Glimpse Operating Cash Flow Per Share vs Pocfratio Analysis

VRAR Stock  USD 0.74  0.04  5.13%   
Glimpse financial indicator trend analysis is much more than just examining Glimpse Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Glimpse Group is a good investment. Please check the relationship between Glimpse Operating Cash Flow Per Share and its Pocfratio accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Glimpse Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Operating Cash Flow Per Share vs Pocfratio

Operating Cash Flow Per Share vs Pocfratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Glimpse Group Operating Cash Flow Per Share account and Pocfratio. At this time, the significance of the direction appears to have pay attention.
The correlation between Glimpse's Operating Cash Flow Per Share and Pocfratio is -0.81. Overlapping area represents the amount of variation of Operating Cash Flow Per Share that can explain the historical movement of Pocfratio in the same time period over historical financial statements of Glimpse Group, assuming nothing else is changed. The correlation between historical values of Glimpse's Operating Cash Flow Per Share and Pocfratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Cash Flow Per Share of Glimpse Group are associated (or correlated) with its Pocfratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pocfratio has no effect on the direction of Operating Cash Flow Per Share i.e., Glimpse's Operating Cash Flow Per Share and Pocfratio go up and down completely randomly.

Correlation Coefficient

-0.81
Relationship DirectionNegative 
Relationship StrengthSignificant

Operating Cash Flow Per Share

A measure of the cash generated from a company's normal business operations per share, indicating how much cash is generated from a company's business operations on a per-share basis.

Pocfratio

Most indicators from Glimpse's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Glimpse Group 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 Glimpse Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
As of 11/27/2024, Issuance Of Capital Stock is likely to grow to about 5.6 M, while Selling General Administrative is likely to drop slightly above 3.8 M.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization540.2K2.2M1.4M764.7K
Interest Income32.2K242.4K278.8K292.7K

Glimpse fundamental ratios Correlations

0.240.780.810.970.650.230.690.64-0.87-0.650.740.890.980.890.930.950.850.60.92-0.430.380.850.880.980.69
0.240.360.370.110.84-0.150.20.04-0.06-0.290.680.220.220.210.450.210.250.140.550.640.540.290.460.190.2
0.780.361.00.610.63-0.250.880.34-0.48-0.760.890.530.830.530.940.80.750.630.88-0.070.590.810.970.620.88
0.810.371.00.650.65-0.220.880.37-0.52-0.760.90.570.850.570.950.820.770.630.9-0.10.580.830.980.660.88
0.970.110.610.650.540.380.560.67-0.92-0.550.580.920.930.920.810.910.810.550.81-0.540.260.780.741.00.56
0.650.840.630.650.54-0.180.590.17-0.35-0.690.830.480.660.480.770.680.710.590.810.250.740.730.740.60.59
0.23-0.15-0.25-0.220.38-0.18-0.480.77-0.670.57-0.180.630.070.63-0.05-0.01-0.15-0.520.06-0.39-0.66-0.26-0.090.36-0.48
0.690.20.880.880.560.59-0.480.12-0.3-0.90.70.330.810.330.820.840.870.880.71-0.20.730.920.820.551.0
0.640.040.340.370.670.170.770.12-0.880.110.260.870.540.870.450.450.29-0.120.55-0.55-0.370.220.470.660.12
-0.87-0.06-0.48-0.52-0.92-0.35-0.67-0.3-0.880.2-0.46-0.99-0.78-0.99-0.68-0.72-0.57-0.2-0.710.540.06-0.51-0.62-0.91-0.3
-0.65-0.29-0.76-0.76-0.55-0.690.57-0.90.110.2-0.71-0.25-0.76-0.25-0.77-0.81-0.85-0.94-0.680.08-0.85-0.92-0.74-0.56-0.9
0.740.680.890.90.580.83-0.180.70.26-0.46-0.710.560.750.560.930.720.690.530.910.240.690.740.930.630.7
0.890.220.530.570.920.480.630.330.87-0.99-0.250.560.81.00.740.740.60.220.78-0.430.030.550.690.920.33
0.980.220.830.850.930.660.070.810.54-0.78-0.760.750.80.80.940.990.930.730.9-0.420.50.930.90.940.81
0.890.210.530.570.920.480.630.330.87-0.99-0.250.561.00.80.730.740.60.220.78-0.430.030.540.680.920.33
0.930.450.940.950.810.77-0.050.820.45-0.68-0.770.930.740.940.730.910.850.660.97-0.130.60.890.980.830.82
0.950.210.80.820.910.68-0.010.840.45-0.72-0.810.720.740.990.740.910.960.810.86-0.410.570.960.860.910.84
0.850.250.750.770.810.71-0.150.870.29-0.57-0.850.690.60.930.60.850.960.90.76-0.280.710.990.790.810.87
0.60.140.630.630.550.59-0.520.88-0.12-0.2-0.940.530.220.730.220.660.810.90.53-0.190.820.920.60.550.88
0.920.550.880.90.810.810.060.710.55-0.71-0.680.910.780.90.780.970.860.760.53-0.130.50.80.970.840.71
-0.430.64-0.07-0.1-0.540.25-0.39-0.2-0.550.540.080.24-0.43-0.42-0.43-0.13-0.41-0.28-0.19-0.130.39-0.24-0.12-0.48-0.2
0.380.540.590.580.260.74-0.660.73-0.370.06-0.850.690.030.50.030.60.570.710.820.50.390.760.560.30.73
0.850.290.810.830.780.73-0.260.920.22-0.51-0.920.740.550.930.540.890.960.990.920.8-0.240.760.840.780.92
0.880.460.970.980.740.74-0.090.820.47-0.62-0.740.930.690.90.680.980.860.790.60.97-0.120.560.840.760.82
0.980.190.620.661.00.60.360.550.66-0.91-0.560.630.920.940.920.830.910.810.550.84-0.480.30.780.760.55
0.690.20.880.880.560.59-0.481.00.12-0.3-0.90.70.330.810.330.820.840.870.880.71-0.20.730.920.820.55
Click cells to compare fundamentals

Glimpse Account Relationship Matchups

Glimpse fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.0M3.2M38.4M24.3M15.6M15.7M
Other Current Liab118.6K1.9M3.1M6.8M1.8M2.5M
Total Current Liabilities570.5K2.3M4.2M8.1M2.4M3.3M
Total Stockholder Equity(305.7K)(1.2M)28.8M11.2M11.5M9.5M
Net Tangible Assets(305.7K)(1.2M)11.3M(4.3M)(4.9M)(4.7M)
Property Plant And Equipment Net41.2K42.2K246.0K892.3K620.1K342.9K
Current Deferred Revenue330.4K98.4K841.4K466.4K72.8K69.1K
Net Debt697.6K281.9K(16.2M)(4.8M)(1.3M)(1.4M)
Retained Earnings(16.0M)(22.1M)(28.1M)(56.6M)(63.0M)(59.9M)
Accounts Payable121.5K381.5K340.1K455.8K181.7K279.2K
Cash1.0M1.8M16.2M5.6M1.8M1.8M
Non Current Assets Total41.2K42.2K20.1M16.5M12.0M9.0M
Cash And Short Term Investments1.0M1.8M16.5M5.6M1.8M1.8M
Net Receivables214.7K626.2K1.3M1.5M723.0K821.1K
Liabilities And Stockholders Equity2.0M3.2M38.4M24.3M15.6M15.7M
Non Current Liabilities Total1.7M2.1M5.3M4.9M1.6M2.9M
Inventory237.7K499.6K39.5K158.6K170.8K170.5K
Other Current Assets468.7K780.7K425.1K720.7K949.0K684.7K
Other Stockholder Equity15.7M20.9M56.9M67.9M74.6M45.5M
Total Liab2.3M4.4M9.6M13.1M4.0M6.2M
Net Invested Capital1.4M882.0K28.8M11.2M11.5M10.1M
Property Plant And Equipment Gross41.2K42.2K246.0K892.3K620.1K342.9K
Total Current Assets2.0M3.2M18.3M7.8M3.5M6.7M
Capital Stock7.0K7.6K12.7K14.7K18.2K12.3K
Net Working Capital1.4M839.8K14.1M(332.6K)1.1M1.0M
Common Stock7.0K7.6K12.7K14.7K18.2K12.3K
Property Plant Equipment41.2K42.2K246.0K892.3K1.0M1.1M

Pair Trading with Glimpse

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

Moving against Glimpse Stock

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

Additional Tools for Glimpse Stock Analysis

When running Glimpse's price analysis, check to measure Glimpse'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 Glimpse is operating at the current time. Most of Glimpse's value examination focuses on studying past and present price action to predict the probability of Glimpse's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Glimpse's price. Additionally, you may evaluate how the addition of Glimpse to your portfolios can decrease your overall portfolio volatility.