ACV Non Operating Income Net Other vs Interest Income Analysis

ACVA Stock  USD 22.96  0.99  4.51%   
ACV Auctions financial indicator trend analysis is way more than just evaluating ACV Auctions prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ACV Auctions is a good investment. Please check the relationship between ACV Auctions Non Operating Income Net Other and its Interest Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ACV Auctions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
For information on how to trade ACV Stock refer to our How to Trade ACV Stock guide.

Non Operating Income Net Other vs Interest Income

Non Operating Income Net Other vs Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ACV Auctions Non Operating Income Net Other account and Interest Income. At this time, the significance of the direction appears to have almost identical trend.
The correlation between ACV Auctions' Non Operating Income Net Other and Interest Income is 0.9. Overlapping area represents the amount of variation of Non Operating Income Net Other that can explain the historical movement of Interest Income in the same time period over historical financial statements of ACV Auctions, assuming nothing else is changed. The correlation between historical values of ACV Auctions' Non Operating Income Net Other and Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Operating Income Net Other of ACV Auctions are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Non Operating Income Net Other i.e., ACV Auctions' Non Operating Income Net Other and Interest Income go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Non Operating Income Net Other

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Most indicators from ACV Auctions' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ACV Auctions 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 ACV Auctions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
For information on how to trade ACV Stock refer to our How to Trade ACV Stock guide.At present, ACV Auctions' Issuance Of Capital Stock is projected to decrease significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.41, whereas Tax Provision is forecasted to decline to about 407.7 K.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization8.8M11.4M19.3M11.1M
Interest Income129K5.1M16.5M17.3M

ACV Auctions fundamental ratios Correlations

0.740.960.990.990.560.970.350.93-0.28-0.90.990.710.940.670.690.981.00.980.980.58-0.95-0.060.960.970.13
0.740.850.680.70.50.81-0.30.670.42-0.960.670.170.860.970.410.630.770.820.740.85-0.62-0.590.780.84-0.04
0.960.850.930.940.610.950.160.89-0.05-0.960.930.510.990.790.590.90.980.990.970.61-0.86-0.290.970.960.2
0.990.680.930.980.60.960.450.9-0.37-0.861.00.780.90.610.730.990.980.950.960.56-0.950.040.950.950.16
0.990.70.940.980.450.970.330.96-0.32-0.860.980.710.930.620.660.980.980.970.990.52-0.98-0.040.910.970.04
0.560.50.610.60.450.470.420.24-0.07-0.590.590.380.540.450.420.540.570.530.480.41-0.32-0.10.770.490.73
0.970.810.950.960.970.470.210.93-0.17-0.930.960.670.930.760.720.950.970.960.950.71-0.95-0.10.911.0-0.06
0.35-0.30.160.450.330.420.210.2-0.930.030.460.80.08-0.320.510.480.30.190.26-0.21-0.370.780.340.180.44
0.930.670.890.90.960.240.930.2-0.26-0.810.890.620.90.620.640.890.930.930.960.48-0.96-0.060.80.92-0.1
-0.280.42-0.05-0.37-0.32-0.07-0.17-0.93-0.26-0.15-0.38-0.790.010.44-0.45-0.43-0.22-0.12-0.220.310.41-0.86-0.16-0.13-0.15
-0.9-0.96-0.96-0.86-0.86-0.59-0.930.03-0.81-0.15-0.85-0.41-0.96-0.91-0.56-0.82-0.92-0.94-0.89-0.790.790.4-0.92-0.95-0.07
0.990.670.931.00.980.590.960.460.89-0.38-0.850.790.90.60.730.990.980.950.950.55-0.950.050.950.950.16
0.710.170.510.780.710.380.670.80.62-0.79-0.410.790.450.150.810.820.660.560.610.32-0.780.630.610.640.01
0.940.860.990.90.930.540.930.080.90.01-0.960.90.450.80.550.860.970.990.970.59-0.85-0.350.940.940.17
0.670.970.790.610.620.450.76-0.320.620.44-0.910.60.150.80.520.550.710.740.670.89-0.54-0.50.710.78-0.08
0.690.410.590.730.660.420.720.510.64-0.45-0.560.730.810.550.520.720.690.590.610.59-0.690.470.640.680.0
0.980.630.90.990.980.540.950.480.89-0.43-0.820.990.820.860.550.720.960.930.940.54-0.970.090.910.950.08
1.00.770.980.980.980.570.970.30.93-0.22-0.920.980.660.970.710.690.960.990.990.59-0.93-0.110.960.970.15
0.980.820.990.950.970.530.960.190.93-0.12-0.940.950.560.990.740.590.930.990.990.58-0.91-0.240.950.970.13
0.980.740.970.960.990.480.950.260.96-0.22-0.890.950.610.970.670.610.940.990.990.5-0.94-0.160.930.950.13
0.580.850.610.560.520.410.71-0.210.480.31-0.790.550.320.590.890.590.540.590.580.5-0.52-0.250.590.72-0.29
-0.95-0.62-0.86-0.95-0.98-0.32-0.95-0.37-0.960.410.79-0.95-0.78-0.85-0.54-0.69-0.97-0.93-0.91-0.94-0.52-0.08-0.82-0.940.11
-0.06-0.59-0.290.04-0.04-0.1-0.10.78-0.06-0.860.40.050.63-0.35-0.50.470.09-0.11-0.24-0.16-0.25-0.08-0.17-0.16-0.04
0.960.780.970.950.910.770.910.340.8-0.16-0.920.950.610.940.710.640.910.960.950.930.59-0.82-0.170.920.35
0.970.840.960.950.970.491.00.180.92-0.13-0.950.950.640.940.780.680.950.970.970.950.72-0.94-0.160.92-0.04
0.13-0.040.20.160.040.73-0.060.44-0.1-0.15-0.070.160.010.17-0.080.00.080.150.130.13-0.290.11-0.040.35-0.04
Click cells to compare fundamentals

ACV Auctions Account Relationship Matchups

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether ACV Auctions offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ACV Auctions' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Acv Auctions Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Acv Auctions Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ACV Auctions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
For information on how to trade ACV Stock refer to our How to Trade ACV Stock guide.
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Is Commercial Services & Supplies space 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 ACV Auctions. If investors know ACV 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 ACV Auctions 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
3.644
Quarterly Revenue Growth
0.44
Return On Assets
(0.05)
Return On Equity
(0.17)
The market value of ACV Auctions is measured differently than its book value, which is the value of ACV that is recorded on the company's balance sheet. Investors also form their own opinion of ACV Auctions' value that differs from its market value or its book value, called intrinsic value, which is ACV Auctions' 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 ACV Auctions' market value can be influenced by many factors that don't directly affect ACV Auctions' 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 ACV Auctions' value and its price as these two are different measures arrived at by different means. Investors typically determine if ACV Auctions is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ACV Auctions' 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.