Versus Common Stock vs Other Current Liab Analysis
VS Stock | USD 1.40 0.02 1.41% |
Versus Systems financial indicator trend analysis is much more than just breaking down Versus Systems prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Versus Systems is a good investment. Please check the relationship between Versus Systems Common Stock and its Other Current Liab accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Versus Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. For more information on how to buy Versus Stock please use our How to Invest in Versus Systems guide.
Common Stock vs Other Current Liab
Common Stock vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Versus Systems Common Stock account and Other Current Liab. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Versus Systems' Common Stock and Other Current Liab is -0.6. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Versus Systems, assuming nothing else is changed. The correlation between historical values of Versus Systems' Common Stock and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Versus Systems are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Common Stock i.e., Versus Systems' Common Stock and Other Current Liab go up and down completely randomly.
Correlation Coefficient | -0.6 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Common Stock
Other Current Liab
Most indicators from Versus Systems' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Versus Systems 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 Versus Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. For more information on how to buy Versus Stock please use our How to Invest in Versus Systems guide.At this time, Versus Systems' Issuance Of Capital Stock is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 0.46 in 2024, despite the fact that Sales General And Administrative To Revenue is likely to grow to (1.24).
2022 | 2023 | 2024 (projected) | Research Development | 699.5K | 1.1M | 802.2K | Reconciled Depreciation | 3.2M | 2.5M | 2.9M |
Versus Systems fundamental ratios Correlations
Click cells to compare fundamentals
Versus Systems Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Versus Systems fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.1M | 5.6M | 18.5M | 8.8M | 4.9M | 5.0M | |
Short Long Term Debt Total | 4.5M | 5.3M | 3.2M | 2.7M | 3.1M | 3.3M | |
Total Current Liabilities | 998.1K | 4.0M | 3.4M | 3.3M | 321.5K | 305.4K | |
Total Stockholder Equity | 2.4M | 4.8M | 22.6M | 11.9M | 11.9M | 12.5M | |
Property Plant And Equipment Net | 726.5K | 490.9K | 326.9K | 172.8K | 1.9K | 1.8K | |
Net Debt | 4.5M | 2.9M | 1.5M | 1.6M | (4.7M) | (4.5M) | |
Retained Earnings | (81.5M) | (89.6M) | (101.0M) | (125.2M) | (135.4M) | (128.7M) | |
Accounts Payable | 342.2K | 561.6K | 386.0K | 138.3K | 82.6K | 78.5K | |
Cash | 75.9K | 2.3M | 1.7M | 1.2M | 4.7M | 4.9M | |
Non Current Assets Total | 3.0M | 2.4M | 16.2M | 7.3M | 10.6K | 10.1K | |
Non Currrent Assets Other | 108.2K | 109.2K | 109.1K | 108.5K | 8.7K | 8.2K | |
Cash And Short Term Investments | 75.9K | 2.3M | 1.7M | 1.2M | 4.7M | 4.9M | |
Net Receivables | 34.0K | 473.6K | 123.6K | 60.7K | 18.2K | 17.3K | |
Common Stock Shares Outstanding | 468.8K | 648.3K | 952.8K | 1.7M | 912.7K | 958.4K | |
Liabilities And Stockholders Equity | 3.1M | 5.6M | 18.5M | 8.8M | 4.9M | 5.0M | |
Total Liab | 5.3M | 6.8M | 4.5M | 3.3M | 321.5K | 305.4K | |
Property Plant And Equipment Gross | 949.0K | 625.9K | 1.1M | 1.2M | 773.5K | 734.8K | |
Total Current Assets | 131.4K | 3.2M | 2.4M | 1.5M | 4.9M | 5.1M | |
Common Stock | 76.2M | 85.3M | 110.3M | 122.4M | 147.1M | 75.3M | |
Other Current Assets | 21.6K | 18.6K | 377.9K | 223.2K | 160.5K | 98.8K | |
Accumulated Other Comprehensive Income | 7.5M | 9.0M | 10.7M | 14.7M | 248.3K | 235.9K | |
Other Current Liab | 404.5K | 924.3K | 446.4K | 383.7K | 203.8K | 303.1K | |
Inventory | (0.81) | 1.0 | 174.8K | 0.76 | 0.26 | 0.25 | |
Net Tangible Assets | 336.0K | 3.8M | 6.8M | 4.8M | 5.5M | 5.8M | |
Intangible Assets | 2.1M | 1.8M | 9.2M | 7.1M | 8.1M | 4.7M | |
Property Plant Equipment | 949.0K | 625.9K | 326.9K | 172.8K | 198.8K | 348.3K | |
Net Invested Capital | 8.0M | 12.0M | 25.4M | 14.5M | 11.9M | 13.5M | |
Net Working Capital | (1.1M) | (1.0M) | (1.0M) | (1.9M) | 4.5M | 4.8M | |
Capital Stock | 76.2M | 85.3M | 110.3M | 122.4M | 147.1M | 111.6M |
Pair Trading with Versus Systems
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 Versus Systems 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 Versus Systems will appreciate offsetting losses from the drop in the long position's value.Moving together with Versus Stock
0.75 | U | Unity Software | PairCorr |
0.76 | AI | C3 Ai Inc Financial Report 29th of May 2024 | PairCorr |
Moving against Versus Stock
0.67 | DSGX | Descartes Systems Financial Report 29th of May 2024 | PairCorr |
0.61 | ML | MoneyLion | PairCorr |
0.48 | DOCU | DocuSign Financial Report 13th of June 2024 | PairCorr |
0.47 | DPSI | DecisionPoint Systems Financial Report 20th of May 2024 | PairCorr |
The ability to find closely correlated positions to Versus Systems could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Versus Systems 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 Versus Systems - 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 Versus Systems to buy it.
The correlation of Versus Systems 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 Versus Systems moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Versus Systems 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 Versus Systems 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Versus Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. For more information on how to buy Versus Stock please use our How to Invest in Versus Systems guide.You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
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When running Versus Systems' price analysis, check to measure Versus Systems' 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 Versus Systems is operating at the current time. Most of Versus Systems' value examination focuses on studying past and present price action to predict the probability of Versus Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Versus Systems' price. Additionally, you may evaluate how the addition of Versus Systems to your portfolios can decrease your overall portfolio volatility.
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Is Versus Systems' 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 Versus Systems. If investors know Versus 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 Versus Systems listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (10.44) | Revenue Per Share 0.297 | Quarterly Revenue Growth (0.84) | Return On Assets (0.67) | Return On Equity (2.26) |
The market value of Versus Systems is measured differently than its book value, which is the value of Versus that is recorded on the company's balance sheet. Investors also form their own opinion of Versus Systems' value that differs from its market value or its book value, called intrinsic value, which is Versus Systems' 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 Versus Systems' market value can be influenced by many factors that don't directly affect Versus Systems' 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 Versus Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Versus Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Versus Systems' 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.