Net Invested Capital | 10 Years Trend |
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Net Invested Capital |
| Timeline |
EON Net Invested Capital Regression Statistics
| Arithmetic Mean | 8,227,083 | |
| Geometric Mean | 120,320 | |
| Coefficient Of Variation | 216.49 | |
| Mean Deviation | 13,111,837 | |
| Median | 25,000 | |
| Standard Deviation | 17,810,584 | |
| Sample Variance | 317.2T | |
| Range | 55.2M | |
| R-Value | 0.64 | |
| Mean Square Error | 203.4T | |
| R-Squared | 0.40 | |
| Significance | 0.01 | |
| Slope | 2,533,300 | |
| Total Sum of Squares | 4441T |
EON Net Invested Capital History
About EON Resources Financial Statements
EON Resources shareholders use historical fundamental indicators, such as Net Invested Capital, to determine how well the company is positioned to perform in the future. Although EON Resources investors may analyze each financial statement separately, they are all interrelated. The changes in EON Resources' assets and liabilities, for example, are also reflected in the revenues and expenses on on EON Resources' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Net Invested Capital | 41.2 M | 26.6 M |
Pair Trading with EON Resources
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 EON Resources 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 EON Resources will appreciate offsetting losses from the drop in the long position's value.Moving together with EON Stock
Moving against EON Stock
| 0.48 | EQT | EQT Corporation | PairCorr |
| 0.47 | EXE | Expand Energy Symbol Change | PairCorr |
| 0.46 | CNX | CNX Resources Corp Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.44 | LB | LandBridge Company | PairCorr |
| 0.44 | EPM | Evolution Petroleum | PairCorr |
The ability to find closely correlated positions to EON Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EON Resources 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 EON Resources - 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 EON Resources to buy it.
The correlation of EON Resources 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 EON Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EON Resources 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 EON Resources 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 EON Stock Analysis
When running EON Resources' price analysis, check to measure EON Resources' 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 EON Resources is operating at the current time. Most of EON Resources' value examination focuses on studying past and present price action to predict the probability of EON Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EON Resources' price. Additionally, you may evaluate how the addition of EON Resources to your portfolios can decrease your overall portfolio volatility.