Zeo Net Invested Capital vs Cash Analysis
| ZEO Stock | 1.31 0.03 2.24% |
Zeo Energy financial indicator trend analysis is more than just analyzing Zeo Energy Corp current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zeo Energy Corp is a good investment. Please check the relationship between Zeo Energy Net Invested Capital and its Cash accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zeo Energy 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 income.
Net Invested Capital vs Cash
Net Invested Capital vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zeo Energy Corp Net Invested Capital account and Cash. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Zeo Energy's Net Invested Capital and Cash is 0.85. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Cash in the same time period over historical financial statements of Zeo Energy Corp, assuming nothing else is changed. The correlation between historical values of Zeo Energy's Net Invested Capital and Cash 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 Zeo Energy Corp are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Net Invested Capital i.e., Zeo Energy's Net Invested Capital and Cash go up and down completely randomly.
Correlation Coefficient | 0.85 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Cash
Cash refers to the most liquid asset of Zeo Energy Corp, which is listed under current asset account on Zeo Energy Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Zeo Energy customers. The amounts must be unrestricted with restricted cash listed in a different Zeo Energy account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Most indicators from Zeo Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zeo Energy 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 Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zeo Energy 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 income. As of the 26th of November 2024, Enterprise Value is likely to grow to about 109.3 M, while Selling General Administrative is likely to drop about 8 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 17.8M | 21.9M | 25.2M | 18.4M | Total Revenue | 89.0M | 110.1M | 126.6M | 82.0M |
Zeo Energy fundamental ratios Correlations
Click cells to compare fundamentals
Zeo Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Zeo 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 Zeo 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 Zeo Energy will appreciate offsetting losses from the drop in the long position's value.Moving together with Zeo Stock
| 0.72 | RUN | Sunrun Inc Aggressive Push | PairCorr |
Moving against Zeo Stock
| 0.7 | AZ | A2Z Smart Technologies | PairCorr |
| 0.64 | B | Barnes Group | PairCorr |
| 0.64 | J | Jacobs Solutions | PairCorr |
| 0.63 | ALSN | Allison Transmission | PairCorr |
| 0.63 | CW | Curtiss Wright | PairCorr |
The ability to find closely correlated positions to Zeo 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 Zeo 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 Zeo 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 Zeo Energy Corp to buy it.
The correlation of Zeo 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 Zeo Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Zeo Energy 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 Zeo 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.Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zeo Energy 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 income. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Is Electrical Components & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Zeo Energy. If investors know Zeo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Zeo Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.96) | Earnings Share 6.23 | Revenue Per Share 47.601 | Quarterly Revenue Growth (0.51) | Return On Assets (0.02) |
The market value of Zeo Energy Corp is measured differently than its book value, which is the value of Zeo that is recorded on the company's balance sheet. Investors also form their own opinion of Zeo Energy's value that differs from its market value or its book value, called intrinsic value, which is Zeo Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Zeo Energy's market value can be influenced by many factors that don't directly affect Zeo Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Zeo Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zeo Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zeo Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.