VerticalScope Book Value Per Share vs Cash Per Share Analysis
| FORA Stock | 9.14 0.40 4.58% |
VerticalScope Holdings financial indicator trend analysis is much more than just breaking down VerticalScope Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether VerticalScope Holdings is a good investment. Please check the relationship between VerticalScope Holdings Book Value Per Share and its Cash Per Share accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in VerticalScope Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Book Value Per Share vs Cash Per Share
Book Value Per Share vs Cash Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of VerticalScope Holdings Book Value Per Share account and Cash Per Share. At this time, the significance of the direction appears to have strong relationship.
The correlation between VerticalScope Holdings' Book Value Per Share and Cash Per Share is 0.67. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Cash Per Share in the same time period over historical financial statements of VerticalScope Holdings, assuming nothing else is changed. The correlation between historical values of VerticalScope Holdings' Book Value Per Share and Cash Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Book Value Per Share of VerticalScope Holdings are associated (or correlated) with its Cash Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash Per Share has no effect on the direction of Book Value Per Share i.e., VerticalScope Holdings' Book Value Per Share and Cash Per Share go up and down completely randomly.
Correlation Coefficient | 0.67 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.Cash Per Share
Most indicators from VerticalScope Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into VerticalScope Holdings current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in VerticalScope Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. As of the 29th of November 2024, Selling General Administrative is likely to grow to about 47 M, while Tax Provision is likely to drop (3.1 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 20.6M | 38.7M | 21.3M | 21.4M | Interest Income | 44.5K | 2.9M | 6.6K | 6.3K |
VerticalScope Holdings fundamental ratios Correlations
Click cells to compare fundamentals
VerticalScope Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with VerticalScope Holdings
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 VerticalScope Holdings 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 VerticalScope Holdings will appreciate offsetting losses from the drop in the long position's value.Moving against VerticalScope Stock
The ability to find closely correlated positions to VerticalScope Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace VerticalScope Holdings 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 VerticalScope Holdings - 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 VerticalScope Holdings to buy it.
The correlation of VerticalScope Holdings 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 VerticalScope Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if VerticalScope Holdings 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 VerticalScope Holdings 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.Other Information on Investing in VerticalScope Stock
Balance Sheet is a snapshot of the financial position of VerticalScope Holdings at a specified time, usually calculated after every quarter, six months, or one year. VerticalScope Holdings Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of VerticalScope Holdings and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which VerticalScope currently owns. An asset can also be divided into two categories, current and non-current.