Saratoga Free Cash Flow vs Change To Liabilities Analysis
| SAR Stock | USD 23.46 0.09 0.39% |
Saratoga Investment financial indicator trend analysis is much more than just breaking down Saratoga Investment Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Saratoga Investment Corp is a good investment. Please check the relationship between Saratoga Investment Free Cash Flow and its Change To Liabilities accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Saratoga Investment Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Free Cash Flow vs Change To Liabilities
Free Cash Flow vs Change To Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Saratoga Investment Corp Free Cash Flow account and Change To Liabilities. At this time, the significance of the direction appears to have very week relationship.
The correlation between Saratoga Investment's Free Cash Flow and Change To Liabilities is 0.27. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Change To Liabilities in the same time period over historical financial statements of Saratoga Investment Corp, assuming nothing else is changed. The correlation between historical values of Saratoga Investment's Free Cash Flow and Change To Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Saratoga Investment Corp are associated (or correlated) with its Change To Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Liabilities has no effect on the direction of Free Cash Flow i.e., Saratoga Investment's Free Cash Flow and Change To Liabilities go up and down completely randomly.
Correlation Coefficient | 0.27 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.Change To Liabilities
Most indicators from Saratoga Investment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Saratoga Investment Corp 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Saratoga Investment Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. At this time, Saratoga Investment's Enterprise Value Over EBITDA is relatively stable compared to the past year. As of 09/21/2024, Enterprise Value Multiple is likely to grow to 18.85, while Tax Provision is likely to drop slightly above 2.3 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 9.1M | 12.3M | 53.6M | 50.9M | Cost Of Revenue | 45.0M | 33.5M | 31.1M | 19.6M |
Saratoga Investment fundamental ratios Correlations
Click cells to compare fundamentals
Saratoga Investment Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Saratoga Investment
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 Saratoga Investment 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 Saratoga Investment will appreciate offsetting losses from the drop in the long position's value.Moving together with Saratoga Stock
| 0.67 | BN | Brookfield Corp Sell-off Trend | PairCorr |
| 0.7 | BX | Blackstone Group Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.72 | DX | Dynex Capital | PairCorr |
| 0.61 | EARN | Ellington Residential | PairCorr |
The ability to find closely correlated positions to Saratoga Investment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Saratoga Investment 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 Saratoga Investment - 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 Saratoga Investment Corp to buy it.
The correlation of Saratoga Investment 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 Saratoga Investment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Saratoga Investment Corp 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 Saratoga Investment 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 Saratoga Stock Analysis
When running Saratoga Investment's price analysis, check to measure Saratoga Investment'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 Saratoga Investment is operating at the current time. Most of Saratoga Investment's value examination focuses on studying past and present price action to predict the probability of Saratoga Investment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Saratoga Investment's price. Additionally, you may evaluate how the addition of Saratoga Investment to your portfolios can decrease your overall portfolio volatility.