Extreme Selling General Administrative vs Research Development Analysis

EXTR Stock  USD 11.55  0.05  0.43%   
Extreme Networks financial indicator trend analysis is much more than just examining Extreme Networks latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Extreme Networks is a good investment. Please check the relationship between Extreme Networks Selling General Administrative and its Research Development accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Extreme Networks. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
To learn how to invest in Extreme Stock, please use our How to Invest in Extreme Networks guide.

Selling General Administrative vs Research Development

Selling General Administrative vs Research Development Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Extreme Networks Selling General Administrative account and Research Development. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Extreme Networks' Selling General Administrative and Research Development is 0.91. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Research Development in the same time period over historical financial statements of Extreme Networks, assuming nothing else is changed. The correlation between historical values of Extreme Networks' Selling General Administrative and Research Development is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Extreme Networks are associated (or correlated) with its Research Development. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Research Development has no effect on the direction of Selling General Administrative i.e., Extreme Networks' Selling General Administrative and Research Development go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Selling General Administrative

Research Development

Most indicators from Extreme Networks' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Extreme Networks 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Extreme Networks. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
To learn how to invest in Extreme Stock, please use our How to Invest in Extreme Networks guide.At this time, Extreme Networks' Selling General Administrative is relatively stable compared to the past year. As of 04/30/2024, Tax Provision is likely to grow to about 19.4 M, while Enterprise Value is likely to drop slightly above 1.1 B.
 2021 2022 2023 2024 (projected)
Gross Profit629.9M754.7M867.9M911.3M
Total Revenue1.1B1.3B1.5B1.6B

Extreme Networks fundamental ratios Correlations

0.750.930.99-0.080.840.55-0.660.940.960.990.930.870.90.790.950.830.930.640.990.840.860.6-0.530.970.97
0.750.640.65-0.370.920.86-0.670.530.730.820.770.820.560.670.870.380.60.610.790.920.750.72-0.360.640.63
0.930.640.94-0.190.830.54-0.670.890.880.890.940.780.960.740.890.830.830.620.940.830.860.33-0.70.890.89
0.990.650.94-0.060.780.46-0.620.960.950.960.920.840.910.770.910.870.940.620.980.770.850.54-0.580.980.99
-0.08-0.37-0.19-0.06-0.32-0.64-0.070.07-0.1-0.18-0.23-0.060.030.18-0.340.13-0.040.24-0.21-0.32-0.070.110.53-0.09-0.08
0.840.920.830.78-0.320.8-0.740.690.780.870.90.840.770.770.910.60.660.70.861.00.880.57-0.520.740.73
0.550.860.540.46-0.640.8-0.490.310.460.640.590.480.420.350.750.240.360.320.620.80.480.42-0.410.430.43
-0.66-0.67-0.67-0.62-0.07-0.74-0.49-0.5-0.66-0.64-0.71-0.71-0.67-0.9-0.64-0.54-0.44-0.93-0.64-0.74-0.71-0.510.47-0.5-0.56
0.940.530.890.960.070.690.31-0.50.880.90.870.750.910.70.830.880.930.530.910.690.80.45-0.50.970.94
0.960.730.880.95-0.10.780.46-0.660.880.940.910.920.820.780.920.750.910.640.960.780.830.61-0.530.940.95
0.990.820.890.96-0.180.870.64-0.640.90.940.920.860.840.750.980.780.910.60.990.870.830.65-0.530.950.95
0.930.770.940.92-0.230.90.59-0.710.870.910.920.880.870.790.930.760.830.670.950.90.910.52-0.670.90.89
0.870.820.780.84-0.060.840.48-0.710.750.920.860.880.730.860.850.610.790.760.860.840.920.75-0.380.820.82
0.90.560.960.910.030.770.42-0.670.910.820.840.870.730.770.810.840.80.660.880.770.850.33-0.580.850.84
0.790.670.740.770.180.770.35-0.90.70.780.750.790.860.770.690.690.640.970.750.770.880.64-0.430.680.73
0.950.870.890.91-0.340.910.75-0.640.830.920.980.930.850.810.690.690.860.560.980.910.820.59-0.580.910.9
0.830.380.830.870.130.60.24-0.540.880.750.780.760.610.840.690.690.760.580.80.60.710.29-0.510.830.86
0.930.60.830.94-0.040.660.36-0.440.930.910.910.830.790.80.640.860.760.450.920.650.760.57-0.510.970.96
0.640.610.620.620.240.70.32-0.930.530.640.60.670.760.660.970.560.580.450.60.70.790.57-0.350.50.56
0.990.790.940.98-0.210.860.62-0.640.910.960.990.950.860.880.750.980.80.920.60.860.850.58-0.590.960.96
0.840.920.830.77-0.321.00.8-0.740.690.780.870.90.840.770.770.910.60.650.70.860.880.57-0.520.740.72
0.860.750.860.85-0.070.880.48-0.710.80.830.830.910.920.850.880.820.710.760.790.850.880.6-0.510.810.81
0.60.720.330.540.110.570.42-0.510.450.610.650.520.750.330.640.590.290.570.570.580.570.60.060.540.57
-0.53-0.36-0.7-0.580.53-0.52-0.410.47-0.5-0.53-0.53-0.67-0.38-0.58-0.43-0.58-0.51-0.51-0.35-0.59-0.52-0.510.06-0.54-0.56
0.970.640.890.98-0.090.740.43-0.50.970.940.950.90.820.850.680.910.830.970.50.960.740.810.54-0.540.98
0.970.630.890.99-0.080.730.43-0.560.940.950.950.890.820.840.730.90.860.960.560.960.720.810.57-0.560.98
Click cells to compare fundamentals

Extreme Networks Account Relationship Matchups

Extreme Networks fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets979.1M1.0B1.1B1.1B1.3B1.4B
Short Long Term Debt Total480.5M390.8M351.1M264.6M304.3M187.4M
Other Current Liab123.4M140.7M130.3M148.1M170.3M178.9M
Total Current Liabilities397.8M455.7M500.2M575.5M661.8M694.9M
Total Stockholder Equity5.4M54.5M90.3M116.8M105.1M143.7M
Property Plant And Equipment Net110.1M91.9M86.0M81.2M93.4M57.8M
Net Debt286.7M144.0M156.6M29.8M34.3M29.5M
Retained Earnings(980.3M)(978.3M)(934.1M)(856.0M)(770.4M)(808.9M)
Accounts Payable48.4M60.1M84.3M99.7M114.7M120.4M
Cash193.9M246.9M194.5M234.8M270.0M283.6M
Non Current Assets Total564.9M522.5M579.4M565.5M650.4M682.9M
Non Currrent Assets Other55.2M63.4M53.0M73.5M66.2M57.0M
Cash And Short Term Investments193.9M246.9M194.5M234.8M270.0M171.5M
Net Receivables122.7M156.5M184.1M182.0M209.4M219.8M
Common Stock Shares Outstanding119.8M127.7M133.5M133.6M153.7M114.1M
Liabilities And Stockholders Equity979.1M1.0B1.1B1.1B1.3B1.4B
Non Current Liabilities Total575.9M499.9M478.0M449.5M516.9M542.7M
Inventory62.6M32.9M49.2M89.0M102.4M107.5M
Other Current Assets35.0M51.3M61.2M70.3M80.8M84.8M
Other Stockholder Equity991.9M1.0B1.0B985.8M1.1B819.2M
Total Liab973.7M955.6M978.2M1.0B1.2B1.2B
Property Plant And Equipment Gross110.1M91.9M86.0M81.2M93.4M57.6M
Total Current Assets414.2M487.6M489.1M576.2M662.6M334.0M
Accumulated Other Comprehensive Income(6.4M)(2.8M)(3.1M)(13.2M)(11.9M)(11.3M)
Short Term Debt35.7M42.5M47.3M45.2M40.7M26.1M
Other Liab131.0M151.5M174.2M230.0M264.5M277.7M
Current Deferred Revenue190.2M212.4M238.3M282.5M324.8M341.1M
Other Assets55.2M63.4M60.7M73.5M66.2M69.5M
Common Stock Total Equity127K133K140K144K129.6K123.1K
Intangible Assets68.4M36.0M32.5M16.1M14.5M13.7M
Common Stock127K133K140K144K129.6K123.1K
Property Plant Equipment110.1M91.9M86.0M46.4M53.4M60.1M
Long Term Debt394.6M315.9M270.6M187.6M215.7M178.2M
Net Tangible Assets(394.2M)(312.7M)(342.3M)(262.2M)(236.0M)(224.2M)

Pair Trading with Extreme Networks

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

Moving together with Extreme Stock

  0.7LPL LG Display Financial Report 20th of May 2024 PairCorr

Moving against Extreme Stock

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The ability to find closely correlated positions to Extreme Networks could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Extreme Networks 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 Extreme Networks - 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 Extreme Networks to buy it.
The correlation of Extreme Networks 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 Extreme Networks moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Extreme Networks 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 Extreme Networks 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 Extreme Networks is a strong investment it is important to analyze Extreme Networks' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Extreme Networks' future performance. For an informed investment choice regarding Extreme Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Extreme Networks. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
To learn how to invest in Extreme Stock, please use our How to Invest in Extreme Networks guide.
You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

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When running Extreme Networks' price analysis, check to measure Extreme Networks' 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 Extreme Networks is operating at the current time. Most of Extreme Networks' value examination focuses on studying past and present price action to predict the probability of Extreme Networks' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Extreme Networks' price. Additionally, you may evaluate how the addition of Extreme Networks to your portfolios can decrease your overall portfolio volatility.
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Is Extreme Networks' 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 Extreme Networks. If investors know Extreme 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 Extreme Networks 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
(0.77)
Earnings Share
0.6
Revenue Per Share
10.456
Quarterly Revenue Growth
(0.07)
Return On Assets
0.0723
The market value of Extreme Networks is measured differently than its book value, which is the value of Extreme that is recorded on the company's balance sheet. Investors also form their own opinion of Extreme Networks' value that differs from its market value or its book value, called intrinsic value, which is Extreme Networks' 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 Extreme Networks' market value can be influenced by many factors that don't directly affect Extreme Networks' 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 Extreme Networks' value and its price as these two are different measures arrived at by different means. Investors typically determine if Extreme Networks is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Extreme Networks' 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.