VERSES Historical Balance Sheet

VERS Stock   0.39  0.01  2.50%   
Trend analysis of VERSES AI balance sheet accounts such as Total Assets of 6.2 M, Other Current Liab of 774.3 K, Total Current Liabilities of 7.9 M or Property Plant And Equipment Net of 283.5 K provides information on VERSES AI's total assets, liabilities, and equity, which is the actual value of VERSES AI to its prevalent stockholders. By breaking down trends over time using VERSES AI balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
  
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.

About VERSES Balance Sheet Analysis

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.

VERSES AI Balance Sheet Chart

Total Assets

Total assets refers to the total amount of VERSES AI assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in VERSES AI books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on VERSES AI balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of VERSES AI are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most accounts from VERSES AI's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts 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 balance sheet accounts, 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.
 2010 2022 2023 2024 (projected)
Other Current Liabilities1M1.3M576.2K774.3K
Total Assets9.0M8.6M5.7M6.2M

VERSES AI balance sheet Correlations

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-0.91-0.48-0.96-0.98-0.940.97-0.940.95-0.55-0.80.98-0.96-0.961.0-0.880.86-0.920.96-0.960.88-0.88
0.970.58-0.960.990.99-0.941.0-0.940.760.76-0.970.951.0-0.960.96-0.950.96-0.941.0-0.920.93
0.940.5-0.980.990.98-0.940.98-0.930.710.81-0.970.971.0-0.980.93-0.910.94-0.940.99-0.890.9
0.990.67-0.940.990.98-0.951.0-0.950.760.68-0.970.910.99-0.940.99-0.980.98-0.950.99-0.960.97
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0.980.63-0.941.00.981.0-0.94-0.940.780.71-0.960.920.99-0.940.98-0.970.97-0.941.0-0.940.95
-0.96-0.720.95-0.94-0.93-0.951.0-0.94-0.53-0.580.99-0.84-0.930.95-0.940.93-0.981.0-0.940.97-0.97
0.720.43-0.550.760.710.76-0.520.78-0.530.56-0.580.660.76-0.550.78-0.780.67-0.530.76-0.630.67
0.57-0.09-0.80.760.810.68-0.630.71-0.580.56-0.680.920.78-0.80.56-0.530.57-0.60.75-0.470.48
-0.96-0.640.98-0.97-0.97-0.971.0-0.960.99-0.58-0.68-0.91-0.960.98-0.940.93-0.980.99-0.970.96-0.95
0.840.3-0.960.950.970.91-0.880.92-0.840.660.92-0.910.96-0.960.83-0.80.84-0.860.95-0.770.78
0.960.55-0.961.01.00.99-0.940.99-0.930.760.78-0.960.96-0.960.96-0.940.95-0.931.0-0.910.92
-0.91-0.481.0-0.96-0.98-0.940.97-0.940.95-0.55-0.80.98-0.96-0.96-0.880.86-0.930.96-0.960.88-0.88
1.00.77-0.880.960.930.99-0.920.98-0.940.780.56-0.940.830.96-0.88-1.00.99-0.930.97-0.980.99
-0.99-0.790.86-0.95-0.91-0.980.91-0.970.93-0.78-0.530.93-0.8-0.940.86-1.0-0.980.93-0.950.98-0.99
1.00.77-0.920.960.940.98-0.970.97-0.980.670.57-0.980.840.95-0.930.99-0.98-0.980.96-0.990.99
-0.96-0.70.96-0.94-0.94-0.951.0-0.941.0-0.53-0.60.99-0.86-0.930.96-0.930.93-0.98-0.940.97-0.96
0.970.58-0.961.00.990.99-0.941.0-0.940.760.75-0.970.951.0-0.960.97-0.950.96-0.94-0.930.94
-0.99-0.830.88-0.92-0.89-0.960.96-0.940.97-0.63-0.470.96-0.77-0.910.88-0.980.98-0.990.97-0.93-1.0
0.990.83-0.880.930.90.97-0.950.95-0.970.670.48-0.950.780.92-0.880.99-0.990.99-0.960.94-1.0
Click cells to compare fundamentals

VERSES AI Account Relationship Matchups

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

  0.9AEMC Alaska Energy MetalsPairCorr

Moving against VERSES Stock

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  0.58ERC Eros Resources CorpPairCorr
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.
Pair CorrelationCorrelation Matching

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.