AccoladeInc Gross Profit vs Net Income From Continuing Ops Analysis
| ACCD Stock | USD 7.29 0.17 2.39% |
AccoladeInc financial indicator trend analysis is way more than just evaluating AccoladeInc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AccoladeInc is a good investment. Please check the relationship between AccoladeInc Gross Profit and its Net Income From Continuing Ops accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AccoladeInc. 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. For information on how to trade AccoladeInc Stock refer to our How to Trade AccoladeInc Stock guide.
Gross Profit vs Net Income From Continuing Ops
Gross Profit vs Net Income From Continuing Ops Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AccoladeInc Gross Profit account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between AccoladeInc's Gross Profit and Net Income From Continuing Ops is -0.67. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of AccoladeInc, assuming nothing else is changed. The correlation between historical values of AccoladeInc's Gross Profit and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of AccoladeInc are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Gross Profit i.e., AccoladeInc's Gross Profit and Net Income From Continuing Ops go up and down completely randomly.
Correlation Coefficient | -0.67 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of AccoladeInc minus its cost of goods sold. It is profit before AccoladeInc operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Net Income From Continuing Ops
Most indicators from AccoladeInc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AccoladeInc 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 AccoladeInc. 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. For information on how to trade AccoladeInc Stock refer to our How to Trade AccoladeInc Stock guide.At present, AccoladeInc's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting.
| 2023 | 2024 (projected) | Depreciation And Amortization | 50.6M | 27.2M | Interest Income | 229.5K | 218.0K |
AccoladeInc fundamental ratios Correlations
Click cells to compare fundamentals
AccoladeInc Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 AccoladeInc 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, AccoladeInc's short interest history, or implied volatility extrapolated from AccoladeInc options trading.
Pair Trading with AccoladeInc
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 AccoladeInc 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 AccoladeInc will appreciate offsetting losses from the drop in the long position's value.Moving together with AccoladeInc Stock
| 0.83 | DH | Definitive Healthcare | PairCorr |
Moving against AccoladeInc Stock
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The ability to find closely correlated positions to AccoladeInc could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AccoladeInc 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 AccoladeInc - 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 AccoladeInc to buy it.
The correlation of AccoladeInc 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 AccoladeInc moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AccoladeInc 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 AccoladeInc 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 AccoladeInc. 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. For information on how to trade AccoladeInc Stock refer to our How to Trade AccoladeInc Stock guide.Note that the AccoladeInc information on this page should be used as a complementary analysis to other AccoladeInc'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 Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Complementary Tools for AccoladeInc Stock analysis
When running AccoladeInc's price analysis, check to measure AccoladeInc'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 AccoladeInc is operating at the current time. Most of AccoladeInc's value examination focuses on studying past and present price action to predict the probability of AccoladeInc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AccoladeInc's price. Additionally, you may evaluate how the addition of AccoladeInc to your portfolios can decrease your overall portfolio volatility.
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Is AccoladeInc'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 AccoladeInc. If investors know AccoladeInc 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 AccoladeInc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.33) | Revenue Per Share 5.531 | Quarterly Revenue Growth 0.261 | Return On Assets (0.08) | Return On Equity (0.22) |
The market value of AccoladeInc is measured differently than its book value, which is the value of AccoladeInc that is recorded on the company's balance sheet. Investors also form their own opinion of AccoladeInc's value that differs from its market value or its book value, called intrinsic value, which is AccoladeInc'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 AccoladeInc's market value can be influenced by many factors that don't directly affect AccoladeInc'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 AccoladeInc's value and its price as these two are different measures arrived at by different means. Investors typically determine if AccoladeInc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AccoladeInc'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.