Vision Net Working Capital from 2010 to 2024
| VMAR Stock | USD 3.37 0.38 12.71% |
Net Working Capital | First Reported 2010-12-31 | Previous Quarter 4.2 M | Current Value 5.7 M | Quarterly Volatility 5.3 M |
Check Vision Marine financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Vision Marine's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.3 M, Interest Expense of 115.8 K or Selling General Administrative of 7.2 M, as well as many indicators such as Price To Sales Ratio of 1.2 K, Dividend Yield of 0.0 or PTB Ratio of 514. Vision financial statements analysis is a perfect complement when working with Vision Marine Valuation or Volatility modules.
Vision | Net Working Capital |
Latest Vision Marine's Net Working Capital Growth Pattern
Below is the plot of the Net Working Capital of Vision Marine Technologies over the last few years. It is Vision Marine's Net Working Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Vision Marine's overall financial position and show how it may be relating to other accounts over time.
| Net Working Capital | 10 Years Trend |
|
Net Working Capital |
| Timeline |
Vision Net Working Capital Regression Statistics
| Arithmetic Mean | 2,588,217 | |
| Coefficient Of Variation | 203.13 | |
| Mean Deviation | 3,724,953 | |
| Median | (311,996) | |
| Standard Deviation | 5,257,437 | |
| Sample Variance | 27.6T | |
| Range | 18.9M | |
| R-Value | 0.56 | |
| Mean Square Error | 20.5T | |
| R-Squared | 0.31 | |
| Significance | 0.03 | |
| Slope | 656,124 | |
| Total Sum of Squares | 387T |
Vision Net Working Capital History
About Vision Marine Financial Statements
Vision Marine shareholders use historical fundamental indicators, such as Net Working Capital, to determine how well the company is positioned to perform in the future. Although Vision Marine investors may analyze each financial statement separately, they are all interrelated. The changes in Vision Marine's assets and liabilities, for example, are also reflected in the revenues and expenses on on Vision Marine's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Net Working Capital | 4.2 M | 5.7 M |
Pair Trading with Vision Marine
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 Vision Marine 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 Vision Marine will appreciate offsetting losses from the drop in the long position's value.Moving against Vision Stock
| 0.92 | VOXX | VOXX International | PairCorr |
| 0.82 | RL | Ralph Lauren Corp | PairCorr |
| 0.81 | AS | Amer Sports, Sell-off Trend | PairCorr |
| 0.79 | VNCE | Vince Holding Corp | PairCorr |
| 0.75 | BZH | Beazer Homes USA Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Vision Marine could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vision Marine 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 Vision Marine - 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 Vision Marine Technologies to buy it.
The correlation of Vision Marine 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 Vision Marine moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vision Marine Techno 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 Vision Marine 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 Tools for Vision Stock Analysis
When running Vision Marine's price analysis, check to measure Vision Marine'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 Vision Marine is operating at the current time. Most of Vision Marine's value examination focuses on studying past and present price action to predict the probability of Vision Marine's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vision Marine's price. Additionally, you may evaluate how the addition of Vision Marine to your portfolios can decrease your overall portfolio volatility.