VERSES Accounts Payable from 2010 to 2026
| VERS Stock | 2.56 0.14 5.79% |
Accounts Payable | First Reported 2010-12-31 | Previous Quarter 2.3 M | Current Value 1.8 M | Quarterly Volatility 760.6 K |
Check VERSES AI financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among VERSES AI's main balance sheet or income statement drivers, such as Tax Provision of 0.0, Interest Income of 108.5 K or Interest Expense of 2.4 M, as well as many indicators such as . VERSES financial statements analysis is a perfect complement when working with VERSES AI Valuation or Volatility modules.
VERSES | Accounts Payable |
Latest VERSES AI's Accounts Payable Growth Pattern
Below is the plot of the Accounts Payable of VERSES AI over the last few years. An accounting item on the balance sheet that represents VERSES AI obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of VERSES AI are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. It is the amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities. VERSES AI's Accounts Payable historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in VERSES AI's overall financial position and show how it may be relating to other accounts over time.
| Accounts Payable | 10 Years Trend |
|
Accounts Payable |
| Timeline |
VERSES Accounts Payable Regression Statistics
| Arithmetic Mean | 976,977 | |
| Geometric Mean | 787,047 | |
| Coefficient Of Variation | 77.85 | |
| Mean Deviation | 617,570 | |
| Median | 539,532 | |
| Standard Deviation | 760,590 | |
| Sample Variance | 578.5B | |
| Range | 2.2M | |
| R-Value | 0.74 | |
| Mean Square Error | 279.9B | |
| R-Squared | 0.55 | |
| Significance | 0.0007 | |
| Slope | 111,330 | |
| Total Sum of Squares | 9.3T |
VERSES Accounts Payable History
About VERSES AI Financial Statements
VERSES AI stakeholders use historical fundamental indicators, such as VERSES AI's Accounts Payable, to determine how well the company is positioned to perform in the future. Although VERSES AI investors may analyze each financial statement separately, they are all interrelated. For example, changes in VERSES AI's assets and liabilities are reflected in the revenues and expenses on VERSES AI's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in VERSES AI. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Accounts Payable | 2.3 M | 1.8 M |
Pair Trading with VERSES AI
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 VERSES AI 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 VERSES AI will appreciate offsetting losses from the drop in the long position's value.Moving together with VERSES Stock
Moving against VERSES Stock
| 0.96 | POW | Power | PairCorr |
| 0.85 | ROCK | Rockridge Resources | PairCorr |
| 0.85 | ISRG | Intuitive Surgical CDR | PairCorr |
| 0.79 | PTEC | Principal Technologies | PairCorr |
| 0.66 | ELD | Eldorado Gold Corp | PairCorr |
The ability to find closely correlated positions to VERSES AI could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace VERSES AI 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 VERSES AI - 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 VERSES AI to buy it.
The correlation of VERSES AI 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 VERSES AI moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if VERSES AI 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 VERSES AI 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.Other Information on Investing in VERSES Stock
VERSES AI financial ratios help investors to determine whether VERSES Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in VERSES with respect to the benefits of owning VERSES AI security.