Qualigen Change In Working Capital from 2010 to 2024
| QLGN Stock | USD 3.76 0.14 3.59% |
Change In Working Capital | First Reported 2016-03-31 | Previous Quarter 275.3 K | Current Value -700.8 K | Quarterly Volatility 4.5 M |
Check Qualigen Therapeutics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Qualigen Therapeutics' main balance sheet or income statement drivers, such as Interest Income of 86.2 K, Depreciation And Amortization of 4.3 K or Interest Expense of 1.6 M, as well as many indicators such as Price To Sales Ratio of 25.45, Dividend Yield of 0.0 or Days Sales Outstanding of 31.03. Qualigen financial statements analysis is a perfect complement when working with Qualigen Therapeutics Valuation or Volatility modules.
Qualigen | Change In Working Capital |
Latest Qualigen Therapeutics' Change In Working Capital Growth Pattern
Below is the plot of the Change In Working Capital of Qualigen Therapeutics over the last few years. It is the difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities. Qualigen Therapeutics' Change In Working Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Qualigen Therapeutics' overall financial position and show how it may be relating to other accounts over time.
| Change In Working Capital | 10 Years Trend |
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Change In Working Capital |
| Timeline |
Qualigen Change In Working Capital Regression Statistics
| Arithmetic Mean | 323,720 | |
| Coefficient Of Variation | 369.68 | |
| Mean Deviation | 899,605 | |
| Median | 431,722 | |
| Standard Deviation | 1,196,733 | |
| Sample Variance | 1.4T | |
| Range | 4.3M | |
| R-Value | 0 | |
| Mean Square Error | 1.5T | |
| R-Squared | 0.00000794 | |
| Significance | 0.99 | |
| Slope | 754.23 | |
| Total Sum of Squares | 20.1T |
Qualigen Change In Working Capital History
About Qualigen Therapeutics Financial Statements
Qualigen Therapeutics investors utilize fundamental indicators, such as Change In Working Capital, to predict how Qualigen 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 | ||
| Change In Working Capital | 1.1 M | 1.2 M |
Pair Trading with Qualigen Therapeutics
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 Qualigen Therapeutics 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 Qualigen Therapeutics will appreciate offsetting losses from the drop in the long position's value.Moving together with Qualigen Stock
Moving against Qualigen Stock
| 0.84 | BMY | Bristol Myers Squibb | PairCorr |
| 0.84 | GILD | Gilead Sciences | PairCorr |
| 0.66 | ESPR | Esperion Therapeutics | PairCorr |
| 0.43 | DYAI | Dyadic International | PairCorr |
The ability to find closely correlated positions to Qualigen Therapeutics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Qualigen Therapeutics 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 Qualigen Therapeutics - 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 Qualigen Therapeutics to buy it.
The correlation of Qualigen Therapeutics 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 Qualigen Therapeutics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Qualigen Therapeutics 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 Qualigen Therapeutics 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 the analysis of Qualigen Therapeutics Correlation against competitors. To learn how to invest in Qualigen Stock, please use our How to Invest in Qualigen Therapeutics guide.You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Biotechnology 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 Qualigen Therapeutics. If investors know Qualigen 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 Qualigen Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 3.5 K | Revenue Per Share 1.034 | Quarterly Revenue Growth 0.137 | Return On Assets (0.75) | Return On Equity (8.42) |
The market value of Qualigen Therapeutics is measured differently than its book value, which is the value of Qualigen that is recorded on the company's balance sheet. Investors also form their own opinion of Qualigen Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Qualigen Therapeutics' 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 Qualigen Therapeutics' market value can be influenced by many factors that don't directly affect Qualigen Therapeutics' 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 Qualigen Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Qualigen Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Qualigen Therapeutics' 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.