StealthGas Non Currrent Assets Other from 2010 to 2024
| GASS Stock | USD 8.63 0.06 0.70% |
Non Currrent Assets Other | First Reported 2005-06-30 | Previous Quarter 1.1 M | Current Value 1.2 M | Quarterly Volatility 144.4 M |
Check StealthGas financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among StealthGas' main balance sheet or income statement drivers, such as Depreciation And Amortization of 30.4 M, Interest Expense of 11.4 M or Selling General Administrative of 9.3 M, as well as many indicators such as Price To Sales Ratio of 1.59, Dividend Yield of 0.033 or PTB Ratio of 0.57. StealthGas financial statements analysis is a perfect complement when working with StealthGas Valuation or Volatility modules.
StealthGas | Non Currrent Assets Other |
Latest StealthGas' Non Currrent Assets Other Growth Pattern
Below is the plot of the Non Currrent Assets Other of StealthGas over the last few years. It is assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents. StealthGas' Non Currrent Assets Other historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in StealthGas' overall financial position and show how it may be relating to other accounts over time.
| Non Currrent Assets Other | 10 Years Trend |
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Non Currrent Assets Other |
| Timeline |
StealthGas Non Currrent Assets Other Regression Statistics
| Arithmetic Mean | 6,215,227 | |
| Geometric Mean | 3,350,011 | |
| Coefficient Of Variation | 97.27 | |
| Mean Deviation | 5,175,677 | |
| Median | 3,007,624 | |
| Standard Deviation | 6,045,423 | |
| Sample Variance | 36.5T | |
| Range | 17.9M | |
| R-Value | 0.39 | |
| Mean Square Error | 33.2T | |
| R-Squared | 0.16 | |
| Significance | 0.15 | |
| Slope | 533,021 | |
| Total Sum of Squares | 511.7T |
StealthGas Non Currrent Assets Other History
About StealthGas Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include StealthGas income statement, its balance sheet, and the statement of cash flows. StealthGas investors use historical funamental indicators, such as StealthGas's Non Currrent Assets Other, to determine how well the company is positioned to perform in the future. Although StealthGas investors may use each financial statement separately, they are all related. The changes in StealthGas's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on StealthGas's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on StealthGas Financial Statements. Understanding these patterns can help to make the right decision on long term investment in StealthGas. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Non Currrent Assets Other | 1.2 M | 1.2 M |
Pair Trading with StealthGas
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 StealthGas 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 StealthGas will appreciate offsetting losses from the drop in the long position's value.Moving together with StealthGas Stock
| 0.77 | SB | Safe Bulkers Buyout Trend | PairCorr |
The ability to find closely correlated positions to StealthGas could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace StealthGas 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 StealthGas - 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 StealthGas to buy it.
The correlation of StealthGas 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 StealthGas moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if StealthGas 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 StealthGas 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 StealthGas Stock Analysis
When running StealthGas' price analysis, check to measure StealthGas' 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 StealthGas is operating at the current time. Most of StealthGas' value examination focuses on studying past and present price action to predict the probability of StealthGas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move StealthGas' price. Additionally, you may evaluate how the addition of StealthGas to your portfolios can decrease your overall portfolio volatility.