NET Capex To Revenue from 2010 to 2024
| NPWR Stock | 12.99 0.54 4.34% |
Capex To Revenue | First Reported 2010-12-31 | Previous Quarter 66.56 | Current Value 69.89 | Quarterly Volatility 22.60740856 |
Check NET Power financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NET Power's main balance sheet or income statement drivers, such as Depreciation And Amortization of 53.4 M, Selling General Administrative of 20.3 M or Selling And Marketing Expenses of 2.8 M, as well as many indicators such as Price To Sales Ratio of 2.5 K, Dividend Yield of 0.0 or PTB Ratio of 0.92. NET financial statements analysis is a perfect complement when working with NET Power Valuation or Volatility modules.
NET | Capex To Revenue |
Latest NET Power's Capex To Revenue Growth Pattern
Below is the plot of the Capex To Revenue of NET Power over the last few years. It is the ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets. NET Power's Capex To Revenue historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in NET Power's overall financial position and show how it may be relating to other accounts over time.
| Capex To Revenue | 10 Years Trend |
|
Capex To Revenue |
| Timeline |
NET Capex To Revenue Regression Statistics
| Arithmetic Mean | 12.71 | |
| Geometric Mean | 4.53 | |
| Coefficient Of Variation | 177.89 | |
| Mean Deviation | 14.80 | |
| Median | 4.89 | |
| Standard Deviation | 22.61 | |
| Sample Variance | 511.09 | |
| Range | 69.6917 | |
| R-Value | 0.55 | |
| Mean Square Error | 382.06 | |
| R-Squared | 0.31 | |
| Significance | 0.03 | |
| Slope | 2.80 | |
| Total Sum of Squares | 7,155 |
NET Capex To Revenue History
About NET Power Financial Statements
NET Power shareholders use historical fundamental indicators, such as Capex To Revenue, to determine how well the company is positioned to perform in the future. Although NET Power investors may analyze each financial statement separately, they are all interrelated. The changes in NET Power's assets and liabilities, for example, are also reflected in the revenues and expenses on on NET Power'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 | ||
| Capex To Revenue | 66.56 | 69.89 |
Pair Trading with NET Power
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 NET Power 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 NET Power will appreciate offsetting losses from the drop in the long position's value.Moving together with NET Stock
Moving against NET Stock
| 0.91 | CYD | China Yuchai Interna | PairCorr |
| 0.78 | AOS | Smith AO | PairCorr |
| 0.46 | CVV | CVD Equipment | PairCorr |
| 0.43 | RR | Richtech Robotics Class | PairCorr |
The ability to find closely correlated positions to NET Power could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NET Power 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 NET Power - 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 NET Power to buy it.
The correlation of NET Power 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 NET Power moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NET Power 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 NET Power 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 NET Stock Analysis
When running NET Power's price analysis, check to measure NET Power'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 NET Power is operating at the current time. Most of NET Power's value examination focuses on studying past and present price action to predict the probability of NET Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NET Power's price. Additionally, you may evaluate how the addition of NET Power to your portfolios can decrease your overall portfolio volatility.