Nano Common Stock vs Short Term Debt Analysis

NANO Stock   0.74  0.01  1.37%   
Nano One financial indicator trend analysis is infinitely more than just investigating Nano One Materials recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nano One Materials is a good investment. Please check the relationship between Nano One Common Stock and its Short Term Debt accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nano One Materials. 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.

Common Stock vs Short Term Debt

Common Stock vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nano One Materials Common Stock account and Short Term Debt. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Nano One's Common Stock and Short Term Debt is 0.84. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Nano One Materials, assuming nothing else is changed. The correlation between historical values of Nano One's Common Stock and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Nano One Materials are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Common Stock i.e., Nano One's Common Stock and Short Term Debt go up and down completely randomly.

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

Common Stock

Short Term Debt

Most indicators from Nano One's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nano One Materials 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nano One Materials. 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 4th of May 2025, Selling General Administrative is likely to grow to about 26 M, while Issuance Of Capital Stock is likely to drop 0.00.
 2022 2023 2024 2025 (projected)
Other Operating Expenses16.7M33.0M38.0M39.9M
Depreciation And Amortization1.1M1.5M1.7M1.8M

Nano One fundamental ratios Correlations

0.710.980.66-0.96-0.620.70.940.670.930.710.77-0.090.740.950.680.660.520.640.770.710.71-0.60.870.720.79
0.710.60.96-0.67-0.940.980.450.960.750.490.82-0.321.00.470.90.80.950.680.940.40.92-0.930.880.80.66
0.980.60.55-0.94-0.50.590.970.560.870.70.69-0.050.640.980.570.580.390.610.660.720.6-0.490.790.650.77
0.660.960.55-0.61-0.950.980.381.00.70.560.74-0.360.940.40.810.90.950.570.930.40.87-0.980.860.740.68
-0.96-0.67-0.94-0.610.65-0.65-0.92-0.62-0.98-0.66-0.790.04-0.71-0.93-0.73-0.59-0.51-0.55-0.8-0.69-0.740.56-0.91-0.74-0.8
-0.62-0.94-0.5-0.950.65-0.95-0.35-0.95-0.76-0.44-0.770.3-0.94-0.37-0.89-0.8-0.96-0.5-0.97-0.32-0.940.94-0.9-0.78-0.67
0.70.980.590.98-0.65-0.950.430.980.730.50.77-0.330.980.450.850.830.950.640.940.380.87-0.970.880.740.69
0.940.450.970.38-0.92-0.350.430.380.840.620.620.050.51.00.480.410.220.530.540.690.49-0.310.70.570.67
0.670.960.561.0-0.62-0.950.980.380.710.560.75-0.360.950.410.810.90.960.580.930.40.87-0.980.870.740.68
0.930.750.870.7-0.98-0.760.730.840.710.640.83-0.090.790.850.820.650.630.540.880.650.83-0.650.960.790.81
0.710.490.70.56-0.66-0.440.50.620.560.640.62-0.280.490.640.370.80.420.410.560.820.54-0.460.620.510.49
0.770.820.690.74-0.79-0.770.770.620.750.830.62-0.330.830.630.780.680.770.820.850.770.89-0.650.840.930.61
-0.09-0.32-0.05-0.360.040.3-0.330.05-0.36-0.09-0.28-0.33-0.30.03-0.22-0.38-0.39-0.32-0.33-0.25-0.260.33-0.19-0.26-0.14
0.741.00.640.94-0.71-0.940.980.50.950.790.490.83-0.30.520.920.780.930.690.950.410.92-0.920.90.810.69
0.950.470.980.4-0.93-0.370.451.00.410.850.640.630.030.520.50.430.240.540.560.710.51-0.330.710.580.68
0.680.90.570.81-0.73-0.890.850.480.810.820.370.78-0.220.920.50.620.850.540.910.310.89-0.770.880.780.69
0.660.80.580.9-0.59-0.80.830.410.90.650.80.68-0.380.780.430.620.80.450.810.580.76-0.850.790.640.63
0.520.950.390.95-0.51-0.960.950.220.960.630.420.77-0.390.930.240.850.80.580.910.320.89-0.930.80.770.57
0.640.680.610.57-0.55-0.50.640.530.580.540.410.82-0.320.690.540.540.450.580.570.660.6-0.50.540.720.46
0.770.940.660.93-0.8-0.970.940.540.930.880.560.85-0.330.950.560.910.810.910.570.480.95-0.90.970.840.75
0.710.40.720.4-0.69-0.320.380.690.40.650.820.77-0.250.410.710.310.580.320.660.480.52-0.280.560.630.46
0.710.920.60.87-0.74-0.940.870.490.870.830.540.89-0.260.920.510.890.760.890.60.950.52-0.810.910.920.6
-0.6-0.93-0.49-0.980.560.94-0.97-0.31-0.98-0.65-0.46-0.650.33-0.92-0.33-0.77-0.85-0.93-0.5-0.9-0.28-0.81-0.83-0.63-0.66
0.870.880.790.86-0.91-0.90.880.70.870.960.620.84-0.190.90.710.880.790.80.540.970.560.91-0.830.810.82
0.720.80.650.74-0.74-0.780.740.570.740.790.510.93-0.260.810.580.780.640.770.720.840.630.92-0.630.810.57
0.790.660.770.68-0.8-0.670.690.670.680.810.490.61-0.140.690.680.690.630.570.460.750.460.6-0.660.820.57
Click cells to compare fundamentals

Nano One Account Relationship Matchups

Nano One fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets31.0M55.4M56.1M53.0M25.7M27.0M
Total Current Liabilities1.4M946.7K2.0M4.1M3.3M3.5M
Total Stockholder Equity28.9M53.8M53.4M47.5M21.4M11.0M
Property Plant And Equipment Net1.5M1.8M13.3M18.4M16.6M17.4M
Net Debt(27.0M)(51.9M)(38.7M)(30.7M)(27.7M)(26.3M)
Retained Earnings(26.6M)(37.8M)(53.6M)(84.7M)(109.9M)(104.4M)
Accounts Payable529.4K784.0K1.9M3.7M2.9M3.0M
Cash27.8M52.7M39.4M32.4M7.2M8.3M
Non Current Assets Total1.8M2.0M13.4M18.7M16.8M17.7M
Cash And Short Term Investments28.8M52.7M39.4M32.4M37.3M39.2M
Net Receivables362.0K411.5K1.5M391.7K450.5K473.0K
Common Stock Shares Outstanding79.1M93.9M98.2M105.1M111.3M116.9M
Liabilities And Stockholders Equity31.0M55.4M56.1M53.0M60.9M64.0M
Other Stockholder Equity3.2M4.7M9.0M171K153.9K146.2K
Total Liab2.1M1.6M2.6M5.5M4.2M4.5M
Total Current Assets29.2M53.3M42.6M34.3M8.9M8.9M
Non Currrent Assets Other287.9K158.7K115.0K295.4K339.7K356.7K
Other Current Assets42.0K(22.6K)1.4M738.3K849.1K891.5K
Accumulated Other Comprehensive Income4.7M9.0M10.2M7.2M8.2M8.7M
Other Current Liab821.3K19.0K1.9M3.8M4.3M4.6M
Common Stock50.7M82.6M96.7M125.0M143.8M151.0M
Other Assets0.0158.7K375.6K1.01.151.09
Intangible Assets22.7K25.7K31.7K37.9K49.9K52.4K
Current Deferred Revenue821.3K19.0K(1.9M)(3.7M)(3.4M)(3.2M)
Cash And Equivalents315.9K1.7M27.8M52.7M60.6M63.6M
Short Term Debt88.8K143.7K186.8K374.2K430.4K451.9K
Property Plant Equipment727.8K768.0K1.5M1.8M2.1M1.4M
Net Tangible Assets4.1M1.8M28.9M53.7M61.8M64.9M
Non Current Liabilities Total621.2K656.2K587.1K1.3M894.3K585.0K
Net Invested Capital28.9M53.8M53.4M47.5M21.4M29.9M
Net Working Capital27.7M52.4M40.6M30.1M5.5M5.2M
Capital Stock50.7M82.6M96.7M125.0M125.6M81.6M
Short Long Term Debt Total710.1K799.9K773.9K1.7M2.0M2.1M
Capital Lease Obligations710.1K799.9K773.9K1.7M1.3M1.0M
Property Plant And Equipment Gross2.4M3.3M15.6M24.6M22.1M12.7M

Pair Trading with Nano One

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 Nano One 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 Nano One will appreciate offsetting losses from the drop in the long position's value.

Moving against Nano Stock

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The ability to find closely correlated positions to Nano One could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nano One 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 Nano One - 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 Nano One Materials to buy it.
The correlation of Nano One 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 Nano One moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nano One Materials 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 Nano One 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in Nano Stock

Balance Sheet is a snapshot of the financial position of Nano One Materials at a specified time, usually calculated after every quarter, six months, or one year. Nano One Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Nano One 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 Nano currently owns. An asset can also be divided into two categories, current and non-current.