E2open Current Deferred Revenue vs Total Stockholder Equity Analysis
| ETWO Stock | USD 3.10 0.07 2.31% |
E2open Parent financial indicator trend analysis is much more than just examining E2open Parent Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether E2open Parent Holdings is a good investment. Please check the relationship between E2open Parent Current Deferred Revenue and its Total Stockholder Equity accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in E2open Parent Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
Current Deferred Revenue vs Total Stockholder Equity
Current Deferred Revenue vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of E2open Parent Holdings Current Deferred Revenue account and Total Stockholder Equity. At this time, the significance of the direction appears to have very week relationship.
The correlation between E2open Parent's Current Deferred Revenue and Total Stockholder Equity is 0.24. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of E2open Parent Holdings, assuming nothing else is changed. The correlation between historical values of E2open Parent's Current Deferred Revenue and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of E2open Parent Holdings are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Current Deferred Revenue i.e., E2open Parent's Current Deferred Revenue and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.24 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Most indicators from E2open Parent's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into E2open Parent Holdings 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in E2open Parent Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. As of the 26th of November 2024, Selling General Administrative is likely to drop to about 64.1 M. In addition to that, Tax Provision is likely to drop to about (86.5 M)
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 33.7M | 76.8M | 102.5M | 55.5M | Depreciation And Amortization | 158.3M | 220.9M | 222.1M | 140.4M |
E2open Parent fundamental ratios Correlations
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E2open Parent Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with E2open Parent
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 E2open Parent 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 E2open Parent will appreciate offsetting losses from the drop in the long position's value.Moving against E2open Stock
| 0.9 | DUOT | Duos Technologies | PairCorr |
| 0.87 | DOCU | DocuSign | PairCorr |
| 0.83 | BL | Blackline | PairCorr |
| 0.76 | VERX | Vertex | PairCorr |
| 0.76 | DSGX | Descartes Systems Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to E2open Parent could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace E2open Parent 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 E2open Parent - 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 E2open Parent Holdings to buy it.
The correlation of E2open Parent 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 E2open Parent moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if E2open Parent Holdings 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 E2open Parent 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in E2open Parent Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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 E2open Parent. If investors know E2open 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 E2open Parent listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.55) | Revenue Per Share 1.674 | Quarterly Revenue Growth (0.04) | Return On Assets (0) | Return On Equity (0.26) |
The market value of E2open Parent Holdings is measured differently than its book value, which is the value of E2open that is recorded on the company's balance sheet. Investors also form their own opinion of E2open Parent's value that differs from its market value or its book value, called intrinsic value, which is E2open Parent'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 E2open Parent's market value can be influenced by many factors that don't directly affect E2open Parent'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 E2open Parent's value and its price as these two are different measures arrived at by different means. Investors typically determine if E2open Parent is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, E2open Parent'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.