Applied Property Plant Equipment vs Intangible Assets Analysis
AAOI Stock | USD 10.85 0.19 1.78% |
Applied Opt financial indicator trend analysis is way more than just evaluating Applied Opt prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Applied Opt is a good investment. Please check the relationship between Applied Opt Property Plant Equipment and its Intangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Applied Opt. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. For more detail on how to invest in Applied Stock please use our How to Invest in Applied Opt guide.
Property Plant Equipment vs Intangible Assets
Property Plant Equipment vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Applied Opt Property Plant Equipment account and Intangible Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Applied Opt's Property Plant Equipment and Intangible Assets is 0.95. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Applied Opt, assuming nothing else is changed. The correlation between historical values of Applied Opt's Property Plant Equipment and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Applied Opt are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Property Plant Equipment i.e., Applied Opt's Property Plant Equipment and Intangible Assets go up and down completely randomly.
Correlation Coefficient | 0.95 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Property Plant Equipment
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Most indicators from Applied Opt's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Applied Opt 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 Applied Opt. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. For more detail on how to invest in Applied Stock please use our How to Invest in Applied Opt guide.The Applied Opt's current Enterprise Value is estimated to increase to about 727.5 M, while Selling General Administrative is projected to decrease to under 31.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 37.7M | 33.6M | 58.9M | 58.2M | Total Revenue | 211.6M | 222.8M | 217.6M | 199.5M |
Applied Opt fundamental ratios Correlations
Click cells to compare fundamentals
Applied Opt Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Applied Opt fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 20.0M | 21.9M | 26.9M | 27.8M | 31.9M | 20.0M | |
Total Assets | 466.8M | 480.8M | 454.5M | 408.3M | 389.2M | 349.4M | |
Short Long Term Debt Total | 134.3M | 154.9M | 142.6M | 150.0M | 121.1M | 89.5M | |
Other Current Liab | 17.6M | 18.2M | 15.4M | 17.2M | 18.5M | 14.8M | |
Total Current Liabilities | 91.4M | 103.1M | 109.0M | 138.6M | 93.4M | 81.3M | |
Total Stockholder Equity | 273.8M | 277.9M | 254.6M | 184.7M | 214.9M | 210.8M | |
Property Plant And Equipment Net | 256.3M | 260.8M | 250.2M | 215.8M | 205.3M | 170.9M | |
Current Deferred Revenue | 312K | 303K | 195K | 3M | 1.8M | 1.9M | |
Net Debt | 67.2M | 111.5M | 101.5M | 114.4M | 75.7M | 45.6M | |
Retained Earnings | (30.1M) | (88.5M) | (142.7M) | (209.1M) | (265.1M) | (251.9M) | |
Accounts Payable | 32.8M | 29.5M | 34.4M | 47.8M | 32.9M | 31.8M | |
Cash | 67.0M | 43.4M | 41.1M | 35.6M | 45.4M | 43.9M | |
Non Current Assets Total | 274.0M | 271.6M | 260.4M | 225.1M | 216.6M | 184.8M | |
Non Currrent Assets Other | 724K | 982K | 518K | 386K | 2.6M | 2.6M | |
Other Assets | 8.0M | 14.7M | 518K | 386K | 443.9K | 421.7K | |
Long Term Debt | 93.6M | 77.9M | 83.7M | 79.5M | 76.2M | 53.3M | |
Cash And Short Term Investments | 67.0M | 43.4M | 41.1M | 35.6M | 45.4M | 46.6M | |
Net Receivables | 34.7M | 43.4M | 56.1M | 61.5M | 48.3M | 43.7M | |
Good Will | 4.8M | 9.8M | 9.7M | 9.9M | 11.3M | 5.8M | |
Liabilities And Stockholders Equity | 466.8M | 480.8M | 454.5M | 408.3M | 389.2M | 349.4M | |
Non Current Liabilities Total | 101.7M | 99.8M | 90.9M | 85.0M | 81.0M | 57.4M | |
Inventory | 85.0M | 110.4M | 92.5M | 79.7M | 63.9M | 67.4M | |
Other Current Assets | 5.9M | 5.2M | 4.3M | 6.4M | 5.3M | 5.2M | |
Other Stockholder Equity | 303.4M | 354.7M | 381.1M | 391.5M | 479.0M | 298.8M | |
Total Liab | 193.0M | 202.9M | 199.9M | 223.6M | 174.3M | 138.7M | |
Property Plant And Equipment Gross | 256.3M | 260.8M | 250.2M | 215.8M | 399.4M | 419.4M | |
Total Current Assets | 192.8M | 209.2M | 194.1M | 183.2M | 172.6M | 164.6M | |
Accumulated Other Comprehensive Income | 430K | 11.7M | 16.1M | 2.2M | 975K | 926.3K | |
Short Term Debt | 40.7M | 55.2M | 59.0M | 70.5M | 40.1M | 34.0M | |
Intangible Assets | 9.7M | 9.9M | 9.7M | 8.9M | 8.7M | 6.8M | |
Property Plant Equipment | 248.4M | 253.0M | 250.2M | 215.8M | 248.1M | 164.9M | |
Net Tangible Assets | 264.1M | 268.0M | 244.9M | 175.7M | 202.1M | 237.1M | |
Retained Earnings Total Equity | 38.1M | 36.0M | (30.1M) | (88.5M) | (101.8M) | (96.7M) | |
Long Term Debt Total | 49M | 60.3M | 93.6M | 77.9M | 89.5M | 56.4M | |
Capital Surpluse | 285.4M | 292.5M | 303.4M | 354.7M | 407.9M | 295.2M | |
Short Long Term Debt | 39.7M | 54.1M | 57.9M | 69.4M | 39.0M | 33.8M |
Applied Opt Implied Volatility | 92.58 |
Applied Opt's implied volatility exposes the market's sentiment of Applied Opt stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Applied Opt's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Applied Opt stock will not fluctuate a lot when Applied Opt's options are near their expiration.
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 Applied Opt 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, Applied Opt's short interest history, or implied volatility extrapolated from Applied Opt options trading.
Pair Trading with Applied Opt
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 Applied Opt 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 Applied Opt will appreciate offsetting losses from the drop in the long position's value.Moving together with Applied Stock
0.79 | UI | Ubiquiti Networks Earnings Call This Week | PairCorr |
Moving against Applied Stock
0.74 | VRME | VerifyMe Financial Report 9th of May 2024 | PairCorr |
0.65 | NSYS | Nortech Systems rporated | PairCorr |
0.63 | IDN | Intellicheck Mobilisa Financial Report 14th of May 2024 | PairCorr |
0.63 | DAIO | Data IO | PairCorr |
0.62 | NEWP | New Pacific Metals Financial Report 13th of May 2024 | PairCorr |
The ability to find closely correlated positions to Applied Opt could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Applied Opt 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 Applied Opt - 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 Applied Opt to buy it.
The correlation of Applied Opt 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 Applied Opt moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Applied Opt 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 Applied Opt 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 Applied Opt. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. For more detail on how to invest in Applied Stock please use our How to Invest in Applied Opt guide.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Complementary Tools for Applied Stock analysis
When running Applied Opt's price analysis, check to measure Applied Opt'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 Applied Opt is operating at the current time. Most of Applied Opt's value examination focuses on studying past and present price action to predict the probability of Applied Opt's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Applied Opt's price. Additionally, you may evaluate how the addition of Applied Opt to your portfolios can decrease your overall portfolio volatility.
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Is Applied Opt'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 Applied Opt. If investors know Applied 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 Applied Opt listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.75) | Revenue Per Share 6.813 | Quarterly Revenue Growth (0.02) | Return On Assets (0.06) | Return On Equity (0.28) |
The market value of Applied Opt is measured differently than its book value, which is the value of Applied that is recorded on the company's balance sheet. Investors also form their own opinion of Applied Opt's value that differs from its market value or its book value, called intrinsic value, which is Applied Opt'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 Applied Opt's market value can be influenced by many factors that don't directly affect Applied Opt'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 Applied Opt's value and its price as these two are different measures arrived at by different means. Investors typically determine if Applied Opt is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Applied Opt'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.