Graphene Net Invested Capital vs Common Stock Analysis

GMG Stock

0.48 0.03 6.67%

Graphene Manufacturing financial indicator trend analysis is much more than just examining Graphene Manufacturing latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Graphene Manufacturing is a good investment. Please check the relationship between Graphene Manufacturing Net Invested Capital and its Common Stock accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Graphene Manufacturing Group. 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.

Net Invested Capital vs Common Stock

Net Invested Capital vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Graphene Manufacturing Net Invested Capital account and Common Stock. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Graphene Manufacturing's Net Invested Capital and Common Stock is 0.97. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Common Stock in the same time period over historical financial statements of Graphene Manufacturing Group, assuming nothing else is changed. The correlation between historical values of Graphene Manufacturing's Net Invested Capital and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Graphene Manufacturing Group are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Net Invested Capital i.e., Graphene Manufacturing's Net Invested Capital and Common Stock go up and down completely randomly.

Correlation Coefficient

0.97

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Common Stock

Most indicators from Graphene Manufacturing's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Graphene Manufacturing 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 Graphene Manufacturing Group. 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.

Issuance Of Capital Stock is likely to climb to about 4.9 M in 2024, whereas Selling General Administrative is likely to drop slightly above 7.4 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	43.7K	104.1K	119.7K	125.7K
Interest Income	1.8K	698.0	628.2	1.1K

Interest Expense Interest Income

Graphene Manufacturing fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Net Receivables	Common Stock Shares Outstanding	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Total Current Assets	Capital Stock	Net Working Capital	Intangible Assets	Common Stock	Property Plant Equipment	Other Liab
Total Assets		0.99	0.99	0.99	0.97	0.88	-0.96	0.91	0.86	0.85	0.36	0.92	0.92	-0.12	0.87	0.99	0.99	0.88	0.98	0.99	0.86	0.75	0.99	0.88	0.8
Other Current Liab	0.99		1.0	0.96	0.94	0.86	-0.97	0.96	0.86	0.84	0.32	0.9	0.97	0.04	0.87	1.0	0.96	0.87	0.97	0.99	0.82	0.75	0.99	0.86	0.79
Total Current Liabilities	0.99	1.0		0.96	0.93	0.87	-0.97	0.96	0.84	0.85	0.35	0.91	0.97	0.03	0.88	1.0	0.96	0.88	0.96	1.0	0.8	0.77	1.0	0.87	0.81
Total Stockholder Equity	0.99	0.96	0.96		0.99	0.86	-0.94	0.85	0.88	0.83	0.36	0.91	0.87	-0.21	0.85	0.97	1.0	0.86	0.98	0.97	0.89	0.72	0.97	0.86	0.76
Net Tangible Assets	0.97	0.94	0.93	0.99		0.81	-0.9	0.81	0.93	0.77	0.25	0.86	0.85	-0.2	0.79	0.94	0.99	0.81	0.99	0.93	0.95	0.64	0.93	0.81	0.67
Property Plant And Equipment Net	0.88	0.86	0.87	0.86	0.81		-0.95	0.84	0.64	1.0	0.72	0.94	0.8	-0.25	1.0	0.88	0.86	1.0	0.81	0.9	0.64	0.97	0.9	1.0	0.91
Retained Earnings	-0.96	-0.97	-0.97	-0.94	-0.9	-0.95		-0.93	-0.79	-0.93	-0.5	-0.91	-0.93	0.06	-0.95	-0.97	-0.94	-0.95	-0.92	-0.97	-0.76	-0.87	-0.97	-0.95	-0.85
Accounts Payable	0.91	0.96	0.96	0.85	0.81	0.84	-0.93		0.72	0.83	0.35	0.87	0.98	0.22	0.86	0.96	0.85	0.85	0.86	0.95	0.65	0.79	0.95	0.84	0.82
Cash	0.86	0.86	0.84	0.88	0.93	0.64	-0.79	0.72		0.58	-0.04	0.66	0.82	0.02	0.63	0.83	0.88	0.64	0.95	0.8	0.99	0.43	0.8	0.64	0.4
Non Current Assets Total	0.85	0.84	0.85	0.83	0.77	1.0	-0.93	0.83	0.58		0.76	0.93	0.78	-0.25	1.0	0.86	0.83	1.0	0.77	0.87	0.58	0.98	0.87	1.0	0.93
Net Receivables	0.36	0.32	0.35	0.36	0.25	0.72	-0.5	0.35	-0.04	0.76		0.62	0.22	-0.55	0.72	0.37	0.36	0.71	0.2	0.41	0.01	0.84	0.41	0.72	0.79
Common Stock Shares Outstanding	0.92	0.9	0.91	0.91	0.86	0.94	-0.91	0.87	0.66	0.93	0.62		0.83	-0.25	0.94	0.93	0.91	0.94	0.85	0.94	0.67	0.89	0.94	0.94	0.93
Inventory	0.92	0.97	0.97	0.87	0.85	0.8	-0.93	0.98	0.82	0.78	0.22	0.83		0.26	0.82	0.96	0.87	0.81	0.91	0.94	0.75	0.71	0.94	0.8	0.72
Other Current Assets	-0.12	0.04	0.03	-0.21	-0.2	-0.25	0.06	0.22	0.02	-0.25	-0.55	-0.25	0.26		-0.2	-0.02	-0.21	-0.23	-0.05	-0.05	-0.14	-0.23	-0.05	-0.25	-0.24
Other Stockholder Equity	0.87	0.87	0.88	0.85	0.79	1.0	-0.95	0.86	0.63	1.0	0.72	0.94	0.82	-0.2		0.89	0.85	1.0	0.8	0.9	0.62	0.97	0.9	1.0	0.92
Total Liab	0.99	1.0	1.0	0.97	0.94	0.88	-0.97	0.96	0.83	0.86	0.37	0.93	0.96	-0.02	0.89		0.97	0.89	0.96	1.0	0.81	0.78	1.0	0.88	0.82
Net Invested Capital	0.99	0.96	0.96	1.0	0.99	0.86	-0.94	0.85	0.88	0.83	0.36	0.91	0.87	-0.21	0.85	0.97		0.86	0.98	0.97	0.89	0.72	0.97	0.86	0.76
Property Plant And Equipment Gross	0.88	0.87	0.88	0.86	0.81	1.0	-0.95	0.85	0.64	1.0	0.71	0.94	0.81	-0.23	1.0	0.89	0.86		0.81	0.9	0.64	0.97	0.9	1.0	0.91
Total Current Assets	0.98	0.97	0.96	0.98	0.99	0.81	-0.92	0.86	0.95	0.77	0.2	0.85	0.91	-0.05	0.8	0.96	0.98	0.81		0.95	0.94	0.64	0.95	0.81	0.66
Capital Stock	0.99	0.99	1.0	0.97	0.93	0.9	-0.97	0.95	0.8	0.87	0.41	0.94	0.94	-0.05	0.9	1.0	0.97	0.9	0.95		0.78	0.8	1.0	0.9	0.85
Net Working Capital	0.86	0.82	0.8	0.89	0.95	0.64	-0.76	0.65	0.99	0.58	0.01	0.67	0.75	-0.14	0.62	0.81	0.89	0.64	0.94	0.78		0.42	0.78	0.64	0.4
Intangible Assets	0.75	0.75	0.77	0.72	0.64	0.97	-0.87	0.79	0.43	0.98	0.84	0.89	0.71	-0.23	0.97	0.78	0.72	0.97	0.64	0.8	0.42		0.8	0.97	0.95
Common Stock	0.99	0.99	1.0	0.97	0.93	0.9	-0.97	0.95	0.8	0.87	0.41	0.94	0.94	-0.05	0.9	1.0	0.97	0.9	0.95	1.0	0.78	0.8		0.9	0.85
Property Plant Equipment	0.88	0.86	0.87	0.86	0.81	1.0	-0.95	0.84	0.64	1.0	0.72	0.94	0.8	-0.25	1.0	0.88	0.86	1.0	0.81	0.9	0.64	0.97	0.9		0.91
Other Liab	0.8	0.79	0.81	0.76	0.67	0.91	-0.85	0.82	0.4	0.93	0.79	0.93	0.72	-0.24	0.92	0.82	0.76	0.91	0.66	0.85	0.4	0.95	0.85	0.91

Click cells to compare fundamentals

Graphene Manufacturing Account Relationship Matchups

Pair Trading with Graphene Manufacturing

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 Graphene Manufacturing 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 Graphene Manufacturing will appreciate offsetting losses from the drop in the long position's value.

Moving against Graphene Stock

0.91	EFN-PC	Element Fleet Management	Pair Corr
0.89	IE	Ivanhoe Energy	Pair Corr
0.86	FDY	Faraday Copper Corp	Pair Corr
0.83	GOOG	Alphabet CDR	Pair Corr
0.74	PYPL	PayPal Holdings CDR Earnings Call This Week	Pair Corr

The ability to find closely correlated positions to Graphene Manufacturing could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Graphene Manufacturing 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 Graphene Manufacturing - 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 Graphene Manufacturing Group to buy it.

The correlation of Graphene Manufacturing 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 Graphene Manufacturing moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Graphene Manufacturing 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 Graphene Manufacturing 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 Correlation Correlation Matching

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Graphene Manufacturing Group. 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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

Complementary Tools for Graphene Stock analysis

When running Graphene Manufacturing's price analysis, check to measure Graphene Manufacturing'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 Graphene Manufacturing is operating at the current time. Most of Graphene Manufacturing's value examination focuses on studying past and present price action to predict the probability of Graphene Manufacturing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Graphene Manufacturing's price. Additionally, you may evaluate how the addition of Graphene Manufacturing to your portfolios can decrease your overall portfolio volatility.

	Share Portfolio Track or share privately all of your investments from the convenience of any device
	Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges
	Equity Valuation Check real value of public entities based on technical and fundamental data
	Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities
	Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators
	Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios
	Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
	CEOs Directory Screen CEOs from public companies around the world
	Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments

Please note, there is a significant difference between Graphene Manufacturing's value and its price as these two are different measures arrived at by different means. Investors typically determine if Graphene Manufacturing is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Graphene Manufacturing'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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Graphene Net Invested Capital vs Common Stock Analysis

Net Invested Capital vs Common Stock

Net Invested Capital vs Common Stock Correlation Analysis

Correlation Coefficient

Net Invested Capital

Common Stock

Graphene Manufacturing fundamental ratios Correlations

Graphene Manufacturing Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Pair Trading with Graphene Manufacturing

Moving against Graphene Stock

Complementary Tools for Graphene Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Liabilities	+ 1.0	Other Current Liab
Total Liab	+ 1.0	Other Current Liab
Total Liab	+ 1.0	Total Current Liabilities
Capital Stock	+ 1.0	Total Current Liabilities
Common Stock	+ 1.0	Total Current Liabilities
Net Invested Capital	+ 1.0	Total Stockholder Equity

Common Stock	- 0.97	Retained Earnings
Capital Stock	- 0.97	Retained Earnings
Total Liab	- 0.97	Retained Earnings
Retained Earnings	- 0.97	Total Current Liabilities
Retained Earnings	- 0.97	Other Current Liab
Retained Earnings	- 0.96	Total Assets