Aeye Common Stock vs Net Tangible Assets Analysis

LIDR Stock  USD 0.99  0.01  1.00%   
Aeye financial indicator trend analysis is way more than just evaluating Aeye Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aeye Inc is a good investment. Please check the relationship between Aeye Common Stock and its Net Tangible Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Aeye Inc. 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.

Common Stock vs Net Tangible Assets

Common Stock vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aeye Inc Common Stock account and Net Tangible Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Aeye's Common Stock and Net Tangible Assets is 0.57. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Aeye Inc, assuming nothing else is changed. The correlation between historical values of Aeye's Common Stock and Net Tangible 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 Aeye Inc are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Common Stock i.e., Aeye's Common Stock and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.57
Relationship DirectionPositive 
Relationship StrengthWeak

Common Stock

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most indicators from Aeye's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aeye Inc 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Aeye Inc. 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.
As of 04/29/2024, Sales General And Administrative To Revenue is likely to grow to 18.10, while Selling General Administrative is likely to drop slightly above 22.3 M.
 2021 2022 2023 2024 (projected)
Total Operating Expenses62.6M93.7M63.9M54.5M
Cost Of Revenue3.6M8.7M15.3M16.1M

Aeye fundamental ratios Correlations

0.960.550.97-0.680.82-0.030.870.630.990.860.66-0.540.90.570.88-0.31-0.690.790.61-0.390.810.990.790.340.45
0.960.70.87-0.780.650.110.910.790.930.880.8-0.680.870.730.93-0.06-0.760.90.75-0.470.890.920.880.530.42
0.550.70.34-0.590.250.760.570.960.510.720.98-0.50.40.460.840.58-0.930.850.44-0.790.780.50.840.370.2
0.970.870.34-0.560.88-0.220.790.410.980.770.45-0.410.880.460.74-0.53-0.520.630.51-0.210.660.980.630.210.48
-0.68-0.78-0.59-0.56-0.24-0.02-0.91-0.75-0.63-0.41-0.750.95-0.86-0.72-0.82-0.030.7-0.9-0.730.64-0.95-0.65-0.9-0.770.23
0.820.650.250.88-0.24-0.060.540.230.870.710.310.00.650.030.61-0.58-0.460.410.08-0.230.430.860.45-0.210.52
-0.030.110.76-0.22-0.02-0.06-0.040.6-0.040.330.630.06-0.23-0.120.350.78-0.620.35-0.17-0.680.25-0.060.36-0.110.06
0.870.910.570.79-0.910.54-0.040.730.830.660.72-0.810.930.730.89-0.14-0.660.910.75-0.530.920.830.90.690.12
0.630.790.960.41-0.750.230.60.730.570.720.99-0.690.540.650.890.52-0.890.940.63-0.760.880.560.920.590.15
0.990.930.510.98-0.630.87-0.040.830.570.840.61-0.460.890.490.85-0.37-0.670.740.53-0.370.771.00.750.250.46
0.860.880.720.77-0.410.710.330.660.720.840.72-0.30.570.510.80.05-0.690.720.53-0.350.640.820.690.230.74
0.660.80.980.45-0.750.310.630.720.990.610.72-0.650.570.550.920.46-0.960.940.54-0.820.90.610.930.490.12
-0.54-0.68-0.5-0.410.950.00.06-0.81-0.69-0.46-0.3-0.65-0.74-0.85-0.67-0.150.54-0.81-0.840.46-0.84-0.48-0.77-0.910.24
0.90.870.40.88-0.860.65-0.230.930.540.890.570.57-0.740.590.82-0.41-0.60.790.63-0.430.860.90.80.510.06
0.570.730.460.46-0.720.03-0.120.730.650.490.510.55-0.850.590.560.19-0.360.691.0-0.110.660.480.610.910.23
0.880.930.840.74-0.820.610.350.890.890.850.80.92-0.670.820.560.08-0.920.970.57-0.750.960.850.980.460.2
-0.31-0.060.58-0.53-0.03-0.580.78-0.140.52-0.370.050.46-0.15-0.410.190.08-0.30.220.13-0.370.1-0.390.180.27-0.08
-0.69-0.76-0.93-0.520.7-0.46-0.62-0.66-0.89-0.67-0.69-0.960.54-0.6-0.36-0.92-0.3-0.88-0.360.87-0.87-0.68-0.9-0.27-0.07
0.790.90.850.63-0.90.410.350.910.940.740.720.94-0.810.790.690.970.22-0.880.69-0.750.980.740.990.650.09
0.610.750.440.51-0.730.08-0.170.750.630.530.530.54-0.840.631.00.570.13-0.360.69-0.090.670.530.610.890.25
-0.39-0.47-0.79-0.210.64-0.23-0.68-0.53-0.76-0.37-0.35-0.820.46-0.43-0.11-0.75-0.370.87-0.75-0.09-0.75-0.38-0.81-0.220.31
0.810.890.780.66-0.950.430.250.920.880.770.640.9-0.840.860.660.960.1-0.870.980.67-0.750.770.990.63-0.02
0.990.920.50.98-0.650.86-0.060.830.561.00.820.61-0.480.90.480.85-0.39-0.680.740.53-0.380.770.750.250.42
0.790.880.840.63-0.90.450.360.90.920.750.690.93-0.770.80.610.980.18-0.90.990.61-0.810.990.750.590.03
0.340.530.370.21-0.77-0.21-0.110.690.590.250.230.49-0.910.510.910.460.27-0.270.650.89-0.220.630.250.59-0.13
0.450.420.20.480.230.520.060.120.150.460.740.120.240.060.230.2-0.08-0.070.090.250.31-0.020.420.03-0.13
Click cells to compare fundamentals

Aeye Account Relationship Matchups

Aeye fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab98.03.4M8.7M9.8M4.1M4.8M
Total Current Liabilities2.4K37.6M13.6M22.6M10.0M15.4M
Total Stockholder Equity22.6K(18.2M)168.8M94.0M29.0M50.2M
Retained Earnings(2.4K)(86.8M)(151.8M)(250.5M)(337.6M)(320.8M)
Net Receivables143K156K4.2M617K131K124.5K
Other Stockholder Equity25.0K68.5M320.9M345.7M366.6M202.0M
Total Liab2.4K44.1M17.4M39.4M25.3M23.1M
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 Aeye 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, Aeye's short interest history, or implied volatility extrapolated from Aeye options trading.

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When determining whether Aeye Inc is a strong investment it is important to analyze Aeye's 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 Aeye's future performance. For an informed investment choice regarding Aeye Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Aeye Inc. 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.
Note that the Aeye Inc information on this page should be used as a complementary analysis to other Aeye'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 Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

Complementary Tools for Aeye Stock analysis

When running Aeye's price analysis, check to measure Aeye'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 Aeye is operating at the current time. Most of Aeye's value examination focuses on studying past and present price action to predict the probability of Aeye's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aeye's price. Additionally, you may evaluate how the addition of Aeye to your portfolios can decrease your overall portfolio volatility.
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Is Aeye'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 Aeye. If investors know Aeye 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 Aeye listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(14.95)
Revenue Per Share
0.251
Quarterly Revenue Growth
(0.94)
Return On Assets
(0.46)
Return On Equity
(1.42)
The market value of Aeye Inc is measured differently than its book value, which is the value of Aeye that is recorded on the company's balance sheet. Investors also form their own opinion of Aeye's value that differs from its market value or its book value, called intrinsic value, which is Aeye'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 Aeye's market value can be influenced by many factors that don't directly affect Aeye'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 Aeye's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aeye is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aeye'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.