Acrivon Depreciation vs Other Non Cash Items Analysis

ACRV Stock   7.35  0.19  2.65%   
Acrivon Therapeutics, financial indicator trend analysis is way more than just evaluating Acrivon Therapeutics, prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Acrivon Therapeutics, is a good investment. Please check the relationship between Acrivon Therapeutics, Depreciation and its Other Non Cash Items accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Acrivon Therapeutics, Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Depreciation vs Other Non Cash Items

Depreciation vs Other Non Cash Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Acrivon Therapeutics, Depreciation account and Other Non Cash Items. At this time, the significance of the direction appears to have pay attention.
The correlation between Acrivon Therapeutics,'s Depreciation and Other Non Cash Items is -0.8. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of Acrivon Therapeutics, Common, assuming nothing else is changed. The correlation between historical values of Acrivon Therapeutics,'s Depreciation and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Acrivon Therapeutics, Common are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Depreciation i.e., Acrivon Therapeutics,'s Depreciation and Other Non Cash Items go up and down completely randomly.

Correlation Coefficient

-0.8
Relationship DirectionNegative 
Relationship StrengthSignificant

Depreciation

Depreciation indicates how much of Acrivon Therapeutics, value has been used up. For tax purposes Acrivon Therapeutics, can deduct the cost of the tangible assets it purchases as business expenses. However, Acrivon Therapeutics, Common must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Other Non Cash Items

Most indicators from Acrivon Therapeutics,'s fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Acrivon Therapeutics, 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 Acrivon Therapeutics, Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Selling General Administrative is likely to climb to about 22.1 M in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses16.2M32.7M66.7M70.0M
Cost Of Revenue832K1.1M536K680.9K

Acrivon Therapeutics, fundamental ratios Correlations

0.960.880.820.870.840.98-0.68-0.810.690.720.780.59-0.620.990.720.220.940.890.390.870.97-0.530.990.90.99
0.960.790.770.70.720.98-0.86-0.770.690.890.630.42-0.60.980.650.470.810.750.630.70.97-0.520.980.770.98
0.880.790.910.90.930.9-0.42-0.930.840.470.580.37-0.810.890.74-0.090.840.970.090.90.92-0.640.890.970.88
0.820.770.910.770.950.86-0.45-1.00.980.530.410.17-0.950.850.93-0.080.730.850.160.770.87-0.890.850.860.83
0.870.70.90.770.920.8-0.23-0.780.630.290.840.71-0.590.820.71-0.270.960.98-0.111.00.82-0.480.820.980.81
0.840.720.930.950.920.83-0.3-0.950.870.370.620.42-0.850.830.92-0.260.870.94-0.040.920.85-0.790.830.950.82
0.980.980.90.860.80.83-0.74-0.860.770.780.650.43-0.711.00.720.290.860.870.470.81.0-0.591.00.880.99
-0.68-0.86-0.42-0.45-0.23-0.3-0.740.44-0.43-0.99-0.28-0.10.34-0.74-0.32-0.85-0.41-0.32-0.94-0.23-0.720.29-0.74-0.34-0.75
-0.81-0.77-0.93-1.0-0.78-0.95-0.860.44-0.97-0.51-0.41-0.170.95-0.84-0.910.09-0.74-0.87-0.14-0.78-0.880.88-0.85-0.88-0.83
0.690.690.840.980.630.870.77-0.43-0.970.50.2-0.05-0.990.750.9-0.060.570.740.180.630.79-0.940.750.750.73
0.720.890.470.530.290.370.78-0.99-0.510.50.310.12-0.410.780.410.80.460.370.910.290.76-0.380.780.40.79
0.780.630.580.410.840.620.65-0.28-0.410.20.310.96-0.120.690.42-0.040.920.740.030.840.64-0.080.680.740.71
0.590.420.370.170.710.420.43-0.1-0.17-0.050.120.960.120.480.22-0.110.790.57-0.090.710.420.150.470.570.5
-0.62-0.6-0.81-0.95-0.59-0.85-0.710.340.95-0.99-0.41-0.120.12-0.67-0.870.14-0.5-0.71-0.09-0.59-0.730.94-0.68-0.71-0.65
0.990.980.890.850.820.831.0-0.74-0.840.750.780.690.48-0.670.720.290.880.870.460.821.0-0.571.00.881.0
0.720.650.740.930.710.920.72-0.32-0.910.90.410.420.22-0.870.72-0.190.70.740.060.710.73-0.930.720.750.71
0.220.47-0.09-0.08-0.27-0.260.29-0.850.09-0.060.8-0.04-0.110.140.29-0.19-0.06-0.20.97-0.270.260.160.29-0.170.3
0.940.810.840.730.960.870.86-0.41-0.740.570.460.920.79-0.50.880.7-0.060.930.090.960.86-0.430.880.930.89
0.890.750.970.850.980.940.87-0.32-0.870.740.370.740.57-0.710.870.74-0.20.93-0.030.980.88-0.560.871.00.86
0.390.630.090.16-0.11-0.040.47-0.94-0.140.180.910.03-0.09-0.090.460.060.970.09-0.03-0.110.43-0.090.460.00.47
0.870.70.90.771.00.920.8-0.23-0.780.630.290.840.71-0.590.820.71-0.270.960.98-0.110.82-0.480.820.980.81
0.970.970.920.870.820.851.0-0.72-0.880.790.760.640.42-0.731.00.730.260.860.880.430.82-0.61.00.90.99
-0.53-0.52-0.64-0.89-0.48-0.79-0.590.290.88-0.94-0.38-0.080.150.94-0.57-0.930.16-0.43-0.56-0.09-0.48-0.6-0.57-0.57-0.55
0.990.980.890.850.820.831.0-0.74-0.850.750.780.680.47-0.681.00.720.290.880.870.460.821.0-0.570.881.0
0.90.770.970.860.980.950.88-0.34-0.880.750.40.740.57-0.710.880.75-0.170.931.00.00.980.9-0.570.880.87
0.990.980.880.830.810.820.99-0.75-0.830.730.790.710.5-0.651.00.710.30.890.860.470.810.99-0.551.00.87
Click cells to compare fundamentals

Acrivon Therapeutics, Account Relationship Matchups

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Acrivon Stock Analysis

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