MicroAlgo Net Debt from 2010 to 2024
| MLGO Stock | 0.23 0 1.00% |
Net Debt | First Reported 2010-12-31 | Previous Quarter -42.8 M | Current Value -45 M | Quarterly Volatility 20.4 M |
Check MicroAlgo financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MicroAlgo's main balance sheet or income statement drivers, such as Selling General Administrative of 21.1 M, Other Operating Expenses of 64.6 M or Total Operating Expenses of 45.4 M, as well as many indicators such as Price To Sales Ratio of 0.44, Dividend Yield of 0.0 or PTB Ratio of 0.79. MicroAlgo financial statements analysis is a perfect complement when working with MicroAlgo Valuation or Volatility modules.
MicroAlgo | Net Debt |
Latest MicroAlgo's Net Debt Growth Pattern
Below is the plot of the Net Debt of MicroAlgo over the last few years. It is the total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. MicroAlgo's Net Debt historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in MicroAlgo's overall financial position and show how it may be relating to other accounts over time.
| Net Debt | 10 Years Trend |
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Net Debt |
| Timeline |
MicroAlgo Net Debt Regression Statistics
| Arithmetic Mean | (13,829,299) | |
| Coefficient Of Variation | (147.38) | |
| Mean Deviation | 18,467,990 | |
| Median | 21,693 | |
| Standard Deviation | 20,381,171 | |
| Sample Variance | 415.4T | |
| Range | 45M | |
| R-Value | (0.83) | |
| Mean Square Error | 139T | |
| R-Squared | 0.69 | |
| Significance | 0.0001 | |
| Slope | (3,783,953) | |
| Total Sum of Squares | 5815.5T |
MicroAlgo Net Debt History
Other Fundumenentals of MicroAlgo
MicroAlgo Net Debt component correlations
Click cells to compare fundamentals
About MicroAlgo Financial Statements
MicroAlgo investors utilize fundamental indicators, such as Net Debt, to predict how MicroAlgo Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Net Debt | -42.8 M | -45 M | |
| Net Debt To EBITDA | 2.43 | 2.55 |
Pair Trading with MicroAlgo
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 MicroAlgo 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 MicroAlgo will appreciate offsetting losses from the drop in the long position's value.Moving against MicroAlgo Stock
| 0.67 | CETXP | Cemtrex Pref | PairCorr |
| 0.66 | VRNS | Varonis Systems | PairCorr |
| 0.59 | S | SentinelOne | PairCorr |
| 0.48 | VERI | Veritone | PairCorr |
| 0.42 | JG | Aurora Mobile Trending | PairCorr |
The ability to find closely correlated positions to MicroAlgo could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MicroAlgo 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 MicroAlgo - 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 MicroAlgo to buy it.
The correlation of MicroAlgo 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 MicroAlgo moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MicroAlgo 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 MicroAlgo 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.Additional Information and Resources on Investing in MicroAlgo Stock
When determining whether MicroAlgo offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MicroAlgo's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Microalgo Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Microalgo Stock:Check out the analysis of MicroAlgo Correlation against competitors. To learn how to invest in MicroAlgo Stock, please use our How to Invest in MicroAlgo guide.You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Application Software space 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 MicroAlgo. If investors know MicroAlgo 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 MicroAlgo 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 (0.90) | Earnings Share (7.03) | Revenue Per Share 79.717 | Quarterly Revenue Growth 0.081 | Return On Assets (0.11) |
The market value of MicroAlgo is measured differently than its book value, which is the value of MicroAlgo that is recorded on the company's balance sheet. Investors also form their own opinion of MicroAlgo's value that differs from its market value or its book value, called intrinsic value, which is MicroAlgo'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 MicroAlgo's market value can be influenced by many factors that don't directly affect MicroAlgo'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 MicroAlgo's value and its price as these two are different measures arrived at by different means. Investors typically determine if MicroAlgo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MicroAlgo'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.