Vox Non Current Assets Total from 2010 to 2024
VOXR Stock | USD 2.27 0.03 1.30% |
Non Current Assets Total | First Reported 2010-12-31 | Previous Quarter 39.4 M | Current Value 24 M | Quarterly Volatility 12.3 M |
Check Vox Royalty financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Vox Royalty's main balance sheet or income statement drivers, such as EBIT of 3.2 M, Net Income Applicable To Common Shares of 396.3 K or Net Interest Income of 418.9 K, as well as many indicators such as Price To Sales Ratio of 7.49, Dividend Yield of 0.0217 or PTB Ratio of 2.23. Vox financial statements analysis is a perfect complement when working with Vox Royalty Valuation or Volatility modules.
Vox | Non Current Assets Total |
Latest Vox Royalty's Non Current Assets Total Growth Pattern
Below is the plot of the Non Current Assets Total of Vox Royalty Corp over the last few years. It is the total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets. Vox Royalty's Non Current Assets Total historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Vox Royalty's overall financial position and show how it may be relating to other accounts over time.
Non Current Assets Total | 10 Years Trend |
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Non Current Assets Total |
Timeline |
Vox Non Current Assets Total Regression Statistics
Arithmetic Mean | 11,240,827 | |
Geometric Mean | 7,152,874 | |
Coefficient Of Variation | 109.49 | |
Mean Deviation | 9,742,339 | |
Median | 3,934,073 | |
Standard Deviation | 12,307,516 | |
Sample Variance | 151.5T | |
Range | 35.5M | |
R-Value | 0.77 | |
Mean Square Error | 66.5T | |
R-Squared | 0.59 | |
Significance | 0.0008 | |
Slope | 2,118,056 | |
Total Sum of Squares | 2120.6T |
Vox Non Current Assets Total History
About Vox Royalty Financial Statements
Vox Royalty shareholders use historical fundamental indicators, such as Non Current Assets Total, to determine how well the company is positioned to perform in the future. Although Vox Royalty investors may analyze each financial statement separately, they are all interrelated. The changes in Vox Royalty's assets and liabilities, for example, are also reflected in the revenues and expenses on on Vox Royalty'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 | ||
Non Current Assets Total | 39.4 M | 24 M |
Pair Trading with Vox Royalty
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 Vox Royalty 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 Vox Royalty will appreciate offsetting losses from the drop in the long position's value.Moving together with Vox Stock
Moving against Vox Stock
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The ability to find closely correlated positions to Vox Royalty could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vox Royalty 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 Vox Royalty - 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 Vox Royalty Corp to buy it.
The correlation of Vox Royalty 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 Vox Royalty moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vox Royalty 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 Vox Royalty 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 Vox Stock Analysis
When running Vox Royalty's price analysis, check to measure Vox Royalty'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 Vox Royalty is operating at the current time. Most of Vox Royalty's value examination focuses on studying past and present price action to predict the probability of Vox Royalty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vox Royalty's price. Additionally, you may evaluate how the addition of Vox Royalty to your portfolios can decrease your overall portfolio volatility.