Spring Valley Acquisition Stock Working Capital
| SVIIR Stock | USD 0.07 0.01 12.38% |
Spring Valley Acquisition fundamentals help investors to digest information that contributes to Spring Valley's financial success or failures. It also enables traders to predict the movement of Spring Stock. The fundamental analysis module provides a way to measure Spring Valley's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Spring Valley stock.
| Last Reported | Projected for Next Year | ||
| Change In Working Capital | 353.5 K | 371.2 K |
Spring |
Spring Valley Acquisition Company Working Capital Analysis
Spring Valley's Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
More About Working Capital | All Equity Analysis
Working Capital | = | Current Assets | - | Current Liabilities |
Spring Working Capital Driver Correlations
Understanding the fundamental principles of building solid financial models for Spring Valley is extremely important. It helps to project a fair market value of Spring Stock properly, considering its historical fundamentals such as Working Capital. Since Spring Valley's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Spring Valley's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Spring Valley's interrelated accounts and indicators.
Click cells to compare fundamentals
Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
| Competition |
Spring Change In Working Capital
Change In Working Capital |
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Based on the company's disclosures, Spring Valley Acquisition has a Working Capital of 0.0. This indicator is about the same for the Independent Power and Renewable Electricity Producers average (which is currently at 0.0) sector and about the same as Utilities (which currently averages 0.0) industry. This indicator is about the same for all United States stocks average (which is currently at 0.0).
Spring Working Capital Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Spring Valley's direct or indirect competition against its Working Capital to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Spring Valley could also be used in its relative valuation, which is a method of valuing Spring Valley by comparing valuation metrics of similar companies.Spring Valley is currently under evaluation in working capital category among its peers.
Spring Fundamentals
| Return On Asset | -0.0028 | ||||
| Number Of Shares Shorted | 2.61 K | ||||
| EBITDA | 10.97 M | ||||
| Net Income | 10.97 M | ||||
| Total Debt | 8.22 M | ||||
| Book Value Per Share | (0.23) X | ||||
| Cash Flow From Operations | (491.06 K) | ||||
| Beta | -0.013 | ||||
| Total Asset | 250.58 M | ||||
| Retained Earnings | (6.9 M) | ||||
| Net Asset | 250.58 M |
About Spring Valley Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Spring Valley Acquisition's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Spring Valley using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Spring Valley Acquisition based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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.Moving together with Spring Stock
| 0.71 | VVPR | VivoPower International Tech Boost | PairCorr |
Moving against Spring Stock
| 0.7 | UZE | United States Cellular | PairCorr |
| 0.58 | NI | NiSource | PairCorr |
| 0.54 | AY | Atlantica Sustainable | PairCorr |
| 0.54 | CDZIP | Cadiz Depositary Shares | PairCorr |
| 0.53 | D | Dominion Energy | PairCorr |
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.Additional 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.