1st NRG Cash Flow from Operations vs. Current Asset
| FNRC Stock | USD 0.0001 0.00 0.00% |
For 1st NRG profitability analysis, we use financial ratios and fundamental drivers that measure the ability of 1st NRG to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well 1st NRG Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between 1st NRG's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of 1st NRG Corp over time as well as its relative position and ranking within its peers.
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1st NRG Corp Current Asset vs. Cash Flow from Operations Fundamental Analysis
1st Current Asset vs. Cash Flow from Operations
1st NRG | = | null |
Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
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| = | 194 K |
Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
1st Current Asset Comparison
1st NRG is currently under evaluation in current asset category among related companies.
Use 1st NRG in pair-trading
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 1st NRG 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 1st NRG will appreciate offsetting losses from the drop in the long position's value.1st NRG Pair Trading
1st NRG Corp Pair Trading Analysis
The ability to find closely correlated positions to 1st NRG could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace 1st NRG 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 1st NRG - 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 1st NRG Corp to buy it.
The correlation of 1st NRG 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 1st NRG moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if 1st NRG 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 1st NRG 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.Use Investing Themes to Complement your 1st NRG position
In addition to having 1st NRG in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Large Growth Funds Thematic Idea Now
Large Growth Funds
Funds or Etfs that invest in stocks of large-sized companies with above-average risk and growth rate. The Large Growth Funds theme has 44 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Large Growth Funds Theme or any other thematic opportunities.
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Check out Investing Opportunities. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Complementary Tools for 1st Pink Sheet analysis
When running 1st NRG's price analysis, check to measure 1st NRG'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 1st NRG is operating at the current time. Most of 1st NRG's value examination focuses on studying past and present price action to predict the probability of 1st NRG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 1st NRG's price. Additionally, you may evaluate how the addition of 1st NRG to your portfolios can decrease your overall portfolio volatility.
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To fully project 1st NRG's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of 1st NRG Corp at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include 1st NRG's income statement, its balance sheet, and the statement of cash flows.