NuVista End Period Cash Flow vs Sale Purchase Of Stock Analysis
NVA Stock | CAD 13.45 0.23 1.68% |
NuVista Energy financial indicator trend analysis is infinitely more than just investigating NuVista Energy recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NuVista Energy is a good investment. Please check the relationship between NuVista Energy End Period Cash Flow and its Sale Purchase Of Stock accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NuVista Energy. 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.
End Period Cash Flow vs Sale Purchase Of Stock
End Period Cash Flow vs Sale Purchase Of Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NuVista Energy End Period Cash Flow account and Sale Purchase Of Stock. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between NuVista Energy's End Period Cash Flow and Sale Purchase Of Stock is -0.08. Overlapping area represents the amount of variation of End Period Cash Flow that can explain the historical movement of Sale Purchase Of Stock in the same time period over historical financial statements of NuVista Energy, assuming nothing else is changed. The correlation between historical values of NuVista Energy's End Period Cash Flow and Sale Purchase Of 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 End Period Cash Flow of NuVista Energy are associated (or correlated) with its Sale Purchase Of Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Sale Purchase Of Stock has no effect on the direction of End Period Cash Flow i.e., NuVista Energy's End Period Cash Flow and Sale Purchase Of Stock go up and down completely randomly.
Correlation Coefficient | -0.08 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
End Period Cash Flow
Sale Purchase Of Stock
Most indicators from NuVista Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NuVista Energy 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 NuVista Energy. 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. At this time, NuVista Energy's Selling General Administrative is very stable compared to the past year. As of the 26th of November 2024, Tax Provision is likely to grow to about 114 M, while Issuance Of Capital Stock is likely to drop about 23.9 K.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 48.1M | 39.4M | 39.0M | 41.0M | Depreciation And Amortization | 166.3M | 214.2M | 257.5M | 171.1M |
NuVista Energy fundamental ratios Correlations
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NuVista Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
NuVista Energy fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.3B | 2.2B | 2.4B | 2.8B | 3.1B | 3.2B | |
Short Long Term Debt Total | 642.4M | 706.4M | 541.3M | 332.1M | 305.1M | 305.4M | |
Other Current Liab | 121.7M | 104.7M | 187.4M | 210.5M | 28.1M | 52.3M | |
Total Current Liabilities | 125.1M | 108.7M | 192.7M | 216.4M | 192.3M | 201.9M | |
Total Stockholder Equity | 1.3B | 1.2B | 1.4B | 1.9B | 2.1B | 2.2B | |
Property Plant And Equipment Net | 2.2B | 2.1B | 2.3B | 2.5B | 2.8B | 1.4B | |
Net Debt | 761.7M | 832.3M | 663.3M | 290.2M | 305.1M | 307.5M | |
Retained Earnings | 72.4M | (125.5M) | 139.2M | 685.8M | 952.0M | 999.6M | |
Accounts Payable | 110.1M | 75.1M | 140.0M | 185.1M | 157.7M | 165.6M | |
Non Current Assets Total | 2.2B | 2.1B | 2.3B | 2.5B | 2.9B | 1.4B | |
Net Receivables | 73.1M | 58.6M | 88.5M | 203.7M | 118.7M | 59.6M | |
Common Stock Shares Outstanding | 225.4M | 225.7M | 233.1M | 236.1M | 222.4M | 143.6M | |
Liabilities And Stockholders Equity | 2.3B | 2.2B | 2.4B | 2.8B | 3.1B | 3.2B | |
Non Current Liabilities Total | 857.5M | 892.3M | 763.5M | 669.8M | 750.7M | 466.0M | |
Other Stockholder Equity | 58.1M | 62.3M | 68.3M | 66.0M | 51.3M | 48.7M | |
Total Liab | 982.6M | 1.0B | 956.2M | 886.2M | 943.0M | 554.7M | |
Property Plant And Equipment Gross | 2.2B | 2.1B | 3.7B | 4.1B | 4.6B | 4.8B | |
Total Current Assets | 83.7M | 58.6M | 88.5M | 283.6M | 199.3M | 209.3M | |
Short Term Debt | 3.4M | 3.9M | 5.3M | 5.9M | 6.5M | 6.2M | |
Cash And Short Term Investments | (119.3M) | (126.0M) | (122.0M) | 41.9M | 37.7M | 39.6M | |
Other Current Assets | 40.5M | 10.6M | 5.5M | 37.9M | 59.8M | 62.8M | |
Non Currrent Assets Other | 28.4M | 76.8M | 2.2B | 40.6M | 37.3M | 35.4M | |
Common Stock Total Equity | 1.3B | 1.2B | 1.2B | 1.2B | 1.4B | 1.3B | |
Common Stock | 1.2B | 1.2B | 1.2B | 1.2B | 1.1B | 1.3B | |
Other Liab | 218.5M | 189.8M | 227.5M | 343.6M | 395.1M | 414.9M | |
Net Tangible Assets | 1.3B | 1.2B | 1.4B | 1.9B | 2.2B | 1.2B | |
Other Assets | 47.1M | 76.8M | 0.0 | 40.6M | 1.0 | 0.95 | |
Property Plant Equipment | 2.2B | 2.1B | 2.3B | 2.5B | 2.9B | 1.7B | |
Long Term Debt | 523.0M | 580.4M | 419.2M | 215.4M | 179.1M | 332.2M | |
Long Term Debt Total | 638.9M | 702.4M | 536.0M | 326.2M | 375.1M | 430.9M | |
Capital Surpluse | 58.1M | 62.3M | 68.3M | 66.0M | 75.9M | 61.6M |
Pair Trading with NuVista Energy
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 NuVista Energy 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 NuVista Energy will appreciate offsetting losses from the drop in the long position's value.Moving against NuVista Stock
The ability to find closely correlated positions to NuVista Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NuVista Energy 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 NuVista Energy - 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 NuVista Energy to buy it.
The correlation of NuVista Energy 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 NuVista Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NuVista Energy 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 NuVista Energy 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 NuVista Stock
Balance Sheet is a snapshot of the financial position of NuVista Energy at a specified time, usually calculated after every quarter, six months, or one year. NuVista Energy Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of NuVista Energy 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 NuVista currently owns. An asset can also be divided into two categories, current and non-current.