Metal Historical Financial Ratios
| MSSAR Stock | USD 0.05 0.00 0.000002% |
Metal Sky is lately reporting on over 52 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Days Sales Outstanding of 0.0 will help investors to properly organize and evaluate Metal Sky Star financial condition quickly.
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About Metal Financial Ratios Analysis
Metal Sky StarFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Metal Sky investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Metal financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Metal Sky history.
Metal Sky Financial Ratios Chart
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Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.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.Inventory Turnover
A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.Return On Tangible Assets
A profitability metric that measures a company's ability to generate earnings from its tangible assets.Most ratios from Metal Sky's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios 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 fundamentals ratios, 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 Tangible Book Value Per Share is relatively stable compared to the past year. As of 01/23/2025, Shareholders Equity Per Share is likely to grow to 12.19, while Operating Cash Flow Per Share is likely to drop (0.07).
Metal Sky fundamentals 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.