Qualys Stock Based Compensation vs Change To Inventory Analysis
QLYS Stock | USD 147.12 2.50 1.67% |
Qualys financial indicator trend analysis is much more than just breaking down Qualys Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Qualys Inc is a good investment. Please check the relationship between Qualys Stock Based Compensation and its Change To Inventory accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Qualys 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 manufacturing.
Stock Based Compensation vs Change To Inventory
Stock Based Compensation vs Change To Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Qualys Inc Stock Based Compensation account and Change To Inventory. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Qualys' Stock Based Compensation and Change To Inventory is -0.6. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Change To Inventory in the same time period over historical financial statements of Qualys Inc, assuming nothing else is changed. The correlation between historical values of Qualys' Stock Based Compensation and Change To Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Stock Based Compensation of Qualys Inc are associated (or correlated) with its Change To Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Inventory has no effect on the direction of Stock Based Compensation i.e., Qualys' Stock Based Compensation and Change To Inventory go up and down completely randomly.
Correlation Coefficient | -0.6 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Stock Based Compensation
Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.Change To Inventory
The increase or decrease in the amount of inventory a company has over a certain period.Most indicators from Qualys' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Qualys 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Qualys 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 manufacturing. Selling General Administrative is likely to drop to about 36 M in 2024. Tax Provision is likely to drop to about 13.2 M in 2024
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 321.7M | 386.9M | 447.0M | 469.3M | Total Revenue | 411.2M | 489.7M | 554.5M | 582.2M |
Qualys fundamental ratios Correlations
Click cells to compare fundamentals
Qualys Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Qualys fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 41.3M | 40.8M | 40.1M | 39.3M | 37.6M | 35.6M | |
Total Assets | 675.6M | 736.8M | 814.6M | 700.9M | 812.6M | 497.4M | |
Short Long Term Debt Total | 51.7M | 57.4M | 48.5M | 42.2M | 28.7M | 26.4M | |
Other Current Liab | 22.8M | 29.8M | 32.5M | 42.6M | 43.1M | 22.2M | |
Total Current Liabilities | 223.5M | 255.7M | 304.3M | 352.2M | 389.2M | 194.7M | |
Total Stockholder Equity | 386.8M | 404.5M | 436.7M | 289.1M | 368.2M | 255.6M | |
Property Plant And Equipment Net | 101.1M | 109.7M | 98.9M | 81.2M | 55.0M | 57.1M | |
Current Deferred Revenue | 192.2M | 213.5M | 257.9M | 293.7M | 333.3M | 349.9M | |
Net Debt | (35.9M) | (16.8M) | (88.8M) | (131.5M) | (176.4M) | (167.6M) | |
Retained Earnings | 23.2M | 3.6M | (41.7M) | (221.4M) | (228.1M) | (216.7M) | |
Accounts Payable | 848K | 731K | 1.3M | 2.8M | 988K | 1.8M | |
Cash | 87.6M | 74.1M | 137.3M | 173.7M | 205.2M | 215.4M | |
Non Current Assets Total | 280.0M | 261.5M | 268.2M | 227.6M | 212.6M | 159.3M | |
Non Currrent Assets Other | 16.3M | 18.1M | 19.0M | 21.6M | 21.1M | 22.1M | |
Cash And Short Term Investments | 298.9M | 356.0M | 405.3M | 321.3M | 427.1M | 250.8M | |
Net Receivables | 78.0M | 100.2M | 109.0M | 121.8M | 146.2M | 153.5M | |
Liabilities And Stockholders Equity | 675.6M | 736.8M | 814.6M | 700.9M | 812.6M | 497.4M | |
Non Current Liabilities Total | 65.3M | 76.6M | 73.6M | 59.6M | 55.2M | 47.0M | |
Other Current Assets | 18.7M | 19.1M | 32.1M | 30.2M | 26.7M | 16.1M | |
Other Stockholder Equity | 362.4M | 401.4M | 477.3M | 512.5M | 597.9M | 322.0M | |
Total Liab | 288.8M | 332.3M | 377.8M | 411.8M | 444.4M | 241.8M | |
Property Plant And Equipment Gross | 101.1M | 109.7M | 61.9M | 81.2M | 273.5M | 287.2M | |
Total Current Assets | 395.6M | 475.3M | 546.4M | 473.3M | 600.0M | 338.1M | |
Accumulated Other Comprehensive Income | 1.2M | (484K) | 1.0M | (1.9M) | (1.7M) | (1.6M) | |
Short Term Debt | 7.7M | 11.7M | 12.6M | 13.1M | 11.9M | 7.0M | |
Intangible Assets | 16.8M | 12.0M | 6.5M | 12.8M | 9.7M | 8.5M | |
Other Liab | 21.3M | 30.9M | 37.7M | 30.5M | 35.1M | 23.1M | |
Other Assets | 33.1M | 33.9M | 44.1M | 67.0M | 77.0M | 80.9M | |
Property Plant Equipment | 60.6M | 64.9M | 98.9M | 47.4M | 54.5M | 49.9M | |
Net Tangible Assets | 362.6M | 385.0M | 422.7M | 268.9M | 309.2M | 288.7M | |
Retained Earnings Total Equity | 23.2M | 3.6M | (41.7M) | (221.4M) | (199.3M) | (189.3M) | |
Short Term Investments | 211.3M | 281.9M | 268.0M | 147.6M | 221.9M | 184.6M | |
Capital Surpluse | 362.4M | 401.4M | 477.3M | 512.5M | 589.4M | 341.7M | |
Capital Lease Obligations | 51.7M | 57.4M | 48.5M | 42.2M | 28.7M | 36.3M | |
Deferred Long Term Liab | 6.5M | 6.9M | 8.4M | 10.1M | 9.1M | 9.2M | |
Non Current Liabilities Other | 388K | 30.5M | 4.9M | 7.0M | 6.7M | 7.2M | |
Long Term Investments | 119.5M | 98.5M | 111.2M | 59.2M | 56.6M | 75.6M |
Pair Trading with Qualys
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 Qualys 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 Qualys will appreciate offsetting losses from the drop in the long position's value.Moving against Qualys Stock
0.47 | EEFT | Euronet Worldwide | PairCorr |
The ability to find closely correlated positions to Qualys could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Qualys 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 Qualys - 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 Qualys Inc to buy it.
The correlation of Qualys 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 Qualys moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Qualys Inc 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 Qualys 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.Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Qualys 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 manufacturing. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Complementary Tools for Qualys Stock analysis
When running Qualys' price analysis, check to measure Qualys' 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 Qualys is operating at the current time. Most of Qualys' value examination focuses on studying past and present price action to predict the probability of Qualys' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Qualys' price. Additionally, you may evaluate how the addition of Qualys to your portfolios can decrease your overall portfolio volatility.
Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
Commodity Directory Find actively traded commodities issued by global exchanges | |
Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals |
Is Qualys' 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 Qualys. If investors know Qualys 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 Qualys 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 0.364 | Earnings Share 4.31 | Revenue Per Share 15.456 | Quarterly Revenue Growth 0.116 | Return On Assets 0.1404 |
The market value of Qualys Inc is measured differently than its book value, which is the value of Qualys that is recorded on the company's balance sheet. Investors also form their own opinion of Qualys' value that differs from its market value or its book value, called intrinsic value, which is Qualys' 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 Qualys' market value can be influenced by many factors that don't directly affect Qualys' 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 Qualys' value and its price as these two are different measures arrived at by different means. Investors typically determine if Qualys is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Qualys' 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.