Pyrophyte Net Working Capital vs Net Invested Capital Analysis
| PHYT Stock | USD 11.38 0.02 0.18% |
Pyrophyte Acquisition financial indicator trend analysis is much more than just breaking down Pyrophyte Acquisition prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pyrophyte Acquisition is a good investment. Please check the relationship between Pyrophyte Acquisition Net Working Capital and its Net Invested Capital accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pyrophyte Acquisition Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
Net Working Capital vs Net Invested Capital
Net Working Capital vs Net Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pyrophyte Acquisition Net Working Capital account and Net Invested Capital. At this time, the significance of the direction appears to have pay attention.
The correlation between Pyrophyte Acquisition's Net Working Capital and Net Invested Capital is -0.88. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Pyrophyte Acquisition Corp, assuming nothing else is changed. The correlation between historical values of Pyrophyte Acquisition's Net Working Capital and Net Invested Capital 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 Working Capital of Pyrophyte Acquisition Corp are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Net Working Capital i.e., Pyrophyte Acquisition's Net Working Capital and Net Invested Capital go up and down completely randomly.
Correlation Coefficient | -0.88 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Net Working Capital
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Most indicators from Pyrophyte Acquisition's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pyrophyte Acquisition 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 Equity Center to better understand how to build diversified portfolios, which includes a position in Pyrophyte Acquisition Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. Selling General Administrative is likely to drop to about 2 M in 2024. Enterprise Value Over EBITDA is likely to drop to -15.31 in 2024
| 2010 | 2022 | 2023 | 2024 (projected) | Income Before Tax | 2.5M | 10.6M | 6.4M | 7.1M | Total Operating Expenses | 347.9K | 2.7M | 2.2M | 1.9M |
Pyrophyte Acquisition fundamental ratios Correlations
Click cells to compare fundamentals
Pyrophyte Acquisition Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Pyrophyte Acquisition
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 Pyrophyte Acquisition 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 Pyrophyte Acquisition will appreciate offsetting losses from the drop in the long position's value.Moving together with Pyrophyte Stock
| 0.89 | WAVS | Western Acquisition | PairCorr |
Moving against Pyrophyte Stock
| 0.64 | NAVI | Navient Corp | PairCorr |
The ability to find closely correlated positions to Pyrophyte Acquisition could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pyrophyte Acquisition 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 Pyrophyte Acquisition - 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 Pyrophyte Acquisition Corp to buy it.
The correlation of Pyrophyte Acquisition 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 Pyrophyte Acquisition moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pyrophyte Acquisition 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 Pyrophyte Acquisition 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 Equity Center to better understand how to build diversified portfolios, which includes a position in Pyrophyte Acquisition Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Complementary Tools for Pyrophyte Stock analysis
When running Pyrophyte Acquisition's price analysis, check to measure Pyrophyte Acquisition'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 Pyrophyte Acquisition is operating at the current time. Most of Pyrophyte Acquisition's value examination focuses on studying past and present price action to predict the probability of Pyrophyte Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pyrophyte Acquisition's price. Additionally, you may evaluate how the addition of Pyrophyte Acquisition to your portfolios can decrease your overall portfolio volatility.
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Is Pyrophyte Acquisition'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 Pyrophyte Acquisition. If investors know Pyrophyte 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 Pyrophyte Acquisition 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 (0.32) | Earnings Share 0.3 | Return On Assets (0.01) |
The market value of Pyrophyte Acquisition is measured differently than its book value, which is the value of Pyrophyte that is recorded on the company's balance sheet. Investors also form their own opinion of Pyrophyte Acquisition's value that differs from its market value or its book value, called intrinsic value, which is Pyrophyte Acquisition'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 Pyrophyte Acquisition's market value can be influenced by many factors that don't directly affect Pyrophyte Acquisition'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 Pyrophyte Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pyrophyte Acquisition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pyrophyte Acquisition'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.