Metal Historical Income Statement
| MSSAR Stock | USD 0.05 0.00 0.000002% |
Historical analysis of Metal Sky income statement accounts such as Total Operating Expenses of 964.2 K can show how well Metal Sky Star performed in making a profits. Evaluating Metal Sky income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Metal Sky's future profits or losses.
Metal Sky Net Income |
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Metal |
About Metal Income Statement Analysis
Metal Sky Star Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Metal Sky shareholders. The income statement also shows Metal investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Metal Sky Income Statement Chart
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Metal Sky Star. It is also known as Metal Sky overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Most accounts from Metal Sky's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Metal Sky Star current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios. 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, Metal Sky's Other Operating Expenses is relatively stable compared to the past year. As of 01/23/2025, Operating Income is likely to grow to about 964.2 K, while EBITDA is likely to drop (659.2 K).
Metal Sky income statement Correlations
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Metal Sky Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Metal Sky
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 Metal Sky 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 Metal Sky will appreciate offsetting losses from the drop in the long position's value.Moving against Metal Stock
| 0.45 | V | Visa Class A Earnings Call This Week | PairCorr |
| 0.45 | LC | LendingClub Corp Earnings Call This Week | PairCorr |
| 0.44 | DIST | Distoken Acquisition | PairCorr |
| 0.44 | GS | Goldman Sachs Group | PairCorr |
| 0.44 | MC | Moelis | PairCorr |
The ability to find closely correlated positions to Metal Sky could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Metal Sky 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 Metal Sky - 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 Metal Sky Star to buy it.
The correlation of Metal Sky 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 Metal Sky moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Metal Sky Star 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 Metal Sky 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 Metal Stock Analysis
When running Metal Sky's price analysis, check to measure Metal Sky'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 Metal Sky is operating at the current time. Most of Metal Sky's value examination focuses on studying past and present price action to predict the probability of Metal Sky's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Metal Sky's price. Additionally, you may evaluate how the addition of Metal Sky to your portfolios can decrease your overall portfolio volatility.