Insight Net Debt vs Common Stock Analysis
| INAQ Stock | USD 10.84 0.51 4.94% |
Insight Acquisition financial indicator trend analysis is infinitely more than just investigating Insight Acquisition Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Insight Acquisition Corp is a good investment. Please check the relationship between Insight Acquisition Net Debt and its Common Stock accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Insight Acquisition Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Net Debt vs Common Stock
Net Debt vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Insight Acquisition Corp Net Debt account and Common Stock. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Insight Acquisition's Net Debt and Common Stock is -0.69. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Common Stock in the same time period over historical financial statements of Insight Acquisition Corp, assuming nothing else is changed. The correlation between historical values of Insight Acquisition's Net Debt and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Insight Acquisition Corp are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Net Debt i.e., Insight Acquisition's Net Debt and Common Stock go up and down completely randomly.
Correlation Coefficient | -0.69 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Net Debt
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.Common Stock
Most indicators from Insight Acquisition's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Insight Acquisition Corp 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Insight Acquisition Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. At this time, Insight Acquisition's Enterprise Value Over EBITDA is relatively stable compared to the past year. As of 11/23/2024, Enterprise Value Multiple is likely to grow to 1,772, while Selling General Administrative is likely to drop slightly above 1.5 M.
Insight Acquisition fundamental ratios Correlations
Click cells to compare fundamentals
Insight Acquisition Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Insight Acquisition
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 Insight Acquisition 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 Insight Acquisition will appreciate offsetting losses from the drop in the long position's value.Moving against Insight Stock
| 0.52 | DIST | Distoken Acquisition | PairCorr |
| 0.51 | V | Visa Class A | PairCorr |
| 0.49 | DHIL | Diamond Hill Investment | PairCorr |
| 0.48 | GS | Goldman Sachs Group Fiscal Year End 21st of January 2025 | PairCorr |
| 0.47 | MC | Moelis | PairCorr |
The ability to find closely correlated positions to Insight Acquisition could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Insight Acquisition 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 Insight Acquisition - 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 Insight Acquisition Corp to buy it.
The correlation of Insight Acquisition 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 Insight Acquisition moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Insight Acquisition Corp 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 Insight Acquisition 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 Insight Stock Analysis
When running Insight Acquisition's price analysis, check to measure Insight Acquisition'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 Insight Acquisition is operating at the current time. Most of Insight Acquisition's value examination focuses on studying past and present price action to predict the probability of Insight Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Insight Acquisition's price. Additionally, you may evaluate how the addition of Insight Acquisition to your portfolios can decrease your overall portfolio volatility.