Resverlogix Selling And Marketing Expenses vs Tax Provision Analysis

RVX Stock  CAD 0.06  0.00  0.00%   
Resverlogix Corp financial indicator trend analysis is much more than just breaking down Resverlogix Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Resverlogix Corp is a good investment. Please check the relationship between Resverlogix Corp Selling And Marketing Expenses and its Tax Provision accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Resverlogix 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 board of governors.

Selling And Marketing Expenses vs Tax Provision

Selling And Marketing Expenses vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Resverlogix Corp Selling And Marketing Expenses account and Tax Provision. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Resverlogix Corp's Selling And Marketing Expenses and Tax Provision is -0.25. Overlapping area represents the amount of variation of Selling And Marketing Expenses that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Resverlogix Corp, assuming nothing else is changed. The correlation between historical values of Resverlogix Corp's Selling And Marketing Expenses and Tax Provision is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling And Marketing Expenses of Resverlogix Corp are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Selling And Marketing Expenses i.e., Resverlogix Corp's Selling And Marketing Expenses and Tax Provision go up and down completely randomly.

Correlation Coefficient

-0.25
Relationship DirectionNegative 
Relationship StrengthInsignificant

Selling And Marketing Expenses

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Most indicators from Resverlogix Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Resverlogix 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Resverlogix 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 board of governors.
At this time, Resverlogix Corp's Selling General Administrative is very stable compared to the past year. As of the 27th of November 2024, Tax Provision is likely to grow to about 15.8 K, while Issuance Of Capital Stock is likely to drop about 264.1 K.
 2021 2022 2023 2024 (projected)
Research Development4.5M5.5M3.2M3.0M
Depreciation And Amortization1.1M1.0M1.2M1.2M

Resverlogix Corp fundamental ratios Correlations

0.410.11-0.120.240.02-0.250.930.930.88-0.240.40.00.320.970.810.20.01-0.180.19-0.140.650.07-0.35-0.08-0.22
0.410.47-0.570.04-0.09-0.410.480.480.24-0.560.6-0.310.630.420.28-0.06-0.1-0.120.29-0.350.29-0.09-0.09-0.12-0.11
0.110.47-0.870.35-0.510.39-0.03-0.03-0.07-0.210.64-0.230.860.03-0.02-0.030.490.450.19-0.26-0.080.41-0.310.290.36
-0.12-0.57-0.87-0.310.68-0.370.020.02-0.070.1-0.870.38-0.97-0.02-0.030.01-0.5-0.50.00.140.13-0.430.37-0.41-0.36
0.240.040.35-0.310.02-0.10.20.20.23-0.150.33-0.20.350.230.560.360.180.070.07-0.170.52-0.07-0.23-0.18-0.11
0.02-0.09-0.510.680.02-0.670.30.30.03-0.62-0.50.11-0.620.240.260.07-0.66-0.750.08-0.450.48-0.850.62-0.93-0.8
-0.25-0.410.39-0.37-0.1-0.67-0.46-0.46-0.220.580.140.060.27-0.37-0.39-0.280.510.68-0.220.12-0.570.55-0.340.640.52
0.930.48-0.030.020.20.3-0.461.00.78-0.440.310.010.170.990.830.12-0.23-0.380.21-0.350.78-0.27-0.16-0.37-0.52
0.930.48-0.030.020.20.3-0.461.00.78-0.440.310.010.170.990.830.12-0.23-0.380.21-0.350.78-0.27-0.16-0.37-0.52
0.880.24-0.07-0.070.230.03-0.220.780.78-0.130.39-0.070.240.840.820.220.01-0.13-0.17-0.070.520.04-0.17-0.07-0.19
-0.24-0.56-0.210.1-0.15-0.620.58-0.44-0.44-0.13-0.210.18-0.19-0.41-0.32-0.080.40.6-0.220.67-0.50.59-0.380.760.64
0.40.60.64-0.870.33-0.50.140.310.310.39-0.21-0.270.910.350.350.20.50.37-0.1-0.220.170.27-0.370.270.05
0.0-0.31-0.230.38-0.20.110.060.010.01-0.070.18-0.27-0.370.030.030.050.170.12-0.21-0.10.270.0-0.340.03-0.18
0.320.630.86-0.970.35-0.620.270.170.170.24-0.190.91-0.370.220.20.060.490.390.06-0.150.020.44-0.410.370.3
0.970.420.03-0.020.230.24-0.370.990.990.84-0.410.350.030.220.850.17-0.14-0.330.18-0.30.76-0.17-0.21-0.3-0.45
0.810.28-0.02-0.030.560.26-0.390.830.830.82-0.320.350.030.20.850.29-0.1-0.29-0.09-0.260.82-0.23-0.2-0.34-0.47
0.2-0.06-0.030.010.360.07-0.280.120.120.22-0.080.20.050.060.170.290.460.060.170.120.250.12-0.08-0.06-0.07
0.01-0.10.49-0.50.18-0.660.51-0.23-0.230.010.40.50.170.49-0.14-0.10.460.83-0.140.19-0.270.68-0.380.640.49
-0.18-0.120.45-0.50.07-0.750.68-0.38-0.38-0.130.60.370.120.39-0.33-0.290.060.83-0.230.13-0.460.58-0.330.680.56
0.190.290.190.00.070.08-0.220.210.21-0.17-0.22-0.1-0.210.060.18-0.090.17-0.14-0.23-0.090.2-0.01-0.22-0.090.08
-0.14-0.35-0.260.14-0.17-0.450.12-0.35-0.35-0.070.67-0.22-0.1-0.15-0.3-0.260.120.190.13-0.09-0.430.65-0.20.60.64
0.650.29-0.080.130.520.48-0.570.780.780.52-0.50.170.270.020.760.820.25-0.27-0.460.2-0.43-0.45-0.27-0.54-0.64
0.07-0.090.41-0.43-0.07-0.850.55-0.27-0.270.040.590.270.00.44-0.17-0.230.120.680.58-0.010.65-0.45-0.540.890.86
-0.35-0.09-0.310.37-0.230.62-0.34-0.16-0.16-0.17-0.38-0.37-0.34-0.41-0.21-0.2-0.08-0.38-0.33-0.22-0.2-0.27-0.54-0.57-0.35
-0.08-0.120.29-0.41-0.18-0.930.64-0.37-0.37-0.070.760.270.030.37-0.3-0.34-0.060.640.68-0.090.6-0.540.89-0.570.86
-0.22-0.110.36-0.36-0.11-0.80.52-0.52-0.52-0.190.640.05-0.180.3-0.45-0.47-0.070.490.560.080.64-0.640.86-0.350.86
Click cells to compare fundamentals

Resverlogix Corp Account Relationship Matchups

Resverlogix Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets11.4M10.7M10.0M8.1M6.5M6.2M
Other Current Liab57K4.1M(7.0M)(11.9M)577K548.2K
Total Current Liabilities28.7M11.8M17.4M22.7M26.9M19.1M
Total Stockholder Equity(64.1M)(39.9M)(59.9M)(59.3M)(74.5M)(70.8M)
Net Debt13.2M(87.0)7.0M6.5M6.7M7.7M
Retained Earnings(418.9M)(417.3M)(442.1M)(445.7M)(462.4M)(439.3M)
Accounts Payable7.9M6.9M8.7M14.1M14.5M15.3M
Cash4K87K6K40K5K4.8K
Cash And Short Term Investments4K87K6K40K36K34.2K
Net Receivables920K848K310K323K371.5K352.9K
Common Stock Shares Outstanding221.4M235.0M239.9M254.4M272.4M286.0M
Liabilities And Stockholders Equity11.4M10.7M10.0M8.1M9.3M13.3M
Non Current Liabilities Total46.8M38K52.4M44.7M54.1M37.4M
Other Stockholder Equity50.7M1.1M55.3M55.0M63.2M53.4M
Total Liab75.5M50.6M69.9M67.4M81.0M54.4M
Total Current Assets3.2M1.9M3.0M2.9M518K492.1K
Short Long Term Debt Total13.2M996K7.0M6.5M7.5M7.1M
Property Plant And Equipment Net350K2.0M1.5K1.0M426K0.0
Non Current Assets Total8.2M4.4K7.0M5.2M6.0M3.2M
Non Currrent Assets Other3.4M(4.4K)2.6M2.6M3.6M3.8M
Other Current Assets365K297K17K8K6K5.7K
Property Plant And Equipment Gross350K2.0M3.8M2.8M1.0M1.1M
Short Term Debt12.2M157K6.6M6.5M7.5M7.1M
Intangible Assets2.8M2.9M3.4M2.2M2.4M1.5M
Common Stock305.6M322.4M326.9M331.4M381.1M234.8M
Other Assets3.4M4.4M2.6M2.6M3.0M1.8M
Current Deferred Revenue6.2M120K717K383K440.5K462.5K
Inventory1.6M584K2.5M2.4M300K285K
Net Tangible Assets(210.3M)(66.9M)(42.8M)(63.3M)(57.0M)(59.8M)
Short Long Term Debt14.8M11.4M6.0M6.1M6.7M6.4M
Property Plant Equipment2.0M1.5M1.0M426K489.9K465.4K
Capital Surpluse47.7M54.0M55.3M55.0M63.2M50.2M
Net Invested Capital(192.9M)(52.7M)(53.9M)(53.2M)(67.8M)(71.2M)

Pair Trading with Resverlogix Corp

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 Resverlogix Corp 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 Resverlogix Corp will appreciate offsetting losses from the drop in the long position's value.

Moving against Resverlogix Stock

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

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