Nuscale Historical Financial Ratios
| SMR Stock | USD 28.06 2.15 7.12% |
Nuscale Power is lately reporting on over 103 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 Book Value Per Share of 1.45, Invested Capital of 0.0, Average Payables of 0.0 or Stock Based Compensation To Revenue of 0.68 will help investors to properly organize and evaluate Nuscale Power Corp financial condition quickly.
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About Nuscale Financial Ratios Analysis
Nuscale Power CorpFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Nuscale Power 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 Nuscale financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Nuscale Power history.
Nuscale Power Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Nuscale Power Corp stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Nuscale Power sales, a figure that is much harder to manipulate than other Nuscale Power Corp multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Ev To Sales
The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.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.Ev To Free Cash Flow
A valuation metric comparing the company's enterprise value to its free cash flow, used to evaluate whether a company is undervalued or overvalued.Most ratios from Nuscale Power's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Nuscale Power Corp 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Nuscale Power 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 population. At this time, Nuscale Power's Shareholders Equity Per Share is relatively stable compared to the past year. As of 11/26/2024, Graham Net Net is likely to grow to 0.57, while Days Sales Outstanding is likely to drop 153.95.
| 2021 | 2023 | 2024 (projected) | Payables Turnover | 0.0957 | 0.46 | 0.49 | Days Of Inventory On Hand | 834.31 | 959.45 | 911.48 |
Nuscale Power fundamentals Correlations
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Nuscale Power Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Nuscale Power
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 Nuscale Power 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 Nuscale Power will appreciate offsetting losses from the drop in the long position's value.Moving together with Nuscale Stock
Moving against Nuscale Stock
| 0.75 | CVV | CVD Equipment | PairCorr |
| 0.73 | RR | Richtech Robotics Class | PairCorr |
| 0.69 | AOS | Smith AO | PairCorr |
| 0.61 | CYD | China Yuchai Interna | PairCorr |
The ability to find closely correlated positions to Nuscale Power could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nuscale Power 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 Nuscale Power - 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 Nuscale Power Corp to buy it.
The correlation of Nuscale Power 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 Nuscale Power moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nuscale Power 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 Nuscale Power 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 Nuscale Stock Analysis
When running Nuscale Power's price analysis, check to measure Nuscale Power'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 Nuscale Power is operating at the current time. Most of Nuscale Power's value examination focuses on studying past and present price action to predict the probability of Nuscale Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nuscale Power's price. Additionally, you may evaluate how the addition of Nuscale Power to your portfolios can decrease your overall portfolio volatility.