Acme Net Income vs Dividend Yield Analysis
ACU Stock | USD 43.01 0.25 0.58% |
Acme United financial indicator trend analysis is way more than just evaluating Acme United prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Acme United is a good investment. Please check the relationship between Acme United Net Income and its Dividend Yield accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Acme United. 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 more information on how to buy Acme Stock please use our How to Invest in Acme United guide.
Net Income vs Dividend Yield
Net Income vs Dividend Yield Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Acme United Net Income account and Dividend Yield. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Acme United's Net Income and Dividend Yield is -0.48. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Dividend Yield in the same time period over historical financial statements of Acme United, assuming nothing else is changed. The correlation between historical values of Acme United's Net Income and Dividend Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Acme United are associated (or correlated) with its Dividend Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividend Yield has no effect on the direction of Net Income i.e., Acme United's Net Income and Dividend Yield go up and down completely randomly.
Correlation Coefficient | -0.48 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Acme United financial statement analysis. It represents the amount of money remaining after all of Acme United operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Dividend Yield
Dividend Yield is Acme United dividend as a percentage of Acme United stock price. Acme United dividend yield is a measure of Acme United stock productivity, which can be interpreted as interest rate earned on an Acme United investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Most indicators from Acme United's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Acme United 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 Acme United. 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 more information on how to buy Acme Stock please use our How to Invest in Acme United guide.At this time, Acme United's Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.22 in 2024, whereas Tax Provision is likely to drop slightly above 1.2 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 922K | 2.4M | 3.1M | 3.3M | Depreciation And Amortization | 4.0M | 4.6M | 5.1M | 5.3M |
Acme United fundamental ratios Correlations
Click cells to compare fundamentals
Acme United Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Acme United fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 110.7M | 129.9M | 144.4M | 164.4M | 152.6M | 160.2M | |
Short Long Term Debt Total | 39.7M | 48.0M | 48.5M | 63.8M | 25.9M | 20.8M | |
Other Current Liab | 8.6M | 11.5M | 9.9M | (295.2M) | 12.4M | 13.0M | |
Total Current Liabilities | 16.6M | 20.2M | 20.2M | 22.1M | 26.0M | 27.3M | |
Total Stockholder Equity | 55.7M | 62.7M | 77.1M | 79.0M | 97.9M | 102.8M | |
Property Plant And Equipment Net | 17.0M | 22.7M | 27.2M | 29.0M | 30.0M | 31.5M | |
Net Debt | 32.9M | 43.8M | 43.7M | 57.7M | 20.4M | 17.4M | |
Retained Earnings | 51.6M | 58.0M | 69.9M | 71.0M | 86.7M | 91.1M | |
Cash | 6.8M | 4.2M | 4.8M | 6.1M | 5.5M | 3.6M | |
Non Current Assets Total | 37.6M | 46.2M | 49.2M | 58.8M | 60.6M | 63.6M | |
Cash And Short Term Investments | 6.8M | 4.2M | 4.8M | 6.1M | 5.5M | 3.5M | |
Net Receivables | 25.5M | 27.2M | 34.2M | 32.6M | 26.2M | 14.1M | |
Common Stock Shares Outstanding | 3.5M | 3.5M | 4.0M | 3.7M | 3.7M | 3.8M | |
Liabilities And Stockholders Equity | 110.7M | 129.9M | 144.4M | 164.4M | 152.6M | 160.2M | |
Non Current Liabilities Total | 38.4M | 47.0M | 47.1M | 63.2M | 28.7M | 19.7M | |
Inventory | 39.3M | 50.7M | 53.6M | 63.3M | 55.5M | 58.2M | |
Other Current Assets | 1.6M | 1.6M | 2.6M | 3.6M | 4.8M | 5.0M | |
Other Stockholder Equity | (6.0M) | (6.6M) | (4.1M) | (2.5M) | (77.8K) | (73.9K) | |
Total Liab | 55.0M | 67.2M | 67.4M | 85.3M | 54.7M | 31.5M | |
Property Plant And Equipment Gross | 17.0M | 39.2M | 27.2M | 50.1M | 56.6M | 59.4M | |
Total Current Assets | 73.1M | 83.7M | 95.3M | 105.6M | 92.0M | 96.6M | |
Accumulated Other Comprehensive Income | (2.0M) | (826.0K) | (1.4M) | (2.1M) | (1.7M) | (1.8M) | |
Short Term Debt | 1.3M | 1.1M | 1.4M | 1.5M | 1.5M | 1.4M | |
Intangible Assets | 15.8M | 18.7M | 17.2M | 20.8M | 19.0M | 20.0M | |
Non Currrent Assets Other | 89K | (110.2M) | (599.3K) | (305.3M) | 899.3M | 944.3M | |
Accounts Payable | 6.7M | 7.6M | 9.0M | 10.5M | 12.1M | 12.7M | |
Other Liab | 81.6K | 110.2K | 629K | 927.7K | 835.0K | 542.6K | |
Other Assets | 202.3K | 88.8K | 0.0 | 750K | 675K | 756.5K | |
Long Term Debt | 33.2M | 45.2M | 44.7M | 60.6M | 23.4M | 23.8M | |
Property Plant Equipment | 14.0M | 22.7M | 27.2M | 29.0M | 33.4M | 35.1M | |
Net Tangible Assets | 35.2M | 39.2M | 55.1M | 50.1M | 57.6M | 36.9M | |
Retained Earnings Total Equity | 47.5M | 51.6M | 58.0M | 71.0M | 81.6M | 46.7M | |
Long Term Debt Total | 33.2M | 45.2M | 44.7M | 61.5M | 70.8M | 38.8M | |
Capital Surpluse | 8.3M | 7.9M | 11.9M | 13.4M | 15.5M | 9.4M |
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 Acme United 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, Acme United's short interest history, or implied volatility extrapolated from Acme United options trading.
Pair Trading with Acme United
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 Acme United 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 Acme United will appreciate offsetting losses from the drop in the long position's value.Moving together with Acme Stock
0.61 | FA | First Advantage Corp Financial Report 8th of May 2024 | PairCorr |
Moving against Acme Stock
0.75 | LZ | LegalZoom Financial Report 14th of May 2024 | PairCorr |
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0.57 | WM | Waste Management Earnings Call This Week | PairCorr |
0.57 | VSEC | VSE Corporation Financial Report 6th of May 2024 | PairCorr |
0.47 | WLDN | Willdan Group Financial Report 2nd of May 2024 | PairCorr |
The ability to find closely correlated positions to Acme United could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Acme United 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 Acme United - 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 Acme United to buy it.
The correlation of Acme United 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 Acme United moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Acme United 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 Acme United 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 Acme United. 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 more information on how to buy Acme Stock please use our How to Invest in Acme United guide.Note that the Acme United information on this page should be used as a complementary analysis to other Acme United'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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
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When running Acme United's price analysis, check to measure Acme United'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 Acme United is operating at the current time. Most of Acme United's value examination focuses on studying past and present price action to predict the probability of Acme United's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Acme United's price. Additionally, you may evaluate how the addition of Acme United to your portfolios can decrease your overall portfolio volatility.
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Is Acme United'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 Acme United. If investors know Acme 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 Acme United 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 30.991 | Dividend Share 0.57 | Earnings Share 4.86 | Revenue Per Share 53.61 | Quarterly Revenue Growth (0.05) |
The market value of Acme United is measured differently than its book value, which is the value of Acme that is recorded on the company's balance sheet. Investors also form their own opinion of Acme United's value that differs from its market value or its book value, called intrinsic value, which is Acme United'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 Acme United's market value can be influenced by many factors that don't directly affect Acme United'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 Acme United's value and its price as these two are different measures arrived at by different means. Investors typically determine if Acme United is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Acme United'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.