Glimpse Debt Ratio from 2010 to 2024

VRAR Stock  USD 0.68  0.07  11.48%   
Glimpse Debt Ratio yearly trend continues to be relatively stable with very little volatility. Debt Ratio is likely to drop to 0.41. During the period from 2010 to 2024, Glimpse Debt Ratio destribution of quarterly values had range of 0.8348 from its regression line and mean deviation of  0.29. View All Fundamentals
 
Debt Ratio  
First Reported
2010-12-31
Previous Quarter
0.57
Current Value
0.41
Quarterly Volatility
0.31388078
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Glimpse financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Glimpse's main balance sheet or income statement drivers, such as Net Interest Income of 292.7 K, Interest Income of 292.7 K or Depreciation And Amortization of 764.7 K, as well as many indicators such as Price To Sales Ratio of 1.8, Dividend Yield of 0.0 or PTB Ratio of 1.52. Glimpse financial statements analysis is a perfect complement when working with Glimpse Valuation or Volatility modules.
  
Check out the analysis of Glimpse Correlation against competitors.

Latest Glimpse's Debt Ratio Growth Pattern

Below is the plot of the Debt Ratio of Glimpse Group over the last few years. It is Glimpse's Debt Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Glimpse's overall financial position and show how it may be relating to other accounts over time.
Debt Ratio10 Years Trend
Slightly volatile
   Debt Ratio   
       Timeline  

Glimpse Debt Ratio Regression Statistics

Arithmetic Mean0.27
Geometric Mean0.11
Coefficient Of Variation116.16
Mean Deviation0.29
Median0.03
Standard Deviation0.31
Sample Variance0.1
Range0.8348
R-Value0.75
Mean Square Error0.05
R-Squared0.57
Significance0
Slope0.05
Total Sum of Squares1.38

Glimpse Debt Ratio History

2024 0.41
2023 0.57
2020 0.64
2019 0.87

Other Fundumenentals of Glimpse Group

Glimpse Debt Ratio component correlations

0.970.230.64-0.87-0.650.740.930.950.880.980.950.770.690.770.6-0.88-0.880.830.96-0.27
0.970.380.67-0.92-0.550.580.810.910.741.00.950.720.80.720.51-0.84-0.840.770.99-0.28
0.230.380.77-0.670.57-0.18-0.05-0.01-0.090.360.47-0.340.83-0.34-0.60.180.18-0.260.360.55
0.640.670.77-0.880.110.260.450.450.470.660.750.10.810.1-0.16-0.28-0.280.210.620.48
-0.87-0.92-0.67-0.880.2-0.46-0.68-0.72-0.62-0.91-0.95-0.41-0.92-0.41-0.150.580.58-0.5-0.9-0.09
-0.65-0.550.570.110.2-0.71-0.77-0.81-0.74-0.56-0.43-0.930.02-0.93-0.990.90.9-0.91-0.570.76
0.740.58-0.180.26-0.46-0.710.930.720.930.630.670.660.260.660.6-0.66-0.660.710.64-0.21
0.930.81-0.050.45-0.68-0.770.930.910.980.830.830.80.440.80.7-0.86-0.860.860.83-0.28
0.950.91-0.010.45-0.72-0.810.720.910.860.910.820.920.510.920.77-0.96-0.960.960.89-0.45
0.880.74-0.090.47-0.62-0.740.930.980.860.760.780.740.350.740.67-0.81-0.810.810.75-0.19
0.981.00.360.66-0.91-0.560.630.830.910.760.960.720.80.720.51-0.84-0.840.770.99-0.29
0.950.950.470.75-0.95-0.430.670.830.820.780.960.550.850.550.37-0.72-0.720.630.97-0.1
0.770.72-0.340.1-0.41-0.930.660.80.920.740.720.550.211.00.9-0.93-0.930.990.7-0.67
0.690.80.830.81-0.920.020.260.440.510.350.80.850.210.21-0.08-0.36-0.360.270.810.11
0.770.72-0.340.1-0.41-0.930.660.80.920.740.720.551.00.210.9-0.93-0.930.990.7-0.67
0.60.51-0.6-0.16-0.15-0.990.60.70.770.670.510.370.9-0.080.9-0.89-0.890.870.51-0.8
-0.88-0.840.18-0.280.580.9-0.66-0.86-0.96-0.81-0.84-0.72-0.93-0.36-0.93-0.891.0-0.94-0.830.62
-0.88-0.840.18-0.280.580.9-0.66-0.86-0.96-0.81-0.84-0.72-0.93-0.36-0.93-0.891.0-0.94-0.830.62
0.830.77-0.260.21-0.5-0.910.710.860.960.810.770.630.990.270.990.87-0.94-0.940.75-0.58
0.960.990.360.62-0.9-0.570.640.830.890.750.990.970.70.810.70.51-0.83-0.830.75-0.33
-0.27-0.280.550.48-0.090.76-0.21-0.28-0.45-0.19-0.29-0.1-0.670.11-0.67-0.80.620.62-0.58-0.33
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About Glimpse Financial Statements

Glimpse shareholders use historical fundamental indicators, such as Debt Ratio, to determine how well the company is positioned to perform in the future. Although Glimpse investors may analyze each financial statement separately, they are all interrelated. The changes in Glimpse's assets and liabilities, for example, are also reflected in the revenues and expenses on on Glimpse's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Debt Ratio 0.57  0.41 
Cash Flow To Debt Ratio(0.53)(0.56)

Pair Trading with Glimpse

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 Glimpse 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 Glimpse will appreciate offsetting losses from the drop in the long position's value.

Moving against Glimpse Stock

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The ability to find closely correlated positions to Glimpse could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Glimpse 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 Glimpse - 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 Glimpse Group to buy it.
The correlation of Glimpse 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 Glimpse moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Glimpse Group 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 Glimpse 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 Glimpse Stock Analysis

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