AudioEye Research Development vs Ebitda Analysis
AEYE Stock | USD 27.23 1.99 7.88% |
AudioEye financial indicator trend analysis is way more than just evaluating AudioEye prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AudioEye is a good investment. Please check the relationship between AudioEye Research Development and its Ebitda accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AudioEye. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. For information on how to trade AudioEye Stock refer to our How to Trade AudioEye Stock guide.
Research Development vs Ebitda
Research Development vs Ebitda Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AudioEye Research Development account and Ebitda. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between AudioEye's Research Development and Ebitda is -0.27. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Ebitda in the same time period over historical financial statements of AudioEye, assuming nothing else is changed. The correlation between historical values of AudioEye's Research Development and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Research Development of AudioEye are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Research Development i.e., AudioEye's Research Development and Ebitda go up and down completely randomly.
Correlation Coefficient | -0.27 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Research Development
Ebitda
Most indicators from AudioEye's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AudioEye 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 AudioEye. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. For information on how to trade AudioEye Stock refer to our How to Trade AudioEye Stock guide.The current year's Enterprise Value is expected to grow to about 220.6 M, whereas Selling General Administrative is forecasted to decline to about 7.5 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 33.9M | 33.1M | 30.3M | 31.8M | Cost Of Revenue | 6.1M | 7.2M | 7.0M | 7.3M |
AudioEye fundamental ratios Correlations
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AudioEye Account Relationship Matchups
High Positive Relationship
High Negative Relationship
AudioEye fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 8.1M | 9.3M | 11.0M | 11.5M | 11.8M | 6.1M | |
Total Assets | 9.2M | 18.3M | 29.3M | 24.4M | 25.5M | 26.8M | |
Short Long Term Debt Total | 968.5K | 2.0M | 967K | 2.5M | 7.5M | 7.8M | |
Other Current Liab | 120.4K | (278K) | (810K) | 979K | 2.1M | 2.2M | |
Total Current Liabilities | 6.7M | 9.0M | 11.2M | 11.1M | 11.5M | 12.1M | |
Total Stockholder Equity | 1.6M | 7.6M | 17.6M | 10.6M | 6.7M | 5.4M | |
Property Plant And Equipment Net | 982.8K | 708K | 1.0M | 1.3M | 829K | 502.7K | |
Current Deferred Revenue | 5.4M | 6.3M | 7.1M | 7.1M | 6.5M | 3.7M | |
Net Debt | (1.0M) | (7.1M) | (18.0M) | (5.6M) | (1.8M) | (1.9M) | |
Retained Earnings | (49.9M) | (57.1M) | (71.3M) | (82.5M) | (89.5M) | (85.0M) | |
Accounts Payable | 972.7K | 2.2M | 3.5M | 2.5M | 2.3M | 1.3M | |
Cash | 2.0M | 9.1M | 19.0M | 6.9M | 9.2M | 5.1M | |
Non Current Assets Total | 3.5M | 3.6M | 4.5M | 11.5M | 10.7M | 11.3M | |
Cash And Short Term Investments | 2.0M | 9.1M | 19.0M | 6.9M | 9.2M | 5.1M | |
Net Receivables | 3.1M | 5.1M | 5.3M | 5.4M | 4.8M | 5.1M | |
Common Stock Total Equity | 1.6K | 76.0 | 89.0 | 1K | 1.2K | 763.7 | |
Liabilities And Stockholders Equity | 9.2M | 18.3M | 29.3M | 24.4M | 25.5M | 26.8M | |
Non Current Liabilities Total | 860.2K | 1.6M | 500K | 2.8M | 7.3M | 7.6M | |
Other Stockholder Equity | 51.5M | 64.7M | 88.9M | 93.1M | 96.2M | 50.9M | |
Total Liab | 7.6M | 10.6M | 11.7M | 13.8M | 18.8M | 19.7M | |
Property Plant And Equipment Gross | 156.2K | 708K | 1.2M | 1.6M | 1.1M | 1.1M | |
Total Current Assets | 5.6M | 14.6M | 24.8M | 13.0M | 14.8M | 7.8M | |
Short Term Debt | 261.5K | 775K | 944K | 506K | 638K | 330.4K | |
Common Stock | 1.6K | 76.0 | 89.0 | 1K | 1.2K | 815.44 | |
Non Currrent Assets Other | 144.9K | 77K | 129K | 105K | 106K | 111.3K | |
Other Current Assets | 335.6K | 440K | 554K | 595K | 712K | 406.6K | |
Intangible Assets | 1.7M | 2.1M | 2.6M | 6.0M | 5.8M | 3.4M | |
Property Plant Equipment | 983K | 91K | 1.0M | 161K | 185.2K | 295.7K | |
Net Tangible Assets | (851K) | 4.8M | 14.3M | 547K | 629.1K | 597.6K | |
Capital Surpluse | 48.0M | 51.5M | 64.7M | 93.1M | 107.0M | 112.4M | |
Other Liab | 153K | 83K | 5K | 2.0M | 2.3M | 2.4M |
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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 AudioEye is a strong investment it is important to analyze AudioEye's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact AudioEye's future performance. For an informed investment choice regarding AudioEye Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AudioEye. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. For information on how to trade AudioEye Stock refer to our How to Trade AudioEye Stock guide.You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Application Software 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 AudioEye. If investors know AudioEye 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 AudioEye listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.27) | Revenue Per Share 2.824 | Quarterly Revenue Growth 0.139 | Return On Assets (0.01) | Return On Equity (0.44) |
The market value of AudioEye is measured differently than its book value, which is the value of AudioEye that is recorded on the company's balance sheet. Investors also form their own opinion of AudioEye's value that differs from its market value or its book value, called intrinsic value, which is AudioEye'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 AudioEye's market value can be influenced by many factors that don't directly affect AudioEye'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 AudioEye's value and its price as these two are different measures arrived at by different means. Investors typically determine if AudioEye is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AudioEye'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.