Vaalco Non Recurring vs Net Income From Continuing Ops Analysis
EGY Stock | USD 6.39 0.04 0.62% |
Vaalco Energy financial indicator trend analysis is much more than just breaking down Vaalco Energy prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vaalco Energy is a good investment. Please check the relationship between Vaalco Energy Non Recurring and its Net Income From Continuing Ops accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Vaalco Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. For more information on how to buy Vaalco Stock please use our How to Invest in Vaalco Energy guide.
Non Recurring vs Net Income From Continuing Ops
Non Recurring vs Net Income From Continuing Ops Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vaalco Energy Non Recurring account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have pay attention.
The correlation between Vaalco Energy's Non Recurring and Net Income From Continuing Ops is -0.83. Overlapping area represents the amount of variation of Non Recurring that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Vaalco Energy, assuming nothing else is changed. The correlation between historical values of Vaalco Energy's Non Recurring and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Recurring of Vaalco Energy are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Non Recurring i.e., Vaalco Energy's Non Recurring and Net Income From Continuing Ops go up and down completely randomly.
Correlation Coefficient | -0.83 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Non Recurring
Net Income From Continuing Ops
Most indicators from Vaalco Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vaalco Energy 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Vaalco Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. For more information on how to buy Vaalco Stock please use our How to Invest in Vaalco Energy guide.At this time, Vaalco Energy's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 62.1 M in 2024, whereas Discontinued Operations is likely to drop (86.9 K) in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 96.8M | 184.7M | 184.6M | 193.9M | Total Revenue | 199.1M | 354.3M | 455.1M | 477.8M |
Vaalco Energy fundamental ratios Correlations
Click cells to compare fundamentals
Vaalco Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Vaalco Energy fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 211.5M | 141.2M | 263.1M | 855.6M | 823.2M | 864.4M | |
Other Current Liab | 350K | 7K | 13K | 92.1M | 73.6M | 77.3M | |
Total Current Liabilities | 63.8M | 52.6M | 84.3M | 162.1M | 127.5M | 133.8M | |
Total Stockholder Equity | 109.7M | 61.5M | 144.3M | 466.1M | 478.8M | 502.7M | |
Property Plant And Equipment Net | 101.6M | 59.6M | 104.6M | 588.7M | 552.1M | 579.7M | |
Net Debt | (12.6M) | (25.3M) | (38.4M) | 51.9M | (30.3M) | (31.8M) | |
Retained Earnings | 70.8M | 22.7M | 104.5M | 147.0M | 177.5M | 186.4M | |
Accounts Payable | 15.9M | 16.7M | 18.8M | 59.9M | 22.2M | 20.5M | |
Cash | 45.9M | 47.9M | 48.7M | 37.2M | 121.1M | 127.2M | |
Non Current Assets Total | 141.8M | 77.3M | 174.8M | 655.5M | 595.1M | 624.8M | |
Non Currrent Assets Other | 16.0M | 12.5M | 30.3M | 31.4M | 7.7M | 9.1M | |
Cash And Short Term Investments | 45.9M | 47.9M | 48.7M | 37.2M | 121.1M | 127.2M | |
Net Receivables | 18.6M | 7.9M | 32.8M | 139.3M | 92.6M | 97.3M | |
Common Stock Shares Outstanding | 59.1M | 57.6M | 58.8M | 70.0M | 106.6M | 111.9M | |
Liabilities And Stockholders Equity | 211.5M | 141.2M | 263.1M | 855.6M | 823.2M | 864.4M | |
Non Current Liabilities Total | 38.1M | 27.2M | 34.5M | 227.4M | 217.0M | 227.8M | |
Inventory | 1.1M | 3.9M | 1.6M | 3.3M | 4.6M | 4.8M | |
Other Current Assets | 3.3M | 4.2M | 5.2M | 20.1M | 9.8M | 10.3M | |
Other Stockholder Equity | 32.1M | 32.0M | 32.9M | 306.0M | 286.3M | 300.6M | |
Total Liab | 101.8M | 79.8M | 118.8M | 389.5M | 344.4M | 361.7M | |
Total Current Assets | 69.8M | 64.0M | 88.3M | 200.1M | 228.1M | 239.5M | |
Short Term Debt | 12.0M | 12.9M | 9.6M | 10.1M | 12.5M | 9.0M | |
Common Stock | 6.8M | 6.8M | 7.0M | 11.9M | 12.1M | 12.7M | |
Common Stock Total Equity | 6.8M | 6.8M | 7.0M | 11.9M | 13.7M | 14.4M | |
Property Plant And Equipment Gross | 101.6M | 59.6M | 104.6M | 495.3M | 1.7B | 1.7B | |
Accumulated Other Comprehensive Income | (390.6M) | (396.7M) | 0.0 | 1.2M | 2.9M | 3.0M | |
Other Liab | 15.4M | 16.7M | 17.5M | 33.9M | 39.0M | 41.0M | |
Other Assets | 40.1M | 77.3M | 70.3M | 59.6M | 68.6M | 72.0M | |
Treasury Stock | (41.4M) | (42.4M) | (43.8M) | (47.7M) | (42.9M) | (40.7M) | |
Property Plant Equipment | 68.3M | 37.0M | 94.3M | 495.3M | 569.6M | 598.0M | |
Net Tangible Assets | 109.7M | 61.5M | 144.3M | 466.1M | 536.0M | 562.8M | |
Retained Earnings Total Equity | 70.8M | 22.7M | 104.5M | 147.0M | 132.3M | 71.1M | |
Capital Surpluse | 73.5M | 74.4M | 76.7M | 353.6M | 406.6M | 427.0M | |
Long Term Investments | 2.2M | 3.7M | 4.3M | 5.5M | 5.0M | 3.9M | |
Non Current Liabilities Other | 38.1M | 27.2M | 34.5M | 146.2M | 17.7M | 34.6M |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Vaalco Energy in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Vaalco Energy's short interest history, or implied volatility extrapolated from Vaalco Energy options trading.
Pair Trading with Vaalco 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 Vaalco 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 Vaalco Energy will appreciate offsetting losses from the drop in the long position's value.Moving together with Vaalco Stock
0.81 | AR | Antero Resources Corp | PairCorr |
0.89 | PR | Permian Resources Financial Report 13th of May 2024 | PairCorr |
0.94 | SD | SandRidge Energy | PairCorr |
0.89 | SM | SM Energy | PairCorr |
Moving against Vaalco Stock
0.67 | EP | Empire Petroleum Corp | PairCorr |
The ability to find closely correlated positions to Vaalco 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 Vaalco 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 Vaalco 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 Vaalco Energy to buy it.
The correlation of Vaalco 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 Vaalco Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vaalco Energy 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 Vaalco 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Vaalco Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. For more information on how to buy Vaalco Stock please use our How to Invest in Vaalco Energy guide.Note that the Vaalco Energy information on this page should be used as a complementary analysis to other Vaalco Energy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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Is Vaalco Energy's industry 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 Vaalco Energy. If investors know Vaalco 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 Vaalco 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 1.386 | Dividend Share 0.25 | Earnings Share 0.56 | Revenue Per Share 4.278 | Quarterly Revenue Growth 0.544 |
The market value of Vaalco Energy is measured differently than its book value, which is the value of Vaalco that is recorded on the company's balance sheet. Investors also form their own opinion of Vaalco Energy's value that differs from its market value or its book value, called intrinsic value, which is Vaalco 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 Vaalco Energy's market value can be influenced by many factors that don't directly affect Vaalco 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 Vaalco Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vaalco Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vaalco 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.