Genius Change In Working Capital from 2010 to 2024
| GNS Stock | USD 0.26 0.01 3.70% |
Change In Working Capital | First Reported 2010-12-31 | Previous Quarter 1.1 M | Current Value 1.1 M | Quarterly Volatility 1.2 M |
Check Genius financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Genius' main balance sheet or income statement drivers, such as Interest Expense of 3.9 M, Other Operating Expenses of 45.9 M or Interest Income of 86.4 K, as well as many indicators such as Price To Sales Ratio of 0.92, Dividend Yield of 2.0E-4 or PTB Ratio of 1.51. Genius financial statements analysis is a perfect complement when working with Genius Valuation or Volatility modules.
Genius | Change In Working Capital |
Latest Genius' Change In Working Capital Growth Pattern
Below is the plot of the Change In Working Capital of Genius Group over the last few years. It is the difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities. Genius' Change In Working Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Genius' overall financial position and show how it may be relating to other accounts over time.
| Change In Working Capital | 10 Years Trend |
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Change In Working Capital |
| Timeline |
Genius Change In Working Capital Regression Statistics
| Arithmetic Mean | 105,795 | |
| Geometric Mean | 377,112 | |
| Coefficient Of Variation | 1,112 | |
| Mean Deviation | 746,002 | |
| Median | (193,013) | |
| Standard Deviation | 1,176,585 | |
| Sample Variance | 1.4T | |
| Range | 5.2M | |
| R-Value | 0.40 | |
| Mean Square Error | 1.3T | |
| R-Squared | 0.16 | |
| Significance | 0.14 | |
| Slope | 105,641 | |
| Total Sum of Squares | 19.4T |
Genius Change In Working Capital History
About Genius Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Genius income statement, its balance sheet, and the statement of cash flows. Genius investors use historical funamental indicators, such as Genius's Change In Working Capital, to determine how well the company is positioned to perform in the future. Although Genius investors may use each financial statement separately, they are all related. The changes in Genius's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Genius'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 Genius Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Genius. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Change In Working Capital | 1.1 M | 1.1 M |
Pair Trading with Genius
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 Genius 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 Genius will appreciate offsetting losses from the drop in the long position's value.Moving together with Genius Stock
Moving against Genius Stock
The ability to find closely correlated positions to Genius could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Genius 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 Genius - 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 Genius Group to buy it.
The correlation of Genius 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 Genius moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Genius Group 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 Genius 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 Genius Stock Analysis
When running Genius' price analysis, check to measure Genius' 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 Genius is operating at the current time. Most of Genius' value examination focuses on studying past and present price action to predict the probability of Genius' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Genius' price. Additionally, you may evaluate how the addition of Genius to your portfolios can decrease your overall portfolio volatility.