Turbo Change In Cash from 2010 to 2026
| TRBO Stock | USD 0.0001 0.00 0.00% |
Change In Cash | First Reported 2010-12-31 | Previous Quarter 135.7 | Current Value 128.92 | Quarterly Volatility 504.20191135 |
Check Turbo Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Turbo Global's main balance sheet or income statement drivers, such as Interest Expense of 0.0, Selling General Administrative of 266.1 K or Total Revenue of 162.3 K, as well as many indicators such as Price To Sales Ratio of 3.94, Dividend Yield of 0.0 or PTB Ratio of 0.0456. Turbo financial statements analysis is a perfect complement when working with Turbo Global Valuation or Volatility modules.
Turbo | Change In Cash | Build AI portfolio with Turbo Stock |
Evaluating Turbo Global's Change In Cash across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Turbo Global Partners's fundamental strength.
Latest Turbo Global's Change In Cash Growth Pattern
Below is the plot of the Change In Cash of Turbo Global Partners over the last few years. It is Turbo Global's Change In Cash historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Turbo Global's overall financial position and show how it may be relating to other accounts over time.
| Change In Cash | 10 Years Trend |
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Change In Cash |
| Timeline |
Turbo Change In Cash Regression Statistics
| Arithmetic Mean | 233.33 | |
| Geometric Mean | 94.28 | |
| Coefficient Of Variation | 216.09 | |
| Mean Deviation | 256.63 | |
| Median | 118.00 | |
| Standard Deviation | 504.20 | |
| Sample Variance | 254,220 | |
| Range | 2.1K | |
| R-Value | (0.05) | |
| Mean Square Error | 270,433 | |
| R-Squared | 0 | |
| Significance | 0.84 | |
| Slope | (5.20) | |
| Total Sum of Squares | 4.1M |
Turbo Change In Cash History
About Turbo Global Financial Statements
Turbo Global investors utilize fundamental indicators, such as Change In Cash, to predict how Turbo Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Change In Cash | 135.70 | 128.92 |
Pair Trading with Turbo Global
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 Turbo Global 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 Turbo Global will appreciate offsetting losses from the drop in the long position's value.Moving against Turbo Stock
The ability to find closely correlated positions to Turbo Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Turbo Global 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 Turbo Global - 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 Turbo Global Partners to buy it.
The correlation of Turbo Global 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 Turbo Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Turbo Global Partners 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 Turbo Global 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.Check out the analysis of Turbo Global Correlation against competitors. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Will Advertising sector continue expanding? Could Turbo diversify its offerings? Factors like these will boost the valuation of Turbo Global. If investors know Turbo will grow in the future, the company's valuation will be higher. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Turbo Global data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Turbo Global Partners's market price often diverges from its book value, the accounting figure shown on Turbo's balance sheet. Smart investors calculate Turbo Global's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Since Turbo Global's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Please note, there is a significant difference between Turbo Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Turbo Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Turbo Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.