180 Net Debt from 2010 to 2024
| TURN Stock | USD 3.44 0.08 2.27% |
Net Debt | First Reported 1994-12-31 | Previous Quarter -246.1 K | Current Value 18 K | Quarterly Volatility 8.4 M |
Check 180 Degree financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among 180 Degree's main balance sheet or income statement drivers, such as Interest Expense of 0.0, Other Operating Expenses of 6.3 M or Total Operating Expenses of 3.9 M, as well as many indicators such as Price To Sales Ratio of 783, Dividend Yield of 0.0354 or PTB Ratio of 1.33. 180 financial statements analysis is a perfect complement when working with 180 Degree Valuation or Volatility modules.
180 | Net Debt |
Latest 180 Degree's Net Debt Growth Pattern
Below is the plot of the Net Debt of 180 Degree Capital over the last few years. It is the total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. 180 Degree's Net Debt historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in 180 Degree's overall financial position and show how it may be relating to other accounts over time.
| Net Debt | 10 Years Trend |
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Net Debt |
| Timeline |
180 Net Debt Regression Statistics
| Arithmetic Mean | (9,184,610) | |
| Coefficient Of Variation | (96.92) | |
| Mean Deviation | 6,553,923 | |
| Median | (8,379,111) | |
| Standard Deviation | 8,901,812 | |
| Sample Variance | 79.2T | |
| Range | 32.1M | |
| R-Value | 0.52 | |
| Mean Square Error | 62.6T | |
| R-Squared | 0.27 | |
| Significance | 0.05 | |
| Slope | 1,027,536 | |
| Total Sum of Squares | 1109.4T |
180 Net Debt History
Other Fundumenentals of 180 Degree Capital
180 Degree Net Debt component correlations
Click cells to compare fundamentals
About 180 Degree Financial Statements
180 Degree investors utilize fundamental indicators, such as Net Debt, to predict how 180 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 | ||
| Net Debt | -246.1 K | -258.4 K | |
| Net Debt To EBITDA | 0.02 | 0.02 |
Pair Trading with 180 Degree
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 180 Degree 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 180 Degree will appreciate offsetting losses from the drop in the long position's value.Moving against 180 Stock
| 0.63 | AB | AllianceBernstein | PairCorr |
| 0.61 | AC | Associated Capital | PairCorr |
| 0.57 | DB | Deutsche Bank AG | PairCorr |
| 0.51 | CG | Carlyle Group | PairCorr |
| 0.51 | LX | Lexinfintech Holdings Trending | PairCorr |
The ability to find closely correlated positions to 180 Degree could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace 180 Degree 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 180 Degree - 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 180 Degree Capital to buy it.
The correlation of 180 Degree 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 180 Degree moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if 180 Degree Capital 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 180 Degree 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 180 Degree Correlation against competitors. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of 180 Degree. If investors know 180 will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about 180 Degree listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.481 | Earnings Share (1.72) | Revenue Per Share 0.013 | Quarterly Revenue Growth 1.509 | Return On Assets (0.04) |
The market value of 180 Degree Capital is measured differently than its book value, which is the value of 180 that is recorded on the company's balance sheet. Investors also form their own opinion of 180 Degree's value that differs from its market value or its book value, called intrinsic value, which is 180 Degree's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because 180 Degree's market value can be influenced by many factors that don't directly affect 180 Degree's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between 180 Degree's value and its price as these two are different measures arrived at by different means. Investors typically determine if 180 Degree is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 180 Degree'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.