Aetherium Gross Profit vs Total Operating Expenses Analysis
| GMFIU Stock | USD 11.20 0.00 0.00% |
Aetherium Acquisition financial indicator trend analysis is way more than just evaluating Aetherium Acquisition prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aetherium Acquisition is a good investment. Please check the relationship between Aetherium Acquisition Gross Profit and its Total Operating Expenses accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Aetherium Acquisition Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
Gross Profit vs Total Operating Expenses
Gross Profit vs Total Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aetherium Acquisition Gross Profit account and Total Operating Expenses. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Aetherium Acquisition's Gross Profit and Total Operating Expenses is -0.62. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of Aetherium Acquisition Corp, assuming nothing else is changed. The correlation between historical values of Aetherium Acquisition's Gross Profit and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Aetherium Acquisition Corp are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Gross Profit i.e., Aetherium Acquisition's Gross Profit and Total Operating Expenses go up and down completely randomly.
Correlation Coefficient | -0.62 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Aetherium Acquisition Corp minus its cost of goods sold. It is profit before Aetherium Acquisition operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Most indicators from Aetherium Acquisition's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aetherium Acquisition 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Aetherium Acquisition Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. Tax Provision is likely to drop to about 626.1 K in 2024. Issuance Of Capital Stock is likely to drop to 0.00 in 2024
| 2010 | 2023 | 2024 (projected) | Interest Expense | 1.2M | 1.1M | 951.8K | Tax Provision | 207.7K | 930.6K | 626.1K |
Aetherium Acquisition fundamental ratios Correlations
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Aetherium Acquisition Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Aetherium Acquisition
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 Aetherium Acquisition 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 Aetherium Acquisition will appreciate offsetting losses from the drop in the long position's value.Moving against Aetherium Stock
| 0.44 | GROW | US Global Investors Report 14th of June 2024 | PairCorr |
The ability to find closely correlated positions to Aetherium Acquisition could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aetherium Acquisition 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 Aetherium Acquisition - 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 Aetherium Acquisition Corp to buy it.
The correlation of Aetherium Acquisition 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 Aetherium Acquisition moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aetherium Acquisition 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 Aetherium Acquisition 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Aetherium Acquisition Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Complementary Tools for Aetherium Stock analysis
When running Aetherium Acquisition's price analysis, check to measure Aetherium Acquisition'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 Aetherium Acquisition is operating at the current time. Most of Aetherium Acquisition's value examination focuses on studying past and present price action to predict the probability of Aetherium Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aetherium Acquisition's price. Additionally, you may evaluate how the addition of Aetherium Acquisition to your portfolios can decrease your overall portfolio volatility.
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Is Aetherium Acquisition's 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 Aetherium Acquisition. If investors know Aetherium 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 Aetherium Acquisition listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.04) | Return On Assets (0.01) |
The market value of Aetherium Acquisition is measured differently than its book value, which is the value of Aetherium that is recorded on the company's balance sheet. Investors also form their own opinion of Aetherium Acquisition's value that differs from its market value or its book value, called intrinsic value, which is Aetherium Acquisition's 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 Aetherium Acquisition's market value can be influenced by many factors that don't directly affect Aetherium Acquisition's 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 Aetherium Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aetherium Acquisition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aetherium Acquisition'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.