Flag Net Working Capital from 2010 to 2024
| FSHP Stock | 10.12 0.02 0.20% |
Net Working Capital | First Reported 2010-12-31 | Previous Quarter -313 K | Current Value -297.4 K | Quarterly Volatility 112.8 K |
Check Flag Ship financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Flag Ship's main balance sheet or income statement drivers, such as Tax Provision of 0.0, Net Interest Income of 0.0 or Interest Income of 0.0, as well as many indicators such as . Flag financial statements analysis is a perfect complement when working with Flag Ship Valuation or Volatility modules.
Flag | Net Working Capital |
Latest Flag Ship's Net Working Capital Growth Pattern
Below is the plot of the Net Working Capital of Flag Ship Acquisition over the last few years. It is Flag Ship's Net Working Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Flag Ship's overall financial position and show how it may be relating to other accounts over time.
| Net Working Capital | 10 Years Trend |
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Net Working Capital |
| Timeline |
Flag Net Working Capital Regression Statistics
| Arithmetic Mean | (78,900) | |
| Coefficient Of Variation | (142.94) | |
| Mean Deviation | 91,171 | |
| Median | (16,738) | |
| Standard Deviation | 112,776 | |
| Sample Variance | 12.7B | |
| Range | 296.3K | |
| R-Value | (0.76) | |
| Mean Square Error | 5.7B | |
| R-Squared | 0.58 | |
| Significance | 0.0009 | |
| Slope | (19,279) | |
| Total Sum of Squares | 178.1B |
Flag Net Working Capital History
About Flag Ship Financial Statements
Flag Ship shareholders use historical fundamental indicators, such as Net Working Capital, to determine how well the company is positioned to perform in the future. Although Flag Ship investors may analyze each financial statement separately, they are all interrelated. The changes in Flag Ship's assets and liabilities, for example, are also reflected in the revenues and expenses on on Flag Ship's 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 Working Capital | -313 K | -297.4 K |
Pair Trading with Flag Ship
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 Flag Ship 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 Flag Ship will appreciate offsetting losses from the drop in the long position's value.Moving together with Flag Stock
| 0.89 | V | Visa Class A | PairCorr |
| 0.7 | DHIL | Diamond Hill Investment | PairCorr |
| 0.96 | DIST | Distoken Acquisition | PairCorr |
| 0.73 | AB | AllianceBernstein | PairCorr |
| 0.73 | AC | Associated Capital | PairCorr |
Moving against Flag Stock
| 0.62 | RC | Ready Capital Corp | PairCorr |
| 0.61 | PT | Pintec Technology | PairCorr |
| 0.6 | RM | Regional Management Corp | PairCorr |
The ability to find closely correlated positions to Flag Ship could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Flag Ship 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 Flag Ship - 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 Flag Ship Acquisition to buy it.
The correlation of Flag Ship 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 Flag Ship moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Flag Ship 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 Flag Ship 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 Flag Stock Analysis
When running Flag Ship's price analysis, check to measure Flag Ship'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 Flag Ship is operating at the current time. Most of Flag Ship's value examination focuses on studying past and present price action to predict the probability of Flag Ship's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Flag Ship's price. Additionally, you may evaluate how the addition of Flag Ship to your portfolios can decrease your overall portfolio volatility.