Microvision Other Stockholder Equity vs Short Long Term Debt Total Analysis

MVIS Stock  USD 1.14  0.07  5.79%   
Microvision financial indicator trend analysis is infinitely more than just investigating Microvision recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Microvision is a good investment. Please check the relationship between Microvision Other Stockholder Equity and its Short Long Term Debt Total accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Microvision. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy Microvision Stock please use our How to Invest in Microvision guide.

Other Stockholder Equity vs Short Long Term Debt Total

Other Stockholder Equity vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Microvision Other Stockholder Equity account and Short Long Term Debt Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Microvision's Other Stockholder Equity and Short Long Term Debt Total is 0.78. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of Microvision, assuming nothing else is changed. The correlation between historical values of Microvision's Other Stockholder Equity and Short Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Microvision are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Other Stockholder Equity i.e., Microvision's Other Stockholder Equity and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.78
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Stockholder Equity

Short Long Term Debt Total

Most indicators from Microvision's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Microvision 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 Microvision. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy Microvision Stock please use our How to Invest in Microvision guide.At this time, Microvision's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 1.2 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 50.3 M in 2024.

Microvision fundamental ratios Correlations

0.480.350.990.92-0.69-0.660.130.860.870.970.840.890.780.780.860.980.910.340.840.710.11-0.170.79-0.17-0.18
0.480.640.390.58-0.22-0.490.00.340.70.330.480.720.540.760.680.370.490.130.470.630.1-0.210.15-0.21-0.27
0.350.640.240.37-0.23-0.630.330.280.40.270.490.430.580.710.370.30.30.150.310.660.28-0.510.0-0.51-0.23
0.990.390.240.87-0.72-0.580.110.880.810.990.80.840.720.680.810.990.890.30.780.640.05-0.10.82-0.1-0.2
0.920.580.370.87-0.35-0.690.040.610.960.810.830.930.80.860.960.840.990.530.930.660.12-0.20.75-0.2-0.17
-0.69-0.22-0.23-0.72-0.350.33-0.21-0.96-0.37-0.78-0.51-0.5-0.43-0.35-0.36-0.76-0.360.3-0.3-0.44-0.070.05-0.370.050.11
-0.66-0.49-0.63-0.58-0.690.33-0.13-0.48-0.67-0.58-0.84-0.7-0.98-0.81-0.65-0.61-0.68-0.36-0.68-0.61-0.270.8-0.240.8-0.01
0.130.00.330.110.04-0.21-0.130.170.070.12-0.110.130.140.180.030.15-0.03-0.02-0.030.04-0.04-0.36-0.11-0.36-0.1
0.860.340.280.880.61-0.96-0.480.170.60.910.70.70.610.540.60.90.61-0.10.530.560.08-0.090.55-0.09-0.15
0.870.70.40.810.96-0.37-0.670.070.60.730.780.980.770.871.00.760.930.370.880.590.12-0.20.6-0.2-0.16
0.970.330.270.990.81-0.78-0.580.120.910.730.80.770.710.650.721.00.830.280.740.680.08-0.130.81-0.13-0.18
0.840.480.490.80.83-0.51-0.84-0.110.70.780.80.790.890.810.780.810.850.340.770.690.15-0.360.58-0.36-0.16
0.890.720.430.840.93-0.5-0.70.130.70.980.770.790.810.870.970.80.890.280.830.60.09-0.250.55-0.25-0.16
0.780.540.580.720.8-0.43-0.980.140.610.770.710.890.810.860.760.730.780.370.760.670.24-0.70.37-0.7-0.03
0.780.760.710.680.86-0.35-0.810.180.540.870.650.810.870.860.860.690.80.410.850.790.36-0.430.43-0.43-0.06
0.860.680.370.810.96-0.36-0.650.030.61.00.720.780.970.760.860.750.930.350.880.560.11-0.170.6-0.17-0.15
0.980.370.30.990.84-0.76-0.610.150.90.761.00.810.80.730.690.750.850.310.760.70.1-0.150.8-0.15-0.18
0.910.490.30.890.99-0.36-0.68-0.030.610.930.830.850.890.780.80.930.850.520.910.610.07-0.170.8-0.17-0.19
0.340.130.150.30.530.3-0.36-0.02-0.10.370.280.340.280.370.410.350.310.520.560.460.09-0.190.56-0.190.07
0.840.470.310.780.93-0.3-0.68-0.030.530.880.740.770.830.760.850.880.760.910.560.650.39-0.240.69-0.240.17
0.710.630.660.640.66-0.44-0.610.040.560.590.680.690.60.670.790.560.70.610.460.650.44-0.270.55-0.27-0.21
0.110.10.280.050.12-0.07-0.27-0.040.080.120.080.150.090.240.360.110.10.070.090.390.44-0.25-0.03-0.250.41
-0.17-0.21-0.51-0.1-0.20.050.8-0.36-0.09-0.2-0.13-0.36-0.25-0.7-0.43-0.17-0.15-0.17-0.19-0.24-0.27-0.250.251.0-0.15
0.790.150.00.820.75-0.37-0.24-0.110.550.60.810.580.550.370.430.60.80.80.560.690.55-0.030.250.25-0.23
-0.17-0.21-0.51-0.1-0.20.050.8-0.36-0.09-0.2-0.13-0.36-0.25-0.7-0.43-0.17-0.15-0.17-0.19-0.24-0.27-0.251.00.25-0.15
-0.18-0.27-0.23-0.2-0.170.11-0.01-0.1-0.15-0.16-0.18-0.16-0.16-0.03-0.06-0.15-0.18-0.190.070.17-0.210.41-0.15-0.23-0.15
Click cells to compare fundamentals

Microvision Account Relationship Matchups

Microvision fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets11.8M21.0M130.2M115.0M129.6M136.1M
Other Current Liab2.1M495K2.4M2.9M15.6M16.4M
Total Current Liabilities14.5M10.0M12.5M11.4M20.5M10.6M
Total Stockholder Equity(4.0M)9.0M112.8M89.7M95.8M100.6M
Property Plant And Equipment Net3.2M2.8M8.6M21.4M22.8M23.9M
Net Debt(3.8M)(13.8M)(76.4M)(4.8M)(33.4M)(31.7M)
Retained Earnings(572.6M)(586.2M)(629.4M)(682.5M)(765.4M)(727.1M)
Accounts Payable1.9M630K3.6M2.1M2.3M2.8M
Cash5.8M16.9M82.6M20.5M48.4M50.9M
Non Current Assets Total4.0M3.4M10.8M24.0M42.9M45.0M
Cash And Short Term Investments5.8M16.9M115.4M82.7M77.0M80.9M
Common Stock Shares Outstanding111.3M139.8M160.7M166.0M182.8M191.9M
Liabilities And Stockholders Equity11.8M21.0M130.2M115.0M129.6M136.1M
Other Current Assets729K698K2.3M2.3M4.9M5.1M
Other Stockholder Equity568.5M595.1M742.0M772.2M860.8M903.8M
Total Liab15.8M12.0M17.5M25.3M33.8M35.5M
Property Plant And Equipment Gross3.2M2.8M8.6M21.4M41.3M43.3M
Total Current Assets7.8M17.6M119.4M91.0M86.8M91.1M
Short Long Term Debt Total2.0M3.1M6.3M15.7M15.0M15.8M
Net Receivables1.5M1.1M0.04.1M949K1.3M
Non Current Liabilities Total1.4M2.0M5.0M13.8M13.3M14.0M
Accumulated Other Comprehensive Income0.0(6.1M)(19K)(127K)210K220.5K
Short Term Debt681K1.1M1.3M1.9M2.3M1.5M
Common Stock Total Equity126K153K164K171K153.9K146.2K
Common Stock126K153K164K171K195K185.3K
Other Assets621K1.4M2.1M2.5M2.3M1.3M
Property Plant Equipment1.8M1.9M8.6M6.8M6.1M3.1M
Current Deferred Revenue9.8M7.8M5.3M4.6M300K285K
Inventory192K0.01.8M1.9M3.9M4.1M
Intangible Assets221K164K115K75K17.2M18.1M
Net Tangible Assets(4.2M)8.8M112.6M89.7M103.1M108.3M
Retained Earnings Total Equity(572.6M)(586.2M)(629.4M)(682.5M)(614.3M)(645.0M)
Capital Surpluse568.5M601.2M742.0M772.2M888.1M600.1M
Capital Lease Obligations2.0M1.5M5.9M15.7M15.0M15.8M

Pair Trading with Microvision

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

Moving together with Microvision Stock

  0.81WATT EnergousPairCorr

Moving against Microvision Stock

  0.71DYSL Dynasil OfPairCorr
  0.63BMI Badger Meter Financial Report 18th of July 2024 PairCorr
  0.63GRMN GarminPairCorr
  0.62WELX Winland HoldingsPairCorr
  0.53ITRI Itron IncPairCorr
The ability to find closely correlated positions to Microvision could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Microvision 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 Microvision - 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 Microvision to buy it.
The correlation of Microvision 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 Microvision moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Microvision 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 Microvision 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 Microvision is a strong investment it is important to analyze Microvision'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 Microvision's future performance. For an informed investment choice regarding Microvision Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Microvision. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy Microvision Stock please use our How to Invest in Microvision guide.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

Complementary Tools for Microvision Stock analysis

When running Microvision's price analysis, check to measure Microvision'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 Microvision is operating at the current time. Most of Microvision's value examination focuses on studying past and present price action to predict the probability of Microvision's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Microvision's price. Additionally, you may evaluate how the addition of Microvision to your portfolios can decrease your overall portfolio volatility.
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Transaction History
View history of all your transactions and understand their impact on performance
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Is Microvision'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 Microvision. If investors know Microvision 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 Microvision listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.47)
Revenue Per Share
0.039
Quarterly Revenue Growth
0.223
Return On Assets
(0.47)
Return On Equity
(1.00)
The market value of Microvision is measured differently than its book value, which is the value of Microvision that is recorded on the company's balance sheet. Investors also form their own opinion of Microvision's value that differs from its market value or its book value, called intrinsic value, which is Microvision'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 Microvision's market value can be influenced by many factors that don't directly affect Microvision'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 Microvision's value and its price as these two are different measures arrived at by different means. Investors typically determine if Microvision is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Microvision'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.