SVIIR Stock | | | USD 0.07 0.01 12.38% |
Spring Valley Total Assets yearly trend continues to be relatively stable with very little volatility. Total Assets are likely to drop to about 179.9
M.
Check out the analysis of
Spring Valley Correlation against competitors.
Latest Spring Valley's Total Asset Growth Pattern
Below is the plot of the Total Assets of Spring Valley Acquisition over the last few years. Total assets refers to the total amount of Spring Valley assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Spring Valley Acquisition books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. Spring Valley's Total Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Spring Valley's overall financial position and show how it may be relating to other accounts over time.
View | Last Reported 250.58 M | 10 Years Trend | | |
Spring Total Asset Regression Statistics
| Arithmetic Mean | 45,165,156 |
| Geometric Mean | 1,996,396 |
| Coefficient Of Variation | 206.66 |
| Mean Deviation | 71,279,553 |
| Median | 615,435 |
| Standard Deviation | 93,338,444 |
| Sample Variance | 8712.1T |
| Range | 250M |
| R-Value | 0.68 |
| Mean Square Error | 5096.1T |
| R-Squared | 0.46 |
| Significance | 0.01 |
| Slope | 14,106,608 |
| Total Sum of Squares | 121968.9T |
Spring Total Asset History
| 2024 | 179.9 M | |
| 2023 | 250.6 M | |
| 2022 | 239.6 M | |
Other Fundumenentals of Spring Valley Acquisition
Spring Valley Total Asset component correlations
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About Spring Valley Financial Statements
Spring Valley shareholders use historical fundamental indicators, such as Total Asset, to determine how well the company is positioned to perform in the future. Although Spring Valley investors may analyze each financial statement separately, they are all interrelated. The changes in Spring Valley's assets and liabilities, for example, are also reflected in the revenues and expenses on on Spring Valley'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 |
| Total Assets | 250.6 M | 179.9 M |
Pair Trading with Spring Valley
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 Spring Valley 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 Spring Valley will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Spring Valley could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Spring Valley 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 Spring Valley - 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 Spring Valley Acquisition to buy it.
The correlation of Spring Valley 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 Spring Valley moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Spring Valley 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 Spring Valley 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 MatchingAdditional Tools for Spring Stock Analysis
When running Spring Valley's price analysis, check to
measure Spring Valley'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 Spring Valley is operating at the current time. Most of Spring Valley's value examination focuses on studying past and present price action to
predict the probability of Spring Valley's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spring Valley's price. Additionally, you may evaluate how the addition of Spring Valley to your portfolios can decrease your overall portfolio volatility.