ABPRO Retained Earnings vs Net Receivables Analysis

ABP Stock

3.11 0.07 2.20%

ABPRO P financial indicator trend analysis is way more than just evaluating ABPRO P prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ABPRO P is a good investment. Please check the relationship between ABPRO P Retained Earnings and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ABPRO P. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

To learn how to invest in ABPRO Stock, please use our How to Invest in ABPRO P guide.

Retained Earnings vs Net Receivables

Retained Earnings vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ABPRO P Retained Earnings account and Net Receivables. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between ABPRO P's Retained Earnings and Net Receivables is -0.7. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Net Receivables in the same time period over historical financial statements of ABPRO P, assuming nothing else is changed. The correlation between historical values of ABPRO P's Retained Earnings and Net Receivables 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 ABPRO P are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Retained Earnings i.e., ABPRO P's Retained Earnings and Net Receivables go up and down completely randomly.

Correlation Coefficient

-0.7

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

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.

Net Receivables

Most indicators from ABPRO P's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ABPRO P 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 ABPRO P. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

To learn how to invest in ABPRO Stock, please use our How to Invest in ABPRO P guide.At this time, ABPRO P's Selling General Administrative is relatively stable compared to the past year. As of 11/24/2024, Sales General And Administrative To Revenue is likely to grow to 65.43, while Tax Provision is likely to drop 0.00.

	2017	2023	2024 (projected)
Total Operating Expenses	13.0M	11.9M	13.5M
Cost Of Revenue	1.5M	1.4M	1.3M

Total Operating Expenses Cost Of Revenue

ABPRO P fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Preferred Stock Total Equity	Total Current Assets	Treasury Stock	Common Stock	Property Plant Equipment	Other Liab	Short Long Term Debt Total
Total Assets		0.07	0.15	-0.07	0.54	-0.25	-0.73	-0.07	0.21	0.87	0.56	0.38	0.4	0.87	0.57	0.27	-0.44	0.16	0.25	0.38	0.98	-0.62	0.18	0.45	0.62	-0.64
Other Current Liab	0.07		0.74	-0.83	0.77	-0.84	0.5	-0.83	0.7	-0.31	0.8	-0.05	0.87	-0.31	0.32	0.78	0.87	0.77	0.78	0.88	-0.12	0.65	-0.64	0.85	-0.66	0.68
Total Current Liabilities	0.15	0.74		-0.98	0.87	-0.98	0.55	-0.98	0.99	-0.35	0.83	-0.6	0.9	-0.35	0.77	0.99	0.58	1.0	0.99	0.9	-0.06	0.4	-0.93	0.89	-0.27	0.39
Total Stockholder Equity	-0.07	-0.83	-0.98		-0.87	0.98	-0.63	1.0	-0.96	0.43	-0.85	0.55	-0.88	0.43	-0.7	-0.97	-0.7	-0.98	-0.98	-0.89	0.14	-0.47	0.94	-0.87	0.44	-0.48
Property Plant And Equipment Net	0.54	0.77	0.87	-0.87		-0.94	0.17	-0.87	0.89	0.06	0.99	-0.22	0.94	0.06	0.83	0.94	0.41	0.89	0.93	0.93	0.35	0.11	-0.68	0.95	-0.13	0.12
Current Deferred Revenue	-0.25	-0.84	-0.98	0.98	-0.94		-0.47	0.98	-0.97	0.25	-0.92	0.43	-0.96	0.25	-0.75	-1.0	-0.62	-0.99	-0.99	-0.96	-0.04	-0.39	0.87	-0.95	0.31	-0.39
Net Debt	-0.73	0.5	0.55	-0.63	0.17	-0.47		-0.63	0.5	-0.97	0.13	-0.68	0.28	-0.97	0.04	0.45	0.81	0.54	0.47	0.3	-0.86	0.79	-0.78	0.24	-0.78	0.81
Retained Earnings	-0.07	-0.83	-0.98	1.0	-0.87	0.98	-0.63		-0.96	0.43	-0.84	0.54	-0.88	0.43	-0.7	-0.97	-0.7	-0.98	-0.98	-0.89	0.14	-0.47	0.94	-0.87	0.45	-0.48
Accounts Payable	0.21	0.7	0.99	-0.96	0.89	-0.97	0.5	-0.96		-0.29	0.85	-0.61	0.88	-0.29	0.83	0.99	0.51	0.99	0.99	0.88	0.01	0.3	-0.92	0.88	-0.2	0.29
Cash	0.87	-0.31	-0.35	0.43	0.06	0.25	-0.97	0.43	-0.29		0.1	0.66	-0.06	1.0	0.14	-0.24	-0.71	-0.34	-0.25	-0.07	0.95	-0.76	0.63	-0.01	0.75	-0.78
Non Current Assets Total	0.56	0.8	0.83	-0.85	0.99	-0.92	0.13	-0.84	0.85	0.1		-0.13	0.94	0.1	0.78	0.91	0.43	0.85	0.9	0.93	0.38	0.12	-0.63	0.95	-0.15	0.13
Non Currrent Assets Other	0.38	-0.05	-0.6	0.55	-0.22	0.43	-0.68	0.54	-0.61	0.66	-0.13		-0.18	0.66	-0.51	-0.49	-0.21	-0.56	-0.51	-0.18	0.47	-0.2	0.79	-0.17	0.11	-0.18
Other Assets	0.4	0.87	0.9	-0.88	0.94	-0.96	0.28	-0.88	0.88	-0.06	0.94	-0.18		-0.06	0.66	0.94	0.58	0.91	0.93	1.0	0.2	0.38	-0.69	1.0	-0.23	0.36
Cash And Short Term Investments	0.87	-0.31	-0.35	0.43	0.06	0.25	-0.97	0.43	-0.29	1.0	0.1	0.66	-0.06		0.14	-0.24	-0.71	-0.34	-0.25	-0.07	0.95	-0.76	0.63	-0.01	0.75	-0.78
Net Receivables	0.57	0.32	0.77	-0.7	0.83	-0.75	0.04	-0.7	0.83	0.14	0.78	-0.51	0.66	0.14		0.81	-0.02	0.77	0.8	0.65	0.44	-0.27	-0.65	0.7	0.27	-0.28
Non Current Liabilities Total	0.27	0.78	0.99	-0.97	0.94	-1.0	0.45	-0.97	0.99	-0.24	0.91	-0.49	0.94	-0.24	0.81		0.56	0.99	1.0	0.93	0.06	0.33	-0.88	0.93	-0.24	0.32
Other Current Assets	-0.44	0.87	0.58	-0.7	0.41	-0.62	0.81	-0.7	0.51	-0.71	0.43	-0.21	0.58	-0.71	-0.02	0.56		0.6	0.56	0.59	-0.6	0.9	-0.65	0.53	-0.91	0.94
Other Stockholder Equity	0.16	0.77	1.0	-0.98	0.89	-0.99	0.54	-0.98	0.99	-0.34	0.85	-0.56	0.91	-0.34	0.77	0.99	0.6		0.99	0.91	-0.04	0.41	-0.92	0.91	-0.28	0.39
Total Liab	0.25	0.78	0.99	-0.98	0.93	-0.99	0.47	-0.98	0.99	-0.25	0.9	-0.51	0.93	-0.25	0.8	1.0	0.56	0.99		0.93	0.05	0.34	-0.89	0.93	-0.25	0.33
Preferred Stock Total Equity	0.38	0.88	0.9	-0.89	0.93	-0.96	0.3	-0.89	0.88	-0.07	0.93	-0.18	1.0	-0.07	0.65	0.93	0.59	0.91	0.93		0.19	0.4	-0.7	1.0	-0.25	0.38
Total Current Assets	0.98	-0.12	-0.06	0.14	0.35	-0.04	-0.86	0.14	0.01	0.95	0.38	0.47	0.2	0.95	0.44	0.06	-0.6	-0.04	0.05	0.19		-0.73	0.36	0.26	0.72	-0.76
Treasury Stock	-0.62	0.65	0.4	-0.47	0.11	-0.39	0.79	-0.47	0.3	-0.76	0.12	-0.2	0.38	-0.76	-0.27	0.33	0.9	0.41	0.34	0.4	-0.73		-0.49	0.33	-0.8	0.99
Common Stock	0.18	-0.64	-0.93	0.94	-0.68	0.87	-0.78	0.94	-0.92	0.63	-0.63	0.79	-0.69	0.63	-0.65	-0.88	-0.65	-0.92	-0.89	-0.7	0.36	-0.49		-0.68	0.43	-0.49
Property Plant Equipment	0.45	0.85	0.89	-0.87	0.95	-0.95	0.24	-0.87	0.88	-0.01	0.95	-0.17	1.0	-0.01	0.7	0.93	0.53	0.91	0.93	1.0	0.26	0.33	-0.68		-0.18	0.31
Other Liab	0.62	-0.66	-0.27	0.44	-0.13	0.31	-0.78	0.45	-0.2	0.75	-0.15	0.11	-0.23	0.75	0.27	-0.24	-0.91	-0.28	-0.25	-0.25	0.72	-0.8	0.43	-0.18		-0.87
Short Long Term Debt Total	-0.64	0.68	0.39	-0.48	0.12	-0.39	0.81	-0.48	0.29	-0.78	0.13	-0.18	0.36	-0.78	-0.28	0.32	0.94	0.39	0.33	0.38	-0.76	0.99	-0.49	0.31	-0.87

Click cells to compare fundamentals

ABPRO P Account Relationship Matchups

Pair Trading with ABPRO P

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

Moving together with ABPRO Stock

0.72	ME	23Andme Holding	Pair Corr
0.69	JNJ	Johnson Johnson Sell-off Trend	Pair Corr

Moving against ABPRO Stock

0.6	RNXT	RenovoRx	Pair Corr
0.54	MDGL	Madrigal Pharmaceuticals	Pair Corr
0.39	KEP	Korea Electric Power	Pair Corr

The ability to find closely correlated positions to ABPRO P could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ABPRO P 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 ABPRO P - 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 ABPRO P to buy it.

The correlation of ABPRO P 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 ABPRO P moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ABPRO P 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 ABPRO P 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 Correlation Correlation Matching

Additional Tools for ABPRO Stock Analysis

When running ABPRO P's price analysis, check to measure ABPRO P'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 ABPRO P is operating at the current time. Most of ABPRO P's value examination focuses on studying past and present price action to predict the probability of ABPRO P's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ABPRO P's price. Additionally, you may evaluate how the addition of ABPRO P to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC