UBS Retained Earnings vs Non Currrent Assets Other Analysis
UBS Stock | USD 30.34 0.32 1.07% |
UBS Group financial indicator trend analysis is much more than just breaking down UBS Group AG prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether UBS Group AG is a good investment. Please check the relationship between UBS Group Retained Earnings and its Non Currrent Assets Other accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in UBS Group AG. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Retained Earnings vs Non Currrent Assets Other
Retained Earnings vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of UBS Group AG Retained Earnings account and Non Currrent Assets Other. At this time, the significance of the direction appears to have strong relationship.
The correlation between UBS Group's Retained Earnings and Non Currrent Assets Other is 0.61. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of UBS Group AG, assuming nothing else is changed. The correlation between historical values of UBS Group's Retained Earnings and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of UBS Group AG are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Retained Earnings i.e., UBS Group's Retained Earnings and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | 0.61 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Most indicators from UBS Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into UBS Group AG 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 World Market Map to better understand how to build diversified portfolios, which includes a position in UBS Group AG. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. Sales General And Administrative To Revenue is likely to gain to 0.92 in 2024, whereas Selling General Administrative is likely to drop slightly above 21 B in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 3.3B | 6.6B | 28.2B | 17.0B | Depreciation And Amortization | 2.1B | 2.1B | 2.9B | 1.7B |
UBS Group fundamental ratios Correlations
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UBS Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
UBS Group fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 972.2B | 1.1T | 1.1T | 1.1T | 1.7T | 1.3T | |
Total Stockholder Equity | 54.5B | 59.5B | 60.7B | 56.9B | 87.3B | 91.6B | |
Property Plant And Equipment Net | 12.8B | 13.1B | 12.9B | 12.3B | 17.8B | 18.7B | |
Net Debt | 70.2B | 42.2B | 23.8B | 20.5B | 52.0B | 54.6B | |
Retained Earnings | 34.2B | 38.8B | 43.9B | 50.0B | 76.1B | 79.9B | |
Cash | 107.1B | 158.2B | 194.8B | 172.8B | 314.1B | 329.9B | |
Non Current Assets Total | 219.8B | 215.3B | 202.2B | 206.1B | 369.2B | 387.6B | |
Non Currrent Assets Other | (9.5B) | (9.2B) | (8.9B) | (11.0B) | (10.7B) | (11.2B) | |
Other Assets | 620.9B | 719.4B | 685.0B | 709.0B | 1.0T | 864.9B | |
Cash And Short Term Investments | 113.4B | 166.5B | 203.6B | 171.7B | 316.4B | 332.2B | |
Common Stock Shares Outstanding | 3.9B | 4.2B | 4.0B | 3.7B | 3.2B | 3.7B | |
Liabilities And Stockholders Equity | 972.2B | 1.1T | 1.1T | 1.1T | 1.7T | 1.3T | |
Other Stockholder Equity | 14.7B | 12.7B | 11.3B | 6.7B | 8.4B | 13.2B | |
Total Current Assets | 131.4B | 191.1B | 230.0B | 189.3B | 337.4B | 354.3B | |
Accumulated Other Comprehensive Income | 5.3B | 7.6B | 5.2B | (103M) | 2.5B | 2.6B | |
Other Liab | 38.6B | 32.1B | 50.2B | 23.3B | 21.0B | 19.9B | |
Accounts Payable | 37.2B | 38.7B | 45.1B | 47.0B | 42.5B | 40.4B | |
Long Term Debt | 155.5B | 200.5B | 213.0B | 188.3B | 366.1B | 384.4B | |
Good Will | 6.3B | 6.2B | 6.1B | 6.0B | 6.0B | 6.2B | |
Short Term Investments | 6.3B | 8.3B | 8.8B | 2.2B | 2.2B | 2.1B | |
Total Liab | 917.5B | 1.1T | 1.1T | 1.0T | 1.6T | 938.0B | |
Treasury Stock | (2.6B) | (3.3B) | (4.1B) | (4.7B) | (5.4B) | (5.6B) | |
Intangible Assets | 197M | 298M | 252M | 224M | 1.5B | 2.5B | |
Property Plant Equipment | 9.4B | 9.3B | 12.9B | 12.3B | 14.1B | 8.0B | |
Other Current Liab | (141M) | (228M) | (239.7M) | (2.2B) | (53.5B) | (56.2B) | |
Other Current Assets | 345.6B | 391.5B | 429.6B | 374.0B | 623.7B | 581.6B | |
Short Long Term Debt Total | 177.3B | 200.5B | 218.6B | 193.3B | 366.1B | 211.0B | |
Non Current Liabilities Total | 177.4B | 201.3B | 176.1B | 74.8B | 366.1B | 257.5B | |
Property Plant And Equipment Gross | 12.8B | 13.1B | 27.1B | 27.1B | 35.9B | 37.7B | |
Total Current Liabilities | 59.1B | 85.4B | 88.2B | 74.8B | 42.5B | 50.5B | |
Net Receivables | 18.0B | 24.7B | 26.3B | 23.4B | 21.0B | 17.8B | |
Short Term Debt | 21.8B | 46.7B | 43.1B | 29.7B | 52.9B | 40.1B | |
Long Term Investments | 235.3B | 242.8B | 183.8B | 187.5B | 343.8B | 199.5B | |
Short Long Term Debt | 16.6B | 31.0B | 2.5B | 29.7B | 38.5B | 47.6B | |
Net Tangible Assets | 44.6B | 49.2B | 54.3B | 46.4B | 53.3B | 51.1B | |
Long Term Debt Total | 159.4B | 200.5B | 213.0B | 188.3B | 216.5B | 178.5B | |
Capital Surpluse | 18.1B | 16.8B | 15.9B | 13.5B | 12.2B | 16.9B |
Pair Trading with UBS Group
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 UBS Group 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 UBS Group will appreciate offsetting losses from the drop in the long position's value.Moving together with UBS Stock
0.81 | CM | Canadian Imperial Bank Financial Report 23rd of May 2024 | PairCorr |
0.61 | RY | Royal Bank Financial Report 23rd of May 2024 | PairCorr |
The ability to find closely correlated positions to UBS Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace UBS Group 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 UBS Group - 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 UBS Group AG to buy it.
The correlation of UBS Group 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 UBS Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if UBS Group AG 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 UBS Group 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 World Market Map to better understand how to build diversified portfolios, which includes a position in UBS Group AG. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. Note that the UBS Group AG information on this page should be used as a complementary analysis to other UBS Group'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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
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When running UBS Group's price analysis, check to measure UBS Group'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 UBS Group is operating at the current time. Most of UBS Group's value examination focuses on studying past and present price action to predict the probability of UBS Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move UBS Group's price. Additionally, you may evaluate how the addition of UBS Group to your portfolios can decrease your overall portfolio volatility.
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Is UBS Group'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 UBS Group. If investors know UBS 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 UBS Group 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 0.625 | Dividend Share 0.7 | Earnings Share 8.65 | Revenue Per Share 13.667 | Quarterly Revenue Growth 0.451 |
The market value of UBS Group AG is measured differently than its book value, which is the value of UBS that is recorded on the company's balance sheet. Investors also form their own opinion of UBS Group's value that differs from its market value or its book value, called intrinsic value, which is UBS Group'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 UBS Group's market value can be influenced by many factors that don't directly affect UBS Group'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 UBS Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if UBS Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, UBS Group'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.