Savoy Cash from 2010 to 2026

SNVP Stock  USD 0.0001  0.00  0.00%   
Savoy Energy Cash yearly trend continues to be relatively stable with very little volatility. Cash is likely to drop to 6,969. Cash is the total amount of money in the form of currency that Savoy Energy Corp has in its possession. This includes all bills, coins, and funds in bank accounts. View All Fundamentals
 
Cash  
First Reported
2010-12-31
Previous Quarter
7.3 K
Current Value
K
Quarterly Volatility
1.8 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Savoy Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Savoy Energy's main balance sheet or income statement drivers, such as Interest Expense of 0.0, Selling General Administrative of 741.6 K or Total Revenue of 29.3 K, as well as many indicators such as Price To Sales Ratio of 2.64, Dividend Yield of 0.0 or Days Sales Outstanding of 19.3. Savoy financial statements analysis is a perfect complement when working with Savoy Energy Valuation or Volatility modules.
  
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Check out the analysis of Savoy Energy Correlation against competitors.

Latest Savoy Energy's Cash Growth Pattern

Below is the plot of the Cash of Savoy Energy Corp over the last few years. Cash refers to the most liquid asset of Savoy Energy Corp, which is listed under current asset account on Savoy Energy Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Savoy Energy customers. The amounts must be unrestricted with restricted cash listed in a different Savoy Energy account. It is the total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts. Savoy Energy's Cash historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Savoy Energy's overall financial position and show how it may be relating to other accounts over time.
Cash10 Years Trend
Slightly volatile
   Cash   
       Timeline  

Savoy Cash Regression Statistics

Arithmetic Mean7,586
Geometric Mean6,842
Coefficient Of Variation24.34
Mean Deviation930.88
Median8,151
Standard Deviation1,847
Sample Variance3.4M
Range7.6K
R-Value0.31
Mean Square Error3.3M
R-Squared0.09
Significance0.23
Slope112.08
Total Sum of Squares54.6M

Savoy Cash History

2026 6969.11
2025 7335.9
2011 8151.0
2010 540.0

Other Fundumenentals of Savoy Energy Corp

Savoy Energy Cash component correlations

About Savoy Energy Financial Statements

Savoy Energy shareholders use historical fundamental indicators, such as Cash, to determine how well the company is positioned to perform in the future. Although Savoy Energy investors may analyze each financial statement separately, they are all interrelated. The changes in Savoy Energy's assets and liabilities, for example, are also reflected in the revenues and expenses on on Savoy Energy's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.

Pair Trading with Savoy Energy

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 Savoy Energy 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 Savoy Energy will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Savoy Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Savoy Energy 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 Savoy Energy - 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 Savoy Energy Corp to buy it.
The correlation of Savoy Energy 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 Savoy Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Savoy Energy Corp 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 Savoy Energy 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.
Pair CorrelationCorrelation Matching

Additional Tools for Savoy Stock Analysis

When running Savoy Energy's price analysis, check to measure Savoy Energy'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 Savoy Energy is operating at the current time. Most of Savoy Energy's value examination focuses on studying past and present price action to predict the probability of Savoy Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Savoy Energy's price. Additionally, you may evaluate how the addition of Savoy Energy to your portfolios can decrease your overall portfolio volatility.