Slam Total Liab vs Net Working Capital Analysis

SXL Stock  CAD 0.02  0.01  33.33%   
Slam Exploration financial indicator trend analysis is much more than just breaking down Slam Exploration prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Slam Exploration is a good investment. Please check the relationship between Slam Exploration Total Liab and its Net Working Capital accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Slam Exploration. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Total Liab vs Net Working Capital

Total Liab vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Slam Exploration Total Liab account and Net Working Capital. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Slam Exploration's Total Liab and Net Working Capital is -0.67. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Slam Exploration, assuming nothing else is changed. The correlation between historical values of Slam Exploration's Total Liab and Net Working 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 Total Liab of Slam Exploration are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Total Liab i.e., Slam Exploration's Total Liab and Net Working Capital go up and down completely randomly.

Correlation Coefficient

-0.67
Relationship DirectionNegative 
Relationship StrengthWeak

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Net Working Capital

Most indicators from Slam Exploration's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Slam Exploration 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 Slam Exploration. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
Selling General Administrative is likely to climb to about 212.5 K in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 83.6 K in 2024.

Slam Exploration fundamental ratios Correlations

0.60.790.910.9-0.05-0.550.740.250.74-0.580.740.80.91-0.670.770.870.78-0.290.450.65-0.630.870.71-0.250.65
0.60.710.470.46-0.27-0.40.380.240.51-0.990.160.70.54-0.910.530.50.74-0.17-0.150.64-0.640.420.06-0.460.33
0.790.710.60.63-0.24-0.570.57-0.160.84-0.680.521.00.69-0.830.810.760.81-0.320.130.84-0.830.850.33-0.680.67
0.910.470.60.990.09-0.490.670.30.75-0.490.670.610.84-0.560.740.930.65-0.550.460.5-0.50.780.71-0.140.69
0.90.460.630.990.12-0.50.630.220.8-0.480.680.640.81-0.570.790.950.65-0.620.470.51-0.520.820.7-0.210.75
-0.05-0.27-0.240.090.120.33-0.320.02-0.090.320.03-0.25-0.220.390.260.08-0.33-0.420.53-0.450.480.060.310.320.46
-0.55-0.4-0.57-0.49-0.50.33-0.43-0.14-0.640.4-0.57-0.57-0.650.57-0.55-0.44-0.830.250.24-0.80.81-0.50.020.69-0.39
0.740.380.570.670.63-0.32-0.430.060.53-0.380.60.590.9-0.470.490.610.51-0.130.230.62-0.620.680.61-0.040.39
0.250.24-0.160.30.220.02-0.140.06-0.25-0.230.16-0.160.27-0.13-0.120.00.30.2-0.07-0.070.09-0.210.040.33-0.22
0.740.510.840.750.8-0.09-0.640.53-0.25-0.530.530.840.67-0.720.880.880.73-0.680.160.77-0.790.860.37-0.670.81
-0.58-0.99-0.68-0.49-0.480.320.4-0.38-0.23-0.53-0.11-0.68-0.540.93-0.51-0.53-0.730.230.19-0.640.64-0.4-0.030.47-0.31
0.740.160.520.670.680.03-0.570.60.160.53-0.110.520.76-0.280.60.580.55-0.220.390.58-0.550.690.64-0.150.54
0.80.71.00.610.64-0.25-0.570.59-0.160.84-0.680.520.71-0.830.810.760.81-0.320.140.84-0.830.860.34-0.670.67
0.910.540.690.840.81-0.22-0.650.90.270.67-0.540.760.71-0.630.670.730.77-0.230.230.75-0.740.770.6-0.210.53
-0.67-0.91-0.83-0.56-0.570.390.57-0.47-0.13-0.720.93-0.28-0.83-0.63-0.63-0.64-0.870.310.23-0.820.83-0.54-0.040.63-0.43
0.770.530.810.740.790.26-0.550.49-0.120.88-0.510.60.810.67-0.630.850.69-0.70.310.68-0.670.890.46-0.540.96
0.870.50.760.930.950.08-0.440.610.00.88-0.530.580.760.73-0.640.850.63-0.670.470.55-0.560.890.65-0.350.81
0.780.740.810.650.65-0.33-0.830.510.30.73-0.730.550.810.77-0.870.690.63-0.25-0.160.88-0.870.610.12-0.640.48
-0.29-0.17-0.32-0.55-0.62-0.420.25-0.130.2-0.680.23-0.22-0.32-0.230.31-0.7-0.67-0.25-0.15-0.260.3-0.48-0.20.37-0.8
0.45-0.150.130.460.470.530.240.23-0.070.160.190.390.140.230.230.310.47-0.16-0.15-0.260.280.530.890.380.44
0.650.640.840.50.51-0.45-0.80.62-0.070.77-0.640.580.840.75-0.820.680.550.88-0.26-0.26-1.00.640.08-0.720.49
-0.63-0.64-0.83-0.5-0.520.480.81-0.620.09-0.790.64-0.55-0.83-0.740.83-0.67-0.56-0.870.30.28-1.0-0.64-0.060.74-0.48
0.870.420.850.780.820.06-0.50.68-0.210.86-0.40.690.860.77-0.540.890.890.61-0.480.530.64-0.640.69-0.420.85
0.710.060.330.710.70.310.020.610.040.37-0.030.640.340.6-0.040.460.650.12-0.20.890.08-0.060.690.340.51
-0.25-0.46-0.68-0.14-0.210.320.69-0.040.33-0.670.47-0.15-0.67-0.210.63-0.54-0.35-0.640.370.38-0.720.74-0.420.34-0.43
0.650.330.670.690.750.46-0.390.39-0.220.81-0.310.540.670.53-0.430.960.810.48-0.80.440.49-0.480.850.51-0.43
Click cells to compare fundamentals

Slam Exploration Account Relationship Matchups

Slam Exploration fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets308.4K1.0M1.8M1.7M1.9M993.7K
Total Current Liabilities429.7K421.4K490.8K570.3K655.9K364.2K
Total Stockholder Equity(121.3K)599.7K1.3M1.1M1.3M1.3M
Net Tangible Assets376.2K(121.4K)599.7K1.3M1.5M1.6M
Retained Earnings(24.9M)(24.8M)(24.8M)(25.0M)(22.5M)(23.7M)
Accounts Payable38.7K47.7K64.5K54.6K49.1K61.8K
Cash12.3K237.3K444.7K164.1K188.7K132.1K
Net Receivables44.8K22.7K82.8K29.5K26.5K25.2K
Short Term Investments90K194.2K167.9K259.7K298.6K313.6K
Other Stockholder Equity391.6K265.8K246.0K609.6K701.1K386.8K
Total Liab429.7K445.6K511.9K582.1K669.4K370.4K
Total Current Assets147.1K467.4K710.6K497.7K572.3K354.9K
Property Plant Equipment357.0K161.3K578.0K1.1M1.3M1.3M
Non Current Assets Total161.3K578.0K1.1M1.2M1.4M773.3K
Net Invested Capital(121.3K)624.0K1.4M1.2M1.3M757.8K
Net Working Capital(282.6K)46.0K219.8K(72.7K)(65.4K)(62.1K)

Pair Trading with Slam Exploration

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 Slam Exploration 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 Slam Exploration will appreciate offsetting losses from the drop in the long position's value.

Moving against Slam Stock

  0.48CVS CVS HEALTH CDRPairCorr
The ability to find closely correlated positions to Slam Exploration could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Slam Exploration 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 Slam Exploration - 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 Slam Exploration to buy it.
The correlation of Slam Exploration 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 Slam Exploration moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Slam Exploration 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 Slam Exploration 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.
Pair CorrelationCorrelation Matching
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Slam Exploration. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

Complementary Tools for Slam Stock analysis

When running Slam Exploration's price analysis, check to measure Slam Exploration'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 Slam Exploration is operating at the current time. Most of Slam Exploration's value examination focuses on studying past and present price action to predict the probability of Slam Exploration's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Slam Exploration's price. Additionally, you may evaluate how the addition of Slam Exploration to your portfolios can decrease your overall portfolio volatility.
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Please note, there is a significant difference between Slam Exploration's value and its price as these two are different measures arrived at by different means. Investors typically determine if Slam Exploration is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Slam Exploration'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.