VERSES Net Invested Capital vs Retained Earnings Analysis
| VERS Stock | 0.39 0.01 2.50% |
VERSES AI financial indicator trend analysis is much more than just breaking down VERSES AI prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether VERSES AI is a good investment. Please check the relationship between VERSES AI Net Invested Capital and its Retained Earnings accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VERSES AI. 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.
Net Invested Capital vs Retained Earnings
Net Invested Capital vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of VERSES AI Net Invested Capital account and Retained Earnings. At this time, the significance of the direction appears to have totally related.
The correlation between VERSES AI's Net Invested Capital and Retained Earnings is 0.99. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of VERSES AI, assuming nothing else is changed. The correlation between historical values of VERSES AI's Net Invested Capital and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of VERSES AI are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Net Invested Capital i.e., VERSES AI's Net Invested Capital and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.99 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Most indicators from VERSES AI's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into VERSES AI 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 World Market Map to better understand how to build diversified portfolios, which includes a position in VERSES AI. 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. The current year's Tax Provision is expected to grow to 3,561, whereas Selling General Administrative is forecasted to decline to about 14.4 M.
| 2010 | 2022 | 2023 | 2024 (projected) | Interest Expense | 160.8K | 131.8K | 552.4K | 309.8K | Interest Income | 16.0K | 18.8K | 240.3K | 252.3K |
VERSES AI fundamental ratios Correlations
Click cells to compare fundamentals
VERSES AI Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with VERSES AI
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 VERSES AI 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 VERSES AI will appreciate offsetting losses from the drop in the long position's value.Moving together with VERSES Stock
Moving against VERSES Stock
The ability to find closely correlated positions to VERSES AI could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace VERSES AI 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 VERSES AI - 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 VERSES AI to buy it.
The correlation of VERSES AI 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 VERSES AI moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if VERSES AI 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 VERSES AI 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 VERSES Stock
Balance Sheet is a snapshot of the financial position of VERSES AI at a specified time, usually calculated after every quarter, six months, or one year. VERSES AI Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of VERSES AI 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 VERSES currently owns. An asset can also be divided into two categories, current and non-current.