Advantage Net Interest Income vs Non Operating Income Net Other Analysis

ADV Stock  USD 3.37  0.05  1.51%   
Advantage Solutions financial indicator trend analysis is way more than just evaluating Advantage Solutions prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Advantage Solutions is a good investment. Please check the relationship between Advantage Solutions Net Interest Income and its Non Operating Income Net Other accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Advantage Solutions. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
For more information on how to buy Advantage Stock please use our How to Invest in Advantage Solutions guide.

Net Interest Income vs Non Operating Income Net Other

Net Interest Income vs Non Operating Income Net Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Advantage Solutions Net Interest Income account and Non Operating Income Net Other. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Advantage Solutions' Net Interest Income and Non Operating Income Net Other is -0.37. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Non Operating Income Net Other in the same time period over historical financial statements of Advantage Solutions, assuming nothing else is changed. The correlation between historical values of Advantage Solutions' Net Interest Income and Non Operating Income Net Other 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 Interest Income of Advantage Solutions are associated (or correlated) with its Non Operating Income Net Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Operating Income Net Other has no effect on the direction of Net Interest Income i.e., Advantage Solutions' Net Interest Income and Non Operating Income Net Other go up and down completely randomly.

Correlation Coefficient

-0.37
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.

Non Operating Income Net Other

Most indicators from Advantage Solutions' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Advantage Solutions 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 Advantage Solutions. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
For more information on how to buy Advantage Stock please use our How to Invest in Advantage Solutions guide.At this time, Advantage Solutions' Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to climb to 11.74 in 2024, despite the fact that Tax Provision is likely to grow to (160.8 M).
 2021 2022 2023 2024 (projected)
Gross Profit638.2M556.6M339.7M428.9M
Total Revenue3.6B4.0B4.2B3.6B

Advantage Solutions fundamental ratios Correlations

0.72-0.75-0.490.6-0.03-0.090.730.89-0.48-0.140.960.7-0.14-0.530.96-0.650.82-0.51-0.81-0.590.86-0.55-0.540.210.79
0.72-0.77-0.39-0.040.41-0.050.990.57-0.410.040.650.490.04-0.260.61-0.780.83-0.56-0.54-0.840.9-0.21-0.320.350.52
-0.75-0.770.75-0.040.090.38-0.82-0.790.740.41-0.82-0.530.410.67-0.640.59-0.920.770.590.89-0.90.660.73-0.01-0.83
-0.49-0.390.750.090.640.88-0.48-0.810.980.83-0.7-0.280.830.96-0.360.42-0.810.890.380.53-0.70.910.980.53-0.9
0.6-0.04-0.040.09-0.110.31-0.070.420.090.190.510.360.19-0.120.72-0.070.070.12-0.460.120.11-0.22-0.060.280.26
-0.030.410.090.64-0.110.760.32-0.430.570.86-0.25-0.050.860.710.02-0.22-0.150.340.12-0.23-0.010.720.690.81-0.52
-0.09-0.050.380.880.310.76-0.15-0.510.860.85-0.330.030.850.840.040.13-0.480.740.060.21-0.350.750.840.77-0.63
0.730.99-0.82-0.48-0.070.32-0.150.63-0.5-0.070.690.5-0.07-0.350.61-0.790.88-0.63-0.55-0.860.93-0.3-0.420.250.59
0.890.57-0.79-0.810.42-0.43-0.510.63-0.78-0.550.970.61-0.55-0.840.81-0.570.89-0.73-0.74-0.550.86-0.83-0.85-0.190.97
-0.48-0.410.740.980.090.570.86-0.5-0.780.74-0.68-0.180.740.96-0.370.48-0.790.950.290.55-0.690.920.970.43-0.87
-0.140.040.410.830.190.860.85-0.07-0.550.74-0.37-0.191.00.77-0.010.03-0.470.560.240.13-0.340.750.810.82-0.68
0.960.65-0.82-0.70.51-0.25-0.330.690.97-0.68-0.370.62-0.37-0.740.91-0.660.89-0.68-0.74-0.60.88-0.75-0.750.00.92
0.70.49-0.53-0.280.36-0.050.030.50.61-0.18-0.190.62-0.19-0.250.53-0.330.56-0.06-0.98-0.30.62-0.29-0.290.120.57
-0.140.040.410.830.190.860.85-0.07-0.550.741.0-0.37-0.190.77-0.010.03-0.470.560.240.13-0.340.750.810.82-0.68
-0.53-0.260.670.96-0.120.710.84-0.35-0.840.960.77-0.74-0.250.77-0.450.41-0.730.860.370.39-0.620.980.990.48-0.91
0.960.61-0.64-0.360.720.020.040.610.81-0.37-0.010.910.53-0.01-0.45-0.610.69-0.43-0.66-0.510.73-0.49-0.450.290.69
-0.65-0.780.590.42-0.07-0.220.13-0.79-0.570.480.03-0.66-0.330.030.41-0.61-0.740.590.390.49-0.760.410.41-0.32-0.56
0.820.83-0.92-0.810.07-0.15-0.480.880.89-0.79-0.470.890.56-0.47-0.730.69-0.74-0.82-0.65-0.790.99-0.69-0.78-0.090.9
-0.51-0.560.770.890.120.340.74-0.63-0.730.950.56-0.68-0.060.560.86-0.430.59-0.820.190.68-0.740.80.870.24-0.78
-0.81-0.540.590.38-0.460.120.06-0.55-0.740.290.24-0.74-0.980.240.37-0.660.39-0.650.190.35-0.70.40.4-0.09-0.67
-0.59-0.840.890.530.12-0.230.21-0.86-0.550.550.13-0.6-0.30.130.39-0.510.49-0.790.680.35-0.810.330.46-0.14-0.54
0.860.9-0.9-0.70.11-0.01-0.350.930.86-0.69-0.340.880.62-0.34-0.620.73-0.760.99-0.74-0.7-0.81-0.58-0.670.040.84
-0.55-0.210.660.91-0.220.720.75-0.3-0.830.920.75-0.75-0.290.750.98-0.490.41-0.690.80.40.33-0.580.970.41-0.91
-0.54-0.320.730.98-0.060.690.84-0.42-0.850.970.81-0.75-0.290.810.99-0.450.41-0.780.870.40.46-0.670.970.5-0.93
0.210.35-0.010.530.280.810.770.25-0.190.430.820.00.120.820.480.29-0.32-0.090.24-0.09-0.140.040.410.5-0.31
0.790.52-0.83-0.90.26-0.52-0.630.590.97-0.87-0.680.920.57-0.68-0.910.69-0.560.9-0.78-0.67-0.540.84-0.91-0.93-0.31
Click cells to compare fundamentals

Advantage Solutions Account Relationship Matchups

Advantage Solutions fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab213.3M228.2M269.3M249.8M303.5M236.1M
Total Current Liabilities518.1M575.0M645.5M600.7M541.3M543.4M
Retained Earnings(745.3M)(907.7M)(866.6M)(2.2B)(2.3B)(2.2B)
Accounts Payable179.4M195.5M277.4M261.5M181.1M194.9M
Net Receivables695.0M595.3M809.2M883.0M714.2M706.5M
Common Stock Shares Outstanding56.3M223.2M318.2M318.7M323.7M254.6M
Inventory25.2M44.2M70.7M78.3M29.7M37.4M
Other Current Assets8.2M6.7M2.6M5.7M125.3M131.6M
Other Stockholder Equity2.3B3.4B3.4B3.4B3.4B2.6B
Total Current Assets952.5M899.8M1.1B1.2B1.0B953.5M
Other Liab565.5M587.5M557.1M353.0M317.7M438.0M
Net Tangible Assets(3.1B)(2.2B)(2.0B)(1.7B)(1.9B)(2.0B)
Other Assets22.6M16.2M9.9M10.3M1.00.95
Property Plant Equipment208.6M80.0M63.7M70.9M63.8M85.0M

Pair Trading with Advantage Solutions

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 Advantage Solutions 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 Advantage Solutions will appreciate offsetting losses from the drop in the long position's value.

Moving against Advantage Stock

  0.51FLNT Fluent Inc Financial Report 20th of May 2024 PairCorr
The ability to find closely correlated positions to Advantage Solutions could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Advantage Solutions 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 Advantage Solutions - 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 Advantage Solutions to buy it.
The correlation of Advantage Solutions 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 Advantage Solutions moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Advantage Solutions 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 Advantage Solutions 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 Advantage Solutions is a strong investment it is important to analyze Advantage Solutions' 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 Advantage Solutions' future performance. For an informed investment choice regarding Advantage Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Advantage Solutions. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
For more information on how to buy Advantage Stock please use our How to Invest in Advantage Solutions guide.
Note that the Advantage Solutions information on this page should be used as a complementary analysis to other Advantage Solutions' 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 CEOs Directory module to screen CEOs from public companies around the world.

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Is Advantage Solutions' 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 Advantage Solutions. If investors know Advantage 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 Advantage Solutions 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
(0.06)
Earnings Share
(0.24)
Revenue Per Share
12.847
Quarterly Revenue Growth
(0.07)
Return On Assets
0.0187
The market value of Advantage Solutions is measured differently than its book value, which is the value of Advantage that is recorded on the company's balance sheet. Investors also form their own opinion of Advantage Solutions' value that differs from its market value or its book value, called intrinsic value, which is Advantage Solutions' 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 Advantage Solutions' market value can be influenced by many factors that don't directly affect Advantage Solutions' 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 Advantage Solutions' value and its price as these two are different measures arrived at by different means. Investors typically determine if Advantage Solutions is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Advantage Solutions' 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.