Ambow Net Income vs Change To Netincome Analysis
AMBO Stock | USD 1.80 0.17 8.63% |
Ambow Education financial indicator trend analysis is way more than just evaluating Ambow Education Holding prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ambow Education Holding is a good investment. Please check the relationship between Ambow Education Net Income and its Change To Netincome accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ambow Education Holding. 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.
Net Income vs Change To Netincome
Net Income vs Change To Netincome Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ambow Education Holding Net Income account and Change To Netincome. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Ambow Education's Net Income and Change To Netincome is -0.16. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Change To Netincome in the same time period over historical financial statements of Ambow Education Holding, assuming nothing else is changed. The correlation between historical values of Ambow Education's Net Income and Change To Netincome is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Ambow Education Holding are associated (or correlated) with its Change To Netincome. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Netincome has no effect on the direction of Net Income i.e., Ambow Education's Net Income and Change To Netincome go up and down completely randomly.
Correlation Coefficient | -0.16 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Ambow Education Holding financial statement analysis. It represents the amount of money remaining after all of Ambow Education Holding operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Change To Netincome
Most indicators from Ambow Education's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ambow Education Holding 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 Ambow Education Holding. 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. As of the 1st of December 2024, Tax Provision is likely to grow to about 14.7 K, while Selling General Administrative is likely to drop about 5 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 239.9M | 60.3M | 6.8M | 6.5M | Cost Of Revenue | 339.6M | 102.9M | 6.7M | 6.3M |
Ambow Education fundamental ratios Correlations
Click cells to compare fundamentals
Ambow Education Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ambow Education fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.0B | 1.0B | 970.2M | 176.0M | 20.6M | 19.5M | |
Other Current Liab | 366.0M | (370.2M) | 264.3M | 69.4M | 924K | 877.8K | |
Total Current Liabilities | 609.0M | 643.6M | 603.2M | 82.1M | 9.8M | 9.3M | |
Total Stockholder Equity | 164.3M | 143.1M | 146.2M | 54.3M | 6.4M | 6.1M | |
Property Plant And Equipment Net | 426.6M | 398.0M | 330.7M | 49.6M | 4.9M | 4.7M | |
Current Deferred Revenue | 174.7M | 163.7M | 98.6M | 9.9K | 544K | 516.8K | |
Net Debt | 112.0M | 174.8M | 106.1M | 53.0M | 5.9M | 6.2M | |
Retained Earnings | (3.4B) | (3.4B) | (3.4B) | (3.5B) | (510.6M) | (536.2M) | |
Accounts Payable | 14.7M | 3.0M | 2.8M | 2.4M | 1.4M | 1.3M | |
Cash | 157.6M | 118.8M | 157.4M | 22.8M | 4.8M | 4.6M | |
Non Current Assets Total | 621.2M | 625.6M | 521.9M | 66.8M | 8.1M | 7.7M | |
Non Currrent Assets Other | 63.8M | 137.3M | 22.5M | 13.6M | 2.6M | 2.5M | |
Cash And Short Term Investments | 246.1M | 281.7M | 175.2M | 22.8M | 4.8M | 4.6M | |
Net Receivables | 112.6M | 24.0M | 117.6M | 13.7M | 2.3M | 2.2M | |
Common Stock Shares Outstanding | 21.8M | 22.2M | 23.3M | 24.7M | 28.6M | 30.0M | |
Liabilities And Stockholders Equity | 1.0B | 1.0B | 970.2M | 176.0M | 20.6M | 19.5M | |
Non Current Liabilities Total | 248.2M | 265.0M | 220.3M | 39.6M | 4.3M | 4.1M | |
Other Current Assets | 20.2M | 118.5M | 341.6M | 42.6M | 5.4M | 5.1M | |
Other Stockholder Equity | 3.5B | 3.5B | 3.6B | 3.5B | 517.8M | 491.9M | |
Total Liab | 857.2M | 908.6M | 823.5M | 121.7M | 14.1M | 13.4M | |
Total Current Assets | 399.6M | 424.1M | 448.3M | 109.1M | 12.5M | 11.9M | |
Accumulated Other Comprehensive Income | 26.5M | 16.3M | 15.1M | 9.0M | (908.5K) | (863.1K) | |
Short Term Debt | 53.5M | 117.4M | 92.4M | 6.0M | 6.4M | 6.1M | |
Intangible Assets | 58.4M | 56.5M | 30.0M | 3.7M | 522K | 495.9K | |
Common Stock | 820K | 884K | 885K | 993K | 159K | 151.1K | |
Other Assets | 62.7M | 19.1M | 79.3M | 143.7M | 165.2M | 173.5M | |
Property Plant Equipment | 168.4M | 165.9M | 421.3M | 398.0M | 457.6M | 480.5M | |
Short Long Term Debt Total | 269.6M | 293.6M | 263.5M | 75.8M | 10.8M | 10.2M | |
Other Liab | 9.7M | 2.3M | 32.2M | 35.1M | 31.5M | 16.6M | |
Short Term Investments | 117.2M | 88.5M | 162.9M | 17.8M | 20.4M | 19.4M | |
Inventory | 20.8M | 824K | 147.8M | 30.1M | 5.4M | 5.1M | |
Net Tangible Assets | (4.5M) | 97.2M | 45.6M | 60.9M | 70.0M | 73.5M | |
Capital Lease Obligations | 269.6M | 274.0M | 247.6M | 54.9M | 6.8M | 6.5M | |
Long Term Investments | 1.8M | 2.4M | 1.9M | 1.7M | 2.0M | 1.2M |
Pair Trading with Ambow Education
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 Ambow Education 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 Ambow Education will appreciate offsetting losses from the drop in the long position's value.Moving against Ambow Stock
The ability to find closely correlated positions to Ambow Education could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ambow Education 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 Ambow Education - 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 Ambow Education Holding to buy it.
The correlation of Ambow Education 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 Ambow Education moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ambow Education Holding 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 Ambow Education 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Ambow Education Holding. 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. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Diversified Consumer Services 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 Ambow Education. If investors know Ambow 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 Ambow Education 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 3.361 | Earnings Share (1.20) | Revenue Per Share 3.253 | Quarterly Revenue Growth (0.40) | Return On Assets (0.12) |
The market value of Ambow Education Holding is measured differently than its book value, which is the value of Ambow that is recorded on the company's balance sheet. Investors also form their own opinion of Ambow Education's value that differs from its market value or its book value, called intrinsic value, which is Ambow Education'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 Ambow Education's market value can be influenced by many factors that don't directly affect Ambow Education'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 Ambow Education's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ambow Education is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ambow Education'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.