Versus Common Stock Total Equity vs Common Stock Shares Outstanding Analysis

VS Stock  USD 1.45  0.03  2.03%   
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 Total Equity and its Common Stock Shares Outstanding 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 Total Equity vs Common Stock Shares Outstanding

Common Stock Total Equity vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Versus Systems Common Stock Total Equity account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Versus Systems' Common Stock Total Equity and Common Stock Shares Outstanding is 0.45. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Common Stock Shares Outstanding 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 Total Equity and Common Stock Shares Outstanding 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 Total Equity of Versus Systems are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Common Stock Total Equity i.e., Versus Systems' Common Stock Total Equity and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.45
Relationship DirectionPositive 
Relationship StrengthWeak

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
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 Development699.5K1.1M802.2K
Reconciled Depreciation3.2M2.5M2.9M

Versus Systems fundamental ratios Correlations

0.530.720.930.180.08-0.490.540.390.93-0.40.390.340.410.720.27-0.310.530.680.470.470.90.640.030.790.23
0.530.650.560.520.23-0.580.80.570.33-0.470.570.640.450.670.73-0.620.820.720.630.310.370.680.190.18-0.21
0.720.650.560.450.48-0.370.770.170.69-0.110.170.780.460.650.59-0.070.830.610.290.350.540.550.240.460.11
0.930.560.560.0-0.22-0.680.370.650.75-0.50.650.210.380.810.15-0.60.350.730.70.540.930.81-0.020.690.26
0.180.520.450.00.680.070.6-0.180.250.15-0.180.470.230.080.690.090.720.53-0.11-0.040.0-0.050.170.20.05
0.080.230.48-0.220.680.370.61-0.660.340.32-0.660.350.1-0.10.750.530.710.07-0.58-0.26-0.09-0.40.240.11-0.06
-0.49-0.58-0.37-0.680.070.37-0.18-0.76-0.230.23-0.76-0.17-0.66-0.79-0.180.63-0.21-0.65-0.76-0.8-0.48-0.840.42-0.11-0.04
0.540.80.770.370.60.61-0.180.130.51-0.210.130.780.420.350.72-0.130.950.410.230.110.270.320.250.32-0.21
0.390.570.170.65-0.18-0.66-0.760.130.03-0.611.00.260.260.63-0.1-0.890.050.50.990.460.410.9-0.030.1-0.06
0.930.330.690.750.250.34-0.230.510.03-0.190.030.230.330.530.320.010.530.540.110.330.830.330.030.820.28
-0.4-0.47-0.11-0.50.150.320.23-0.21-0.61-0.19-0.61-0.110.14-0.49-0.10.7-0.13-0.3-0.60.0-0.4-0.55-0.41-0.080.42
0.390.570.170.65-0.18-0.66-0.760.131.00.03-0.610.260.260.63-0.1-0.890.050.50.990.460.410.9-0.030.1-0.06
0.340.640.780.210.470.35-0.170.780.260.23-0.110.260.30.280.42-0.110.740.320.370.10.10.440.380.17-0.09
0.410.450.460.380.230.1-0.660.420.260.330.140.260.30.450.33-0.090.410.420.30.890.260.4-0.60.1-0.1
0.720.670.650.810.08-0.1-0.790.350.630.53-0.490.630.280.450.43-0.620.440.830.660.60.730.87-0.010.260.01
0.270.730.590.150.690.75-0.180.72-0.10.32-0.1-0.10.420.330.43-0.10.870.52-0.040.060.150.140.190.01-0.21
-0.31-0.62-0.07-0.60.090.530.63-0.13-0.890.010.7-0.89-0.11-0.09-0.62-0.1-0.11-0.56-0.87-0.27-0.43-0.78-0.17-0.070.05
0.530.820.830.350.720.71-0.210.950.050.53-0.130.050.740.410.440.87-0.110.560.150.120.30.310.280.3-0.11
0.680.720.610.730.530.07-0.650.410.50.54-0.30.50.320.420.830.52-0.560.560.550.50.690.70.040.440.27
0.470.630.290.7-0.11-0.58-0.760.230.990.11-0.60.990.370.30.66-0.04-0.870.150.550.470.450.930.020.17-0.04
0.470.310.350.54-0.04-0.26-0.80.110.460.330.00.460.10.890.60.06-0.270.120.50.470.450.58-0.60.160.05
0.90.370.540.930.0-0.09-0.480.270.410.83-0.40.410.10.260.730.15-0.430.30.690.450.450.630.120.790.45
0.640.680.550.81-0.05-0.4-0.840.320.90.33-0.550.90.440.40.870.14-0.780.310.70.930.580.630.040.260.03
0.030.190.24-0.020.170.240.420.25-0.030.03-0.41-0.030.38-0.6-0.010.19-0.170.280.040.02-0.60.120.040.160.05
0.790.180.460.690.20.11-0.110.320.10.82-0.080.10.170.10.260.01-0.070.30.440.170.160.790.260.160.64
0.23-0.210.110.260.05-0.06-0.04-0.21-0.060.280.42-0.06-0.09-0.10.01-0.210.05-0.110.27-0.040.050.450.030.050.64
Click cells to compare fundamentals

Versus Systems Account Relationship Matchups

Versus Systems fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.1M5.6M18.5M8.8M4.9M5.0M
Short Long Term Debt Total4.5M5.3M3.2M2.7M3.1M3.3M
Total Current Liabilities998.1K4.0M3.4M3.3M321.5K305.4K
Total Stockholder Equity2.4M4.8M22.6M11.9M11.9M12.5M
Property Plant And Equipment Net726.5K490.9K326.9K172.8K1.9K1.8K
Net Debt4.5M2.9M1.5M1.6M(4.7M)(4.5M)
Retained Earnings(81.5M)(89.6M)(101.0M)(125.2M)(135.4M)(128.7M)
Accounts Payable342.2K561.6K386.0K138.3K82.6K78.5K
Cash75.9K2.3M1.7M1.2M4.7M4.9M
Non Current Assets Total3.0M2.4M16.2M7.3M10.6K10.1K
Non Currrent Assets Other108.2K109.2K109.1K108.5K8.7K8.2K
Cash And Short Term Investments75.9K2.3M1.7M1.2M4.7M4.9M
Net Receivables34.0K473.6K123.6K60.7K18.2K17.3K
Common Stock Shares Outstanding468.8K648.3K952.8K1.7M912.7K958.4K
Liabilities And Stockholders Equity3.1M5.6M18.5M8.8M4.9M5.0M
Total Liab5.3M6.8M4.5M3.3M321.5K305.4K
Property Plant And Equipment Gross949.0K625.9K1.1M1.2M773.5K734.8K
Total Current Assets131.4K3.2M2.4M1.5M4.9M5.1M
Common Stock76.2M85.3M110.3M122.4M147.1M75.3M
Other Current Assets21.6K18.6K377.9K223.2K160.5K98.8K
Accumulated Other Comprehensive Income7.5M9.0M10.7M14.7M248.3K235.9K
Other Current Liab404.5K924.3K446.4K383.7K203.8K303.1K
Inventory(0.81)1.0174.8K0.760.260.25
Net Tangible Assets336.0K3.8M6.8M4.8M5.5M5.8M
Intangible Assets2.1M1.8M9.2M7.1M8.1M4.7M
Property Plant Equipment949.0K625.9K326.9K172.8K198.8K348.3K
Net Invested Capital8.0M12.0M25.4M14.5M11.9M13.5M
Net Working Capital(1.1M)(1.0M)(1.0M)(1.9M)4.5M4.8M
Capital Stock76.2M85.3M110.3M122.4M147.1M111.6M

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

  0.8U Unity SoftwarePairCorr
  0.76AI C3 Ai Inc Financial Report 29th of May 2024 PairCorr

Moving against Versus Stock

  0.64ML MoneyLionPairCorr
  0.51DOCU DocuSign Financial Report 13th of June 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.
Pair CorrelationCorrelation Matching
When determining whether Versus Systems is a strong investment it is important to analyze Versus Systems' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Versus Systems' future performance. For an informed investment choice regarding Versus Stock, refer to the following important reports:
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 Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

Complementary Tools for Versus Stock analysis

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.
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
CEOs Directory
Screen CEOs from public companies around the world
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
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.