Associated Operating Income vs Selling General Administrative Analysis
AC Stock | USD 32.33 0.04 0.12% |
Associated Capital financial indicator trend analysis is way more than just evaluating Associated Capital prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Associated Capital is a good investment. Please check the relationship between Associated Capital Operating Income and its Selling General Administrative accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Associated Capital Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Operating Income vs Selling General Administrative
Operating Income vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Associated Capital Operating Income account and Selling General Administrative. At this time, the significance of the direction appears to have strong relationship.
The correlation between Associated Capital's Operating Income and Selling General Administrative is 0.66. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Associated Capital Group, assuming nothing else is changed. The correlation between historical values of Associated Capital's Operating Income and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Associated Capital Group are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Operating Income i.e., Associated Capital's Operating Income and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | 0.66 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Operating Income
Operating Income is the amount of profit realized from Associated Capital operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Associated Capital Group is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Selling General Administrative
Most indicators from Associated Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Associated Capital current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Associated Capital Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. At present, Associated Capital's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 17.95, whereas Discontinued Operations is forecasted to decline to (597.2 K).
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 15.5M | 7.6M | 23.8M | 14.6M | Cost Of Revenue | 24.5M | 18.9M | 5.8M | 5.5M |
Associated Capital fundamental ratios Correlations
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Associated Capital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Associated Capital fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 22.5M | 22.4M | 22.1M | 22.0M | 21.8M | 19.0M | |
Total Assets | 1.0B | 1.2B | 1.2B | 927.7M | 943.8M | 1.0B | |
Other Current Liab | 38.4M | 42.3M | 38.0M | 16.6M | 20.3M | 28.9M | |
Total Current Liabilities | 53.3M | 48.8M | 47.3M | 24.4M | 24.8M | 41.1M | |
Total Stockholder Equity | 897.3M | 901.4M | 935.3M | 890.2M | 907.0M | 902.0M | |
Other Liab | 22.0M | 28.9M | 25.9M | 14.9M | 13.4M | 20.6M | |
Net Debt | (348.6M) | (384.0M) | (380.0M) | (404.5M) | (325.4M) | (341.6M) | |
Accounts Payable | 14.9M | 6.5M | 9.3M | 7.8M | 4.5M | 4.2M | |
Cash | 348.6M | 384.0M | 380.0M | 404.5M | 325.4M | 355.0M | |
Non Current Assets Total | 615.7M | 575.6M | 587.3M | 494.5M | 492.8M | 580.3M | |
Non Currrent Assets Other | 10.6M | 28.9M | 21.7M | 18.7M | (91.1M) | (86.6M) | |
Other Assets | 8.5M | 1.1B | 636.1M | 1.8M | 614.3M | 645.0M | |
Cash And Short Term Investments | 348.6M | 384.0M | 380.0M | 404.5M | 325.4M | 355.0M | |
Net Receivables | 54.2M | 40.0M | 60.9M | 28.7M | 36.5M | 41.2M | |
Short Term Investments | 29.0M | 344.5M | 61.0M | 186.0M | 89.2M | 93.6M | |
Liabilities And Stockholders Equity | 1.0B | 1.2B | 1.2B | 927.7M | 943.8M | 1.0B | |
Non Current Liabilities Total | 16.4M | 17.6M | 18.2M | 2.9M | 5.9M | 11.5M | |
Inventory | (29.0M) | (344.5M) | (61.0M) | (186.0M) | (89.2M) | (84.7M) | |
Other Stockholder Equity | 898.0M | 887.7M | 866.9M | 875.0M | 858.7M | 886.2M | |
Total Liab | 69.7M | 66.3M | 65.5M | 27.3M | 30.7M | 49.5M | |
Total Current Assets | 402.8M | 599.0M | 616.0M | 433.2M | 451.0M | 455.6M | |
Net Tangible Assets | 892.9M | 895.4M | 935.3M | 896.9M | 1.0B | 928.2M | |
Retained Earnings | (701K) | 13.6M | 68.4M | 15.1M | 48.2M | 50.6M | |
Long Term Investments | 605.0M | 544.5M | 562.1M | 472.3M | 466.3M | 534.1M | |
Short Term Debt | 16.3M | 17.6M | 12.9M | 2.9M | 2.6M | 2.5M | |
Property Plant And Equipment Net | (5.5M) | (3.5M) | (8.6M) | 16.9M | 16.5M | 17.3M | |
Warrants | 50.4M | 206.8M | 202.5M | 10.2M | 11.7M | 11.1M | |
Retained Earnings Total Equity | (701K) | 13.6M | 68.4M | 15.1M | 17.4M | 9.1M | |
Capital Surpluse | 1.0B | 1.0B | 999.0M | 990.1M | 899.1M | 801.6M | |
Other Current Assets | (379.1M) | (76.3M) | (379.9M) | (247.2M) | (361.8M) | (343.7M) | |
Treasury Stock | (106.3M) | (113.8M) | (121.4M) | (124.0M) | (111.6M) | (117.2M) | |
Non Current Liabilities Other | 16.4M | 17.6M | 12.9M | 2.9M | 5.9M | 8.7M | |
Property Plant Equipment | 6.6M | 17.5M | 17.2M | 16.9M | 19.4M | 20.3M |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Associated Capital in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Associated Capital's short interest history, or implied volatility extrapolated from Associated Capital options trading.
Pair Trading with Associated Capital
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 Associated Capital 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 Associated Capital will appreciate offsetting losses from the drop in the long position's value.Moving against Associated Stock
0.73 | HHGCU | HHG Capital Corp | PairCorr |
0.72 | BREZW | Breeze Holdings Acqu | PairCorr |
0.69 | DPCS | DP Cap Acquisition | PairCorr |
0.69 | DSAQ | Direct Selling Acqui | PairCorr |
0.68 | BREZR | Breeze Holdings Acqu | PairCorr |
The ability to find closely correlated positions to Associated Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Associated Capital 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 Associated Capital - 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 Associated Capital Group to buy it.
The correlation of Associated Capital 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 Associated Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Associated Capital 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 Associated Capital 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Associated Capital Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Associated Capital information on this page should be used as a complementary analysis to other Associated Capital's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
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When running Associated Capital's price analysis, check to measure Associated Capital'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 Associated Capital is operating at the current time. Most of Associated Capital's value examination focuses on studying past and present price action to predict the probability of Associated Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Associated Capital's price. Additionally, you may evaluate how the addition of Associated Capital to your portfolios can decrease your overall portfolio volatility.
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Is Associated Capital's industry 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 Associated Capital. If investors know Associated 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 Associated Capital 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 0.214 | Dividend Share 0.2 | Earnings Share 1.72 | Revenue Per Share 0.583 | Quarterly Revenue Growth (0.25) |
The market value of Associated Capital is measured differently than its book value, which is the value of Associated that is recorded on the company's balance sheet. Investors also form their own opinion of Associated Capital's value that differs from its market value or its book value, called intrinsic value, which is Associated Capital'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 Associated Capital's market value can be influenced by many factors that don't directly affect Associated Capital'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 Associated Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Associated Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Associated Capital'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.