ACNB Interest Income vs Selling General Administrative Analysis

ACNB Stock  USD 33.50  0.37  1.12%   
ACNB financial indicator trend analysis is way more than just evaluating ACNB prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ACNB is a good investment. Please check the relationship between ACNB Interest Income and its Selling General Administrative accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ACNB Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Interest Income vs Selling General Administrative

Interest Income vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ACNB Interest Income account and Selling General Administrative. At this time, the significance of the direction appears to have very strong relationship.
The correlation between ACNB's Interest Income and Selling General Administrative is 0.88. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of ACNB Corporation, assuming nothing else is changed. The correlation between historical values of ACNB's Interest 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 Interest Income of ACNB Corporation 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 Interest Income i.e., ACNB's Interest Income and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Selling General Administrative

Most indicators from ACNB's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ACNB 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 ACNB Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
At present, ACNB's Selling General Administrative 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 420.03, whereas Tax Provision is forecasted to decline to about 6.6 M.
 2021 2022 2023 2024 (projected)
Gross Profit93.9M421K115.1M120.8M
Total Revenue93.9M421K115.1M120.8M

ACNB fundamental ratios Correlations

0.030.150.840.95-0.630.740.740.32-0.07-0.020.760.950.960.860.080.80.140.20.980.950.810.050.78-0.45-0.13
0.030.930.45-0.030.550.57-0.250.890.92-0.62-0.510.250.120.340.590.43-0.440.850.140.090.470.980.4-0.16-0.26
0.150.930.590.030.390.69-0.090.980.92-0.81-0.350.390.310.520.590.6-0.610.930.280.220.630.890.55-0.2-0.5
0.840.450.590.77-0.360.960.590.720.35-0.390.490.860.90.970.350.96-0.170.570.880.860.990.450.91-0.5-0.3
0.95-0.030.030.77-0.60.650.680.18-0.190.180.720.860.870.760.050.670.270.040.910.940.710.030.62-0.50.15
-0.630.550.39-0.36-0.6-0.15-0.950.270.52-0.21-0.95-0.42-0.58-0.450.6-0.36-0.310.29-0.54-0.59-0.350.55-0.320.140.09
0.740.570.690.960.65-0.150.40.810.49-0.460.320.80.810.910.570.95-0.240.670.80.740.960.570.92-0.49-0.38
0.74-0.25-0.090.590.68-0.950.40.03-0.250.00.910.580.720.65-0.470.590.18-0.010.670.710.58-0.260.52-0.23-0.2
0.320.890.980.720.180.270.810.030.87-0.78-0.190.520.460.650.620.73-0.560.930.440.360.760.840.7-0.25-0.53
-0.070.920.920.35-0.190.520.49-0.250.87-0.74-0.50.170.060.260.520.38-0.550.880.05-0.050.390.880.370.02-0.43
-0.02-0.62-0.81-0.390.18-0.21-0.460.0-0.78-0.740.25-0.25-0.25-0.39-0.34-0.460.9-0.75-0.15-0.11-0.46-0.5-0.440.060.72
0.76-0.51-0.350.490.72-0.950.320.91-0.19-0.50.250.540.690.56-0.390.490.36-0.240.670.670.46-0.490.48-0.21-0.09
0.950.250.390.860.86-0.420.80.580.520.17-0.250.540.950.870.240.83-0.070.410.980.920.850.250.81-0.43-0.24
0.960.120.310.90.87-0.580.810.720.460.06-0.250.690.950.940.140.87-0.080.330.980.950.890.10.85-0.47-0.28
0.860.340.520.970.76-0.450.910.650.650.26-0.390.560.870.940.250.94-0.190.530.910.870.980.310.91-0.48-0.34
0.080.590.590.350.050.60.57-0.470.620.52-0.34-0.390.240.140.250.4-0.280.50.180.060.350.610.43-0.22-0.25
0.80.430.60.960.67-0.360.950.590.730.38-0.460.490.830.870.940.4-0.180.610.850.770.970.410.95-0.46-0.52
0.14-0.44-0.61-0.170.27-0.31-0.240.18-0.56-0.550.90.36-0.07-0.08-0.19-0.28-0.18-0.510.020.0-0.22-0.32-0.2-0.020.43
0.20.850.930.570.040.290.67-0.010.930.88-0.75-0.240.410.330.530.50.61-0.510.320.210.630.80.62-0.06-0.53
0.980.140.280.880.91-0.540.80.670.440.05-0.150.670.980.980.910.180.850.020.320.950.870.140.83-0.46-0.19
0.950.090.220.860.94-0.590.740.710.36-0.05-0.110.670.920.950.870.060.770.00.210.950.830.10.7-0.54-0.04
0.810.470.630.990.71-0.350.960.580.760.39-0.460.460.850.890.980.350.97-0.220.630.870.830.460.93-0.48-0.39
0.050.980.890.450.030.550.57-0.260.840.88-0.5-0.490.250.10.310.610.41-0.320.80.140.10.460.35-0.19-0.15
0.780.40.550.910.62-0.320.920.520.70.37-0.440.480.810.850.910.430.95-0.20.620.830.70.930.35-0.31-0.51
-0.45-0.16-0.2-0.5-0.50.14-0.49-0.23-0.250.020.06-0.21-0.43-0.47-0.48-0.22-0.46-0.02-0.06-0.46-0.54-0.48-0.19-0.310.06
-0.13-0.26-0.5-0.30.150.09-0.38-0.2-0.53-0.430.72-0.09-0.24-0.28-0.34-0.25-0.520.43-0.53-0.19-0.04-0.39-0.15-0.510.06
Click cells to compare fundamentals

ACNB Account Relationship Matchups

ACNB fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.7B2.6B2.8B2.5B2.4B1.3B
Short Long Term Debt Total69.8M56.9M38.0M24.2M254.8M267.5M
Total Current Liabilities750K41.6M38.5M45.1M1.6B1.7B
Total Stockholder Equity189.5M258.0M272.1M245.0M277.5M291.3M
Property Plant And Equipment Net29.2M36.2M34.3M30.2M28.9M17.2M
Net Debt(44.6M)(342.5M)(672.2M)(144.0M)188.8M198.3M
Retained Earnings138.7M148.4M167.2M193.9M213.5M224.2M
Cash114.4M399.4M710.1M168.2M66.0M75.6M
Non Current Assets Total266.9M437.1M529.9M706.1M2.4B2.5B
Non Currrent Assets Other(7.9M)(11.4M)(10.5M)(25.4M)2.2B2.3B
Other Assets1.1B1.4B1.1B1.1B1.00.95
Cash And Short Term Investments305.2M737.1M1.1B721.7M(21.4M)(20.4M)
Common Stock Total Equity17.9M21.9M22.0M22.1M25.4M16.9M
Common Stock Shares Outstanding7.1M8.6M8.7M8.6M8.5M7.1M
Liabilities And Stockholders Equity1.7B2.6B2.8B2.5B2.4B1.3B
Other Stockholder Equity38.9M93.3M92.4M87.1M86.6M91.0M
Total Liab1.5B56.9M38.0M2.3B2.1B2.3B
Property Plant And Equipment Gross29.2M36.2M61.0M55.7M56.2M59.0M
Total Current Assets305.2M737.1M1.1B721.7M66.4M63.1M
Short Term Debt750K41.6M38.5M45.1M137.7M144.6M
Common Stock17.9M21.9M22.0M22.1M22.2M17.2M
Accumulated Other Comprehensive Income(5.9M)(5.6M)(9.5M)(58.0M)(44.9M)(42.7M)
Other Liab15.2M19.7M18.6M15.4M17.7M11.1M
Accounts Payable1.4B2.2B2.4B2.2B2.5B2.7B
Long Term Debt65.5M53.7M34.7M21M195.3M205.1M
Short Term Investments190.8M337.7M437.1M553.6M451.7M474.3M
Inventory436K155K364K474K426.6K405.3K
Property Plant Equipment29.2M33.0M1.1M3.4M3.9M3.7M
Non Current Liabilities Total69.8M56.9M38.0M2.2B535.8M562.6M
Intangible Assets4.4M7.3M6.1M10.3M9.1M5.5M
Other Current Assets114.7M399.4M711.2M172.0M66.4M63.1M
Other Current Liab(750K)38.5M2.4B2.2B1.5B1.2B
Net Tangible Assets165.5M208.6M272.1M190.5M219.1M157.2M
Capital Surpluse39.6M94.0M94.7M96.0M110.4M115.9M
Long Term Investments213.7M2.0B437.1M553.6M518.2M704.6M
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 ACNB 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, ACNB's short interest history, or implied volatility extrapolated from ACNB options trading.

Pair Trading with ACNB

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 ACNB 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 ACNB will appreciate offsetting losses from the drop in the long position's value.

Moving together with ACNB Stock

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Moving against ACNB Stock

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  0.52CFG-PD Citizens FinancialPairCorr
  0.46NU Nu Holdings Aggressive PushPairCorr
The ability to find closely correlated positions to ACNB could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ACNB 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 ACNB - 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 ACNB Corporation to buy it.
The correlation of ACNB 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 ACNB moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ACNB 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 ACNB 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.
Pair CorrelationCorrelation Matching
When determining whether ACNB offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ACNB's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Acnb Corporation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Acnb Corporation Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ACNB Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

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Is ACNB'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 ACNB. If investors know ACNB 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 ACNB 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
(0.25)
Dividend Share
1.16
Earnings Share
3.45
Revenue Per Share
12.28
Quarterly Revenue Growth
(0.06)
The market value of ACNB is measured differently than its book value, which is the value of ACNB that is recorded on the company's balance sheet. Investors also form their own opinion of ACNB's value that differs from its market value or its book value, called intrinsic value, which is ACNB'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 ACNB's market value can be influenced by many factors that don't directly affect ACNB'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 ACNB's value and its price as these two are different measures arrived at by different means. Investors typically determine if ACNB is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ACNB'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.