Acceleware Invested Capital vs Pb Ratio Analysis

AXE Stock  CAD 0.14  0.00  0.00%   
Acceleware financial indicator trend analysis is way more than just evaluating Acceleware prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Acceleware is a good investment. Please check the relationship between Acceleware Invested Capital and its Pb Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Acceleware. 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.

Invested Capital vs Pb Ratio

Invested Capital vs Pb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Acceleware Invested Capital account and Pb Ratio. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Acceleware's Invested Capital and Pb Ratio is 0.59. Overlapping area represents the amount of variation of Invested Capital that can explain the historical movement of Pb Ratio in the same time period over historical financial statements of Acceleware, assuming nothing else is changed. The correlation between historical values of Acceleware's Invested Capital and Pb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Invested Capital of Acceleware are associated (or correlated) with its Pb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pb Ratio has no effect on the direction of Invested Capital i.e., Acceleware's Invested Capital and Pb Ratio go up and down completely randomly.

Correlation Coefficient

0.59
Relationship DirectionPositive 
Relationship StrengthWeak

Invested Capital

Invested capital represents the total cash investment that shareholders and debt holders have contributed to Acceleware. There are two different methods for calculating Acceleware invested capital: operating approach and financing approach. Understanding Acceleware invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.

Pb Ratio

Most indicators from Acceleware's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Acceleware 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 Acceleware. 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.
At this time, Acceleware's Issuance Of Capital Stock is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 6.78 in 2024, whereas Enterprise Value Over EBITDA is likely to drop (5.20) in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit711.2K309.5K241.2K229.2K
Total Revenue752.8K328.3K279.0K265.1K

Acceleware fundamental ratios Correlations

0.850.14-0.81-0.270.480.90.010.90.90.58-0.510.341.00.050.43-0.230.36-0.07-0.27-0.220.74-0.26-0.090.090.45
0.85-0.34-0.45-0.60.70.740.230.740.810.77-0.610.720.84-0.170.5-0.360.49-0.02-0.330.160.630.060.35-0.40.63
0.14-0.34-0.650.75-0.450.09-0.420.080.09-0.450.29-0.880.160.55-0.090.26-0.18-0.080.18-0.890.1-0.69-0.990.95-0.6
-0.81-0.45-0.65-0.26-0.07-0.750.3-0.74-0.67-0.150.270.23-0.82-0.41-0.310.04-0.2-0.010.00.66-0.640.590.6-0.570.01
-0.27-0.60.75-0.26-0.45-0.25-0.52-0.26-0.27-0.860.13-0.84-0.250.76-0.260.44-0.30.430.73-0.64-0.21-0.38-0.760.69-0.71
0.480.7-0.45-0.07-0.450.220.070.220.710.46-0.410.640.48-0.120.21-0.240.390.04-0.170.150.090.00.44-0.610.38
0.90.740.09-0.75-0.250.220.121.00.650.49-0.530.360.90.010.3-0.220.150.05-0.16-0.010.85-0.01-0.020.130.59
0.010.23-0.420.3-0.520.070.120.140.020.37-0.160.42-0.02-0.21-0.08-0.51-0.13-0.11-0.340.530.20.670.38-0.280.38
0.90.740.08-0.74-0.260.221.00.140.640.49-0.530.360.890.00.3-0.230.150.05-0.160.00.850.01-0.010.120.59
0.90.810.09-0.67-0.270.710.650.020.640.53-0.450.330.890.080.36-0.330.4-0.13-0.31-0.30.5-0.35-0.06-0.020.25
0.580.77-0.45-0.15-0.860.460.490.370.490.53-0.30.690.57-0.490.45-0.410.41-0.35-0.680.310.410.10.46-0.420.66
-0.51-0.610.290.270.13-0.41-0.53-0.16-0.53-0.45-0.3-0.52-0.51-0.33-0.360.2-0.28-0.69-0.4-0.27-0.34-0.32-0.320.28-0.43
0.340.72-0.880.23-0.840.640.360.420.360.330.69-0.520.33-0.510.28-0.360.320.05-0.30.750.270.550.9-0.850.79
1.00.840.16-0.82-0.250.480.9-0.020.890.890.57-0.510.330.050.43-0.210.36-0.06-0.26-0.230.73-0.28-0.10.10.44
0.05-0.170.55-0.410.76-0.120.01-0.210.00.08-0.49-0.33-0.510.050.050.07-0.030.660.73-0.56-0.02-0.32-0.580.46-0.49
0.430.5-0.09-0.31-0.260.210.3-0.080.30.360.45-0.360.280.430.05-0.20.950.04-0.14-0.13-0.02-0.240.07-0.190.29
-0.23-0.360.260.040.44-0.24-0.22-0.51-0.23-0.33-0.410.2-0.36-0.210.07-0.2-0.230.160.35-0.17-0.11-0.12-0.250.26-0.21
0.360.49-0.18-0.2-0.30.390.15-0.130.150.40.41-0.280.320.36-0.030.95-0.23-0.04-0.19-0.13-0.16-0.290.14-0.330.23
-0.07-0.02-0.08-0.010.430.040.05-0.110.05-0.13-0.35-0.690.05-0.060.660.040.16-0.040.910.13-0.040.30.08-0.1-0.01
-0.27-0.330.180.00.73-0.17-0.16-0.34-0.16-0.31-0.68-0.4-0.3-0.260.73-0.140.35-0.190.91-0.09-0.180.12-0.190.14-0.31
-0.220.16-0.890.66-0.640.15-0.010.530.0-0.30.31-0.270.75-0.23-0.56-0.13-0.17-0.130.13-0.09-0.010.890.91-0.730.68
0.740.630.1-0.64-0.210.090.850.20.850.50.41-0.340.270.73-0.02-0.02-0.11-0.16-0.04-0.18-0.010.06-0.070.180.38
-0.260.06-0.690.59-0.380.0-0.010.670.01-0.350.1-0.320.55-0.28-0.32-0.24-0.12-0.290.30.120.890.060.67-0.520.5
-0.090.35-0.990.6-0.760.44-0.020.38-0.01-0.060.46-0.320.9-0.1-0.580.07-0.250.140.08-0.190.91-0.070.67-0.920.66
0.09-0.40.95-0.570.69-0.610.13-0.280.12-0.02-0.420.28-0.850.10.46-0.190.26-0.33-0.10.14-0.730.18-0.52-0.92-0.51
0.450.63-0.60.01-0.710.380.590.380.590.250.66-0.430.790.44-0.490.29-0.210.23-0.01-0.310.680.380.50.66-0.51
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Acceleware Account Relationship Matchups

Acceleware fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.5M3.9M5.4M2.5M1.5M1.4M
Total Current Liabilities5.3M3.7M6.1M3.1M3.2M2.1M
Total Stockholder Equity1.1M(667.4K)(4.1M)(7.2M)(8.0M)(7.6M)
Net Debt(4.2M)(1.8M)(1.6M)201.9K1.5M1.6M
Retained Earnings(29.0M)(31.1M)(35.2M)(40.3M)(42.3M)(40.2M)
Accounts Payable155.8K295.7K3.7M1.3M730.5K709.5K
Cash4.4M1.9M1.9M1.1M951.6K1.7M
Non Current Assets Total164.1K173.6K154.9K84.1K254.0K305.1K
Cash And Short Term Investments4.4M1.9M1.9M1.1M951.6K1.7M
Net Receivables1.9M1.2M3.0M1.0M280.6K266.6K
Common Stock Shares Outstanding104.5M105.5M106.6M109.3M116.9M75.8M
Liabilities And Stockholders Equity6.5M3.9M5.4M2.5M1.5M1.4M
Total Liab5.4M4.5M9.5M9.7M9.5M10.0M
Total Current Assets6.4M3.7M5.2M2.4M1.3M1.2M
Accumulated Other Comprehensive Income7.9M8.0M7.9M8.6M675.2K641.4K
Property Plant And Equipment Net164.1K173.6K154.9K84.1K49.7K47.2K
Current Deferred Revenue553.1K2.6M829.3K967.5K79.1K75.2K
Non Currrent Assets Other207.6K197.9K164.1K206.7K204.3K227.6K
Short Long Term Debt Total155.3K173.9K344.4K1.3M2.5M2.6M
Other Current Liab4.5M710.4K1.5M742.1K1.5M1.3M
Short Term Debt115.6K54.0K27.9K30.2K976.7K1.0M
Non Current Liabilities Total39.8K869.9K3.4M6.6M6.2M6.6M
Net Tangible Assets2.2M1.1M(667.4K)(4.1M)(3.7M)(3.5M)
Common Stock22.3M22.4M23.2M24.5M25.3M22.9M
Property Plant Equipment197.9K164.1K173.6K154.9K178.1K170.5K
Capital Lease Obligations155.3K173.9K344.4K91.4K105.1K187.9K
Net Invested Capital1.1M(667.4K)(4.1M)(5.9M)(5.6M)(5.3M)
Net Working Capital1.0M28.9K(911.3K)(635.6K)(2.0M)(1.9M)
Capital Stock22.3M22.4M23.2M24.5M25.3M25.6M

Pair Trading with Acceleware

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

Moving against Acceleware Stock

  0.48BHC Bausch Health CompaniesPairCorr
  0.43THRM Therma BrightPairCorr
The ability to find closely correlated positions to Acceleware could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Acceleware 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 Acceleware - 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 Acceleware to buy it.
The correlation of Acceleware 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 Acceleware moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Acceleware 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 Acceleware 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
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Acceleware. 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.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Acceleware's price analysis, check to measure Acceleware'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 Acceleware is operating at the current time. Most of Acceleware's value examination focuses on studying past and present price action to predict the probability of Acceleware's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Acceleware's price. Additionally, you may evaluate how the addition of Acceleware to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Acceleware's value and its price as these two are different measures arrived at by different means. Investors typically determine if Acceleware is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Acceleware'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.