Amprius Current Assets vs Cash and Equivalents Analysis
Amprius Technologies financial indicator trend analysis is way more than just evaluating Amprius Technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Amprius Technologies is a good investment. Please check the relationship between Amprius Technologies Current Assets and its Cash and Equivalents accounts. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
Current Assets vs Cash and Equivalents
Current Assets vs Cash and Equivalents Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Amprius Technologies Current Assets account and Cash and Equivalents. At this time, the significance of the direction appears to have totally related.
The correlation between Amprius Technologies' Current Assets and Cash and Equivalents is 1.0. Overlapping area represents the amount of variation of Current Assets that can explain the historical movement of Cash and Equivalents in the same time period over historical financial statements of Amprius Technologies, assuming nothing else is changed. The correlation between historical values of Amprius Technologies' Current Assets and Cash and Equivalents is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Assets of Amprius Technologies are associated (or correlated) with its Cash and Equivalents. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash and Equivalents has no effect on the direction of Current Assets i.e., Amprius Technologies' Current Assets and Cash and Equivalents go up and down completely randomly.
Correlation Coefficient | 1.0 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Current Assets
Current assets of Amprius Technologies include cash, cash equivalents, short-term investments, accounts receivable, stock inventory and the portion of prepaid liabilities which will be paid within a year. Depending on the nature of the business, current assets can range from barrels of crude oil, to baked goods, to foreign currency. Current assets are important because they are the assets that are used to fund day-to-day operations of Amprius Technologies. The current portion of Total Assets; reported if a company operates a classified balance sheet that segments current and non-current assets.Cash and Equivalents
A component of Total Assets representing the amount of currency on hand as well as demand deposits with banks or financial institutions. Where this item is not contained on the company consolidated financial statements and cannot otherwise be imputed the value of 0 is used.Most indicators from Amprius Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Amprius Technologies 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 Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. Issuance Purchase of Equity Shares is likely to rise to about 78.9 M in 2023, whereas Selling General and Administrative Expense is likely to drop slightly above 9.3 M in 2023.
| 2010 | 2021 | 2022 | 2023 (projected) | Revenues USD | 4.7M | 2.8M | 4.4M | 4.0M | Revenues | 4.7M | 2.8M | 4.4M | 4.0M |
Amprius Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Amprius Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Be your own money manager
Our tools can tell you how much better you can do entering a position in Amprius Technologies without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Pair Trading with Amprius Technologies
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 Amprius Technologies 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 Amprius Technologies will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Amprius Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Amprius Technologies 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 Amprius Technologies - 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 Amprius Technologies to buy it.
The correlation of Amprius Technologies is a statistical measure of how it moves in relation to other equities. 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 Amprius Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Amprius Technologies 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 Amprius Technologies 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 Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Other Tools for Amprius Stock
When running Amprius Technologies' price analysis, check to measure Amprius Technologies' 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 Amprius Technologies is operating at the current time. Most of Amprius Technologies' value examination focuses on studying past and present price action to predict the probability of Amprius Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Amprius Technologies' price. Additionally, you may evaluate how the addition of Amprius Technologies to your portfolios can decrease your overall portfolio volatility.
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