Accord Financial Corp Stock Revenue
| ACD Stock | CAD 4.66 0.06 1.27% |
Accord Financial Corp fundamentals help investors to digest information that contributes to Accord Financial's financial success or failures. It also enables traders to predict the movement of Accord Stock. The fundamental analysis module provides a way to measure Accord Financial's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Accord Financial stock.
| Last Reported | Projected for Next Year | ||
| Total Revenue | 44.4 M | 31.7 M |
Accord | Revenue |
Accord Financial Corp Company Revenue Analysis
Accord Financial's Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Current Accord Financial Revenue | 44.41 M |
Most of Accord Financial's fundamental indicators, such as Revenue, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Accord Financial Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Historical and Projected quarterly revenue of Accord
Projected quarterly revenue analysis of Accord Financial Corp provides investors and stakeholders with an insight into the company's performance and growth prospects. When actual revenues of Accord Financial match or exceed analyst estimates, it positively influences investor confidence and market perception, often leading to a rise in Accord Financial's stock price.
Accord Revenue Driver Correlations
Understanding the fundamental principles of building solid financial models for Accord Financial is extremely important. It helps to project a fair market value of Accord Stock properly, considering its historical fundamentals such as Revenue. Since Accord Financial's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Accord Financial's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Accord Financial's interrelated accounts and indicators.
Click cells to compare fundamentals
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
| Competition |
Accord Current Deferred Revenue
Current Deferred Revenue |
|
Based on the latest financial disclosure, Accord Financial Corp reported 44.41 M of revenue. This is 99.6% lower than that of the Consumer Finance sector and 99.21% lower than that of the Financials industry. The revenue for all Canada stocks is 99.53% higher than that of the company.
Accord Revenue Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Accord Financial's direct or indirect competition against its Revenue to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Accord Financial could also be used in its relative valuation, which is a method of valuing Accord Financial by comparing valuation metrics of similar companies.Accord Financial is currently under evaluation in revenue category among related companies.
Accord Financial Current Valuation Drivers
We derive many important indicators used in calculating different scores of Accord Financial from analyzing Accord Financial's financial statements. These drivers represent accounts that assess Accord Financial's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Accord Financial's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 85.2M | 57.4M | 71.9M | 65.9M | 39.5M | 48.4M | |
| Enterprise Value | 375.9M | 326.3M | 456.0M | 422.3M | 443.8M | 466.0M |
Accord Fundamentals
| Return On Equity | -0.16 | ||||
| Return On Asset | -0.0306 | ||||
| Profit Margin | (0.51) % | ||||
| Operating Margin | (0.27) % | ||||
| Current Valuation | 453.29 M | ||||
| Shares Outstanding | 8.56 M | ||||
| Shares Owned By Insiders | 26.17 % | ||||
| Number Of Shares Shorted | 25 | ||||
| Price To Earning | 43.64 X | ||||
| Price To Book | 0.49 X | ||||
| Price To Sales | 1.44 X | ||||
| Revenue | 44.41 M | ||||
| Gross Profit | 64.55 M | ||||
| EBITDA | 32.69 M | ||||
| Net Income | (14.62 M) | ||||
| Cash And Equivalents | 14.73 M | ||||
| Cash Per Share | 1.72 X | ||||
| Total Debt | 371.78 M | ||||
| Debt To Equity | 2.54 % | ||||
| Current Ratio | 1.52 X | ||||
| Book Value Per Share | 9.80 X | ||||
| Cash Flow From Operations | (51.12 M) | ||||
| Short Ratio | 0.14 X | ||||
| Earnings Per Share | (1.71) X | ||||
| Target Price | 8.6 | ||||
| Beta | 1.49 | ||||
| Market Capitalization | 40.4 M | ||||
| Total Asset | 513.48 M | ||||
| Retained Earnings | 65.61 M | ||||
| Annual Yield | 0.06 % | ||||
| Five Year Return | 4.14 % | ||||
| Net Asset | 513.48 M | ||||
| Last Dividend Paid | 0.23 |
About Accord Financial Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Accord Financial Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Accord Financial using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Accord Financial Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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 Accord Financial 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, Accord Financial's short interest history, or implied volatility extrapolated from Accord Financial options trading.
Pair Trading with Accord Financial
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 Accord Financial 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 Accord Financial will appreciate offsetting losses from the drop in the long position's value.Moving against Accord Stock
| 0.49 | ESI | Ensign Energy Services | PairCorr |
| 0.41 | DF | Dividend 15 Split | PairCorr |
The ability to find closely correlated positions to Accord Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Accord Financial 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 Accord Financial - 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 Accord Financial Corp to buy it.
The correlation of Accord Financial 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 Accord Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Accord Financial Corp 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 Accord Financial 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 Accord Financial Corp. 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. Note that the Accord Financial Corp information on this page should be used as a complementary analysis to other Accord Financial'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 Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Complementary Tools for Accord Stock analysis
When running Accord Financial's price analysis, check to measure Accord Financial'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 Accord Financial is operating at the current time. Most of Accord Financial's value examination focuses on studying past and present price action to predict the probability of Accord Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Accord Financial's price. Additionally, you may evaluate how the addition of Accord Financial to your portfolios can decrease your overall portfolio volatility.
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios |