BeyondSpring Common Stock vs Total Assets Analysis

BYSI Stock  USD 2.13  0.14  6.17%   
BeyondSpring financial indicator trend analysis is way more than just evaluating BeyondSpring prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BeyondSpring is a good investment. Please check the relationship between BeyondSpring Common Stock and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BeyondSpring. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For more detail on how to invest in BeyondSpring Stock please use our How to Invest in BeyondSpring guide.

Common Stock vs Total Assets

Common Stock vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BeyondSpring Common Stock account and Total Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between BeyondSpring's Common Stock and Total Assets is 0.86. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Total Assets in the same time period over historical financial statements of BeyondSpring, assuming nothing else is changed. The correlation between historical values of BeyondSpring's Common Stock and Total 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 Common Stock of BeyondSpring are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Common Stock i.e., BeyondSpring's Common Stock and Total Assets go up and down completely randomly.

Correlation Coefficient

0.86
Relationship DirectionPositive 
Relationship StrengthStrong

Common Stock

Total Assets

Total assets refers to the total amount of BeyondSpring assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in BeyondSpring books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from BeyondSpring's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BeyondSpring 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 BeyondSpring. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For more detail on how to invest in BeyondSpring Stock please use our How to Invest in BeyondSpring guide.The current Selling General Administrative is estimated to decrease to about 11.4 M. The current Tax Provision is estimated to decrease to about 178.1 K

BeyondSpring fundamental ratios Correlations

0.680.680.80.94-0.95-0.790.10.96-0.561.0-0.390.850.730.530.790.620.670.860.64-0.511.0-0.560.860.560.64
0.680.80.410.47-0.59-0.60.360.59-0.20.69-0.080.540.580.560.510.280.50.620.64-0.160.68-0.180.550.360.45
0.680.80.450.53-0.58-0.750.690.6-0.550.67-0.290.660.640.470.770.580.630.750.59-0.530.67-0.520.660.440.54
0.80.410.450.86-0.9-0.320.130.86-0.470.83-0.310.480.22-0.070.40.430.160.450.05-0.460.83-0.470.47-0.010.08
0.940.470.530.86-0.98-0.670.070.98-0.620.95-0.470.790.60.350.720.660.520.760.45-0.580.95-0.640.790.460.53
-0.95-0.59-0.58-0.9-0.980.63-0.11-0.990.5-0.960.36-0.72-0.53-0.31-0.66-0.54-0.44-0.72-0.420.47-0.960.52-0.72-0.37-0.45
-0.79-0.6-0.75-0.32-0.670.63-0.27-0.690.62-0.750.45-0.91-0.94-0.84-0.97-0.73-0.92-0.96-0.890.58-0.750.62-0.93-0.88-0.93
0.10.360.690.130.07-0.11-0.270.09-0.470.09-0.220.160.14-0.050.360.410.130.270.01-0.50.1-0.450.15-0.050.03
0.960.590.60.860.98-0.99-0.690.09-0.520.97-0.380.780.610.390.720.580.510.770.5-0.480.97-0.540.780.460.54
-0.56-0.2-0.55-0.47-0.620.50.62-0.47-0.52-0.540.85-0.71-0.53-0.25-0.7-0.97-0.6-0.65-0.311.0-0.551.0-0.71-0.4-0.46
1.00.690.670.830.95-0.96-0.750.090.97-0.54-0.380.820.690.50.750.60.620.820.6-0.491.0-0.540.820.510.6
-0.39-0.08-0.29-0.31-0.470.360.45-0.22-0.380.85-0.38-0.54-0.36-0.24-0.52-0.86-0.46-0.44-0.260.85-0.380.86-0.56-0.38-0.41
0.850.540.660.480.79-0.72-0.910.160.78-0.710.82-0.540.940.690.880.770.840.970.76-0.660.82-0.711.00.760.82
0.730.580.640.220.6-0.53-0.940.140.61-0.530.69-0.360.940.850.860.630.890.960.89-0.480.68-0.520.940.860.9
0.530.560.47-0.070.35-0.31-0.84-0.050.39-0.250.5-0.240.690.850.730.440.890.740.99-0.210.49-0.260.730.940.94
0.790.510.770.40.72-0.66-0.970.360.72-0.70.75-0.520.880.860.730.810.880.930.79-0.680.76-0.710.910.830.88
0.620.280.580.430.66-0.54-0.730.410.58-0.970.6-0.860.770.630.440.810.740.730.48-0.960.6-0.980.790.580.63
0.670.50.630.160.52-0.44-0.920.130.51-0.60.62-0.460.840.890.890.880.740.850.91-0.570.63-0.590.870.90.94
0.860.620.750.450.76-0.72-0.960.270.77-0.650.82-0.440.970.960.740.930.730.850.81-0.610.82-0.650.980.790.85
0.640.640.590.050.45-0.42-0.890.010.5-0.310.6-0.260.760.890.990.790.480.910.81-0.260.6-0.310.790.930.95
-0.51-0.16-0.53-0.46-0.580.470.58-0.5-0.481.0-0.490.85-0.66-0.48-0.21-0.68-0.96-0.57-0.61-0.26-0.50.99-0.66-0.36-0.42
1.00.680.670.830.95-0.96-0.750.10.97-0.551.0-0.380.820.680.490.760.60.630.820.6-0.5-0.550.820.510.6
-0.56-0.18-0.52-0.47-0.640.520.62-0.45-0.541.0-0.540.86-0.71-0.52-0.26-0.71-0.98-0.59-0.65-0.310.99-0.55-0.71-0.42-0.47
0.860.550.660.470.79-0.72-0.930.150.78-0.710.82-0.561.00.940.730.910.790.870.980.79-0.660.82-0.710.80.85
0.560.360.44-0.010.46-0.37-0.88-0.050.46-0.40.51-0.380.760.860.940.830.580.90.790.93-0.360.51-0.420.80.99
0.640.450.540.080.53-0.45-0.930.030.54-0.460.6-0.410.820.90.940.880.630.940.850.95-0.420.6-0.470.850.99
Click cells to compare fundamentals

BeyondSpring Account Relationship Matchups

BeyondSpring fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets44.6M117.0M81.6M46.2M53.2M43.6M
Other Current Liab65K9.4M10.0M4.0M4.5M4.4M
Total Current Liabilities10.1M13.8M15.2M7.4M8.5M9.1M
Total Stockholder Equity30.3M88.3M26.7M(6.0M)(6.9M)(6.5M)
Net Tangible Assets(7.8M)30.3M88.3M26.7M30.7M24.2M
Net Debt(32.0M)(105.2M)(38.1M)(29.4M)(26.5M)(27.8M)
Retained Earnings(216.8M)(277.8M)(342.0M)(375.3M)(337.7M)(320.9M)
Accounts Payable2.5M2.2M1.7M1.1M1.2M1.2M
Cash35.9M109.5M41.6M34.4M39.6M33.7M
Cash And Short Term Investments35.9M109.5M72.4M37.3M42.9M38.2M
Common Stock Shares Outstanding24.6M30.0M39.0M39.1M45.0M27.5M
Liabilities And Stockholders Equity44.6M117.0M81.6M46.2M53.2M43.6M
Non Current Liabilities Total3.4M16.6M45.6M41.9M48.2M50.6M
Other Current Assets410K358K1.0M763K877.5K921.3K
Other Stockholder Equity247.0M366.5M369.2M368.9M424.2M213.9M
Total Liab13.4M30.4M60.7M49.2M56.6M59.4M
Total Current Assets40.9M113.4M75.1M38.5M44.3M40.7M
Accumulated Other Comprehensive Income140K(297K)(523K)436K501.4K526.5K
Property Plant And Equipment Net2.7M2.4M5.0M7.4M8.5M8.9M
Non Current Assets Total3.7M3.6M6.5M7.7M8.9M9.3M
Property Plant And Equipment Gross2.7M2.4M5.3M7.9M9.1M9.5M
Property Plant Equipment282K2.7M2.4M3.4M3.9M4.1M
Non Currrent Assets Other946K1.3M1.6M347K399.1K379.1K
Other Assets910K946K1.3M3.1M3.6M3.8M
Net Invested Capital31.7M90.5M28.3M(6.0M)(6.9M)(6.5M)
Net Working Capital30.8M99.6M60.0M31.2M35.8M43.7M
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 BeyondSpring 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, BeyondSpring's short interest history, or implied volatility extrapolated from BeyondSpring options trading.

Pair Trading with BeyondSpring

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

Moving together with BeyondSpring Stock

  0.89A Agilent Technologies Financial Report 28th of May 2024 PairCorr
  0.82ELEV Elevation Oncology Earnings Call This WeekPairCorr

Moving against BeyondSpring Stock

  0.49DNA Ginkgo Bioworks Holdings Financial Report 8th of May 2024 PairCorr
The ability to find closely correlated positions to BeyondSpring could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BeyondSpring 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 BeyondSpring - 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 BeyondSpring to buy it.
The correlation of BeyondSpring 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 BeyondSpring moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BeyondSpring 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 BeyondSpring 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 BeyondSpring offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of BeyondSpring's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Beyondspring Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Beyondspring Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BeyondSpring. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For more detail on how to invest in BeyondSpring Stock please use our How to Invest in BeyondSpring guide.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.

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Is BeyondSpring'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 BeyondSpring. If investors know BeyondSpring 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 BeyondSpring listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.71)
Revenue Per Share
0.04
Quarterly Revenue Growth
0.294
Return On Assets
(0.39)
Return On Equity
(3.10)
The market value of BeyondSpring is measured differently than its book value, which is the value of BeyondSpring that is recorded on the company's balance sheet. Investors also form their own opinion of BeyondSpring's value that differs from its market value or its book value, called intrinsic value, which is BeyondSpring'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 BeyondSpring's market value can be influenced by many factors that don't directly affect BeyondSpring'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 BeyondSpring's value and its price as these two are different measures arrived at by different means. Investors typically determine if BeyondSpring is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BeyondSpring'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.