Moving Cash Ratio from 2010 to 2024
| MITQ Stock | USD 0.62 0.03 4.62% |
Cash Ratio | First Reported 2010-12-31 | Previous Quarter 1.09661334 | Current Value 1.15 | Quarterly Volatility 0.41427937 |
Check Moving IMage financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Moving IMage's main balance sheet or income statement drivers, such as Interest Expense of 167.8 M, Net Interest Income of 194.2 K or Interest Income of 194.2 K, as well as many indicators such as Price To Sales Ratio of 0.31, Dividend Yield of 3.0E-4 or PTB Ratio of 1.23. Moving financial statements analysis is a perfect complement when working with Moving IMage Valuation or Volatility modules.
Moving | Cash Ratio |
Latest Moving IMage's Cash Ratio Growth Pattern
Below is the plot of the Cash Ratio of Moving iMage Technologies over the last few years. It is Moving IMage's Cash Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Moving IMage's overall financial position and show how it may be relating to other accounts over time.
| Cash Ratio | 10 Years Trend |
|
Cash Ratio |
| Timeline |
Moving Cash Ratio Regression Statistics
| Arithmetic Mean | 0.36 | |
| Geometric Mean | 0.22 | |
| Coefficient Of Variation | 115.37 | |
| Mean Deviation | 0.32 | |
| Median | 0.12 | |
| Standard Deviation | 0.41 | |
| Sample Variance | 0.17 | |
| Range | 1.0678 | |
| R-Value | 0.78 | |
| Mean Square Error | 0.07 | |
| R-Squared | 0.60 | |
| Significance | 0.0007 | |
| Slope | 0.07 | |
| Total Sum of Squares | 2.40 |
Moving Cash Ratio History
About Moving IMage Financial Statements
Moving IMage shareholders use historical fundamental indicators, such as Cash Ratio, to determine how well the company is positioned to perform in the future. Although Moving IMage investors may analyze each financial statement separately, they are all interrelated. The changes in Moving IMage's assets and liabilities, for example, are also reflected in the revenues and expenses on on Moving IMage'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 | ||
| Cash Ratio | 1.10 | 1.15 |
Pair Trading with Moving IMage
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 Moving IMage 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 Moving IMage will appreciate offsetting losses from the drop in the long position's value.Moving against Moving Stock
| 0.65 | MMM | 3M Company Fiscal Year End 28th of January 2025 | PairCorr |
| 0.56 | VZ | Verizon Communications Aggressive Push | PairCorr |
| 0.55 | KO | Coca Cola Aggressive Push | PairCorr |
| 0.46 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.43 | IBM | International Business Fiscal Year End 22nd of January 2025 | PairCorr |
The ability to find closely correlated positions to Moving IMage could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Moving IMage 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 Moving IMage - 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 Moving iMage Technologies to buy it.
The correlation of Moving IMage 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 Moving IMage moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Moving iMage Technologies 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 Moving IMage 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 Moving Stock Analysis
When running Moving IMage's price analysis, check to measure Moving IMage'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 Moving IMage is operating at the current time. Most of Moving IMage's value examination focuses on studying past and present price action to predict the probability of Moving IMage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Moving IMage's price. Additionally, you may evaluate how the addition of Moving IMage to your portfolios can decrease your overall portfolio volatility.