Aberdeen Total Assets vs Short Term Investments Analysis

FCO Stock  USD 5.92  0.10  1.66%   
Aberdeen Global financial indicator trend analysis is way more than just evaluating Aberdeen Global IF prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aberdeen Global IF is a good investment. Please check the relationship between Aberdeen Global Total Assets and its Short Term Investments accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Aberdeen Global IF. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Total Assets vs Short Term Investments

Total Assets vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aberdeen Global IF Total Assets account and Short Term Investments. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Aberdeen Global's Total Assets and Short Term Investments is -0.52. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Aberdeen Global IF, assuming nothing else is changed. The correlation between historical values of Aberdeen Global's Total Assets and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Aberdeen Global IF are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Total Assets i.e., Aberdeen Global's Total Assets and Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.52
Relationship DirectionNegative 
Relationship StrengthVery Weak

Total Assets

Total assets refers to the total amount of Aberdeen Global assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Aberdeen Global IF books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Short Term Investments

Short Term Investments is an item under the current assets section of Aberdeen Global balance sheet. It contains any investments Aberdeen Global IF undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Aberdeen Global IF can easily liquidate in the marketplace.
Most indicators from Aberdeen Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aberdeen Global IF 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 Aberdeen Global IF. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
At this time, Aberdeen Global's Selling General Administrative is very stable compared to the past year. As of the 22nd of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.14, while Issuance Of Capital Stock is likely to drop about 9.2 M.
 2021 2022 2023 2024 (projected)
Interest Income4.0M4.8M4.3M4.0M
Net Interest Income3.6M3.7M3.3M3.5M

Aberdeen Global fundamental ratios Correlations

0.660.950.920.790.410.85-0.680.60.320.510.98-0.50.260.330.980.660.761.0-0.990.83-0.560.240.8-0.520.9
0.660.520.410.460.350.71-0.540.540.630.620.56-0.210.220.030.611.00.430.65-0.660.73-0.21-0.320.63-0.190.6
0.950.520.980.70.460.73-0.490.610.120.210.95-0.420.250.330.920.520.70.94-0.930.69-0.470.30.65-0.590.89
0.920.410.980.720.510.74-0.480.630.010.170.96-0.490.320.270.910.430.730.91-0.90.69-0.540.390.65-0.580.86
0.790.460.70.720.410.74-0.530.490.170.540.83-0.750.340.20.830.480.880.79-0.790.73-0.810.270.65-0.530.65
0.410.350.460.510.410.440.040.91-0.180.020.5-0.310.88-0.60.40.430.390.36-0.360.4-0.35-0.20.3-0.430.22
0.850.710.730.740.740.44-0.820.590.40.630.84-0.440.340.170.850.720.680.85-0.851.0-0.50.270.95-0.320.78
-0.68-0.54-0.49-0.48-0.530.04-0.82-0.14-0.54-0.77-0.630.290.03-0.45-0.7-0.51-0.53-0.70.71-0.850.34-0.4-0.930.02-0.7
0.60.540.610.630.490.910.59-0.14-0.090.20.64-0.370.78-0.50.580.60.430.56-0.550.56-0.41-0.230.45-0.510.36
0.320.630.120.010.17-0.180.4-0.54-0.090.690.180.05-0.130.240.280.590.070.34-0.350.440.06-0.250.440.110.31
0.510.620.210.170.540.020.63-0.770.20.690.43-0.40.120.120.530.610.430.52-0.510.68-0.45-0.060.72-0.010.36
0.980.560.950.960.830.50.84-0.630.640.180.43-0.550.370.280.990.570.80.97-0.960.82-0.610.340.78-0.570.87
-0.5-0.21-0.42-0.49-0.75-0.31-0.440.29-0.370.05-0.4-0.55-0.28-0.04-0.53-0.24-0.77-0.490.41-0.440.98-0.18-0.380.35-0.36
0.260.220.250.320.340.880.340.030.78-0.130.120.37-0.28-0.620.280.290.290.23-0.230.32-0.32-0.190.24-0.430.01
0.330.030.330.270.2-0.60.17-0.45-0.50.240.120.28-0.04-0.620.33-0.040.320.38-0.390.17-0.060.540.250.00.57
0.980.610.920.910.830.40.85-0.70.580.280.530.99-0.530.280.330.610.790.99-0.980.83-0.590.330.81-0.520.87
0.661.00.520.430.480.430.72-0.510.60.590.610.57-0.240.29-0.040.610.440.65-0.660.73-0.24-0.340.63-0.210.58
0.760.430.70.730.880.390.68-0.530.430.070.430.8-0.770.290.320.790.440.77-0.760.66-0.790.280.62-0.530.73
1.00.650.940.910.790.360.85-0.70.560.340.520.97-0.490.230.380.990.650.77-0.990.83-0.550.260.81-0.520.91
-0.99-0.66-0.93-0.9-0.79-0.36-0.850.71-0.55-0.35-0.51-0.960.41-0.23-0.39-0.98-0.66-0.76-0.99-0.840.48-0.26-0.810.52-0.92
0.830.730.690.690.730.41.0-0.850.560.440.680.82-0.440.320.170.830.730.660.83-0.84-0.490.250.96-0.280.76
-0.56-0.21-0.47-0.54-0.81-0.35-0.50.34-0.410.06-0.45-0.610.98-0.32-0.06-0.59-0.24-0.79-0.550.48-0.49-0.23-0.450.36-0.4
0.24-0.320.30.390.27-0.20.27-0.4-0.23-0.25-0.060.34-0.18-0.190.540.33-0.340.280.26-0.260.25-0.230.320.090.34
0.80.630.650.650.650.30.95-0.930.450.440.720.78-0.380.240.250.810.630.620.81-0.810.96-0.450.32-0.160.77
-0.52-0.19-0.59-0.58-0.53-0.43-0.320.02-0.510.11-0.01-0.570.35-0.430.0-0.52-0.21-0.53-0.520.52-0.280.360.09-0.16-0.33
0.90.60.890.860.650.220.78-0.70.360.310.360.87-0.360.010.570.870.580.730.91-0.920.76-0.40.340.77-0.33
Click cells to compare fundamentals

Aberdeen Global Account Relationship Matchups

Aberdeen Global fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets81.3M78.3M62.2M71.1M64.0M99.0M
Other Current Liab(703.9K)(317.7K)810.2K(82.1K)(73.9K)(70.2K)
Total Stockholder Equity57.1M55.7M43.8M50.1M45.1M74.3M
Net Tangible Assets68.3M57.1M55.7M43.8M39.4M69.9M
Retained Earnings(9.4M)(6.2M)(23.2M)(20.7M)(18.6M)(17.7M)
Accounts Payable703.9K317.7K221.7K82.1K73.9K70.2K
Cash2.6M263.2K171.8K479.6K431.7K410.1K
Other Assets910.0K1.0M(195.8K)1.0M1.2M1.2M
Net Receivables1.8M1.1M1.0M1.4M1.3M2.2M
Other Stockholder Equity66.5M61.9M66.9M70.8M81.4M77.3M
Total Liab24.1M22.6M18.4M20.9M18.8M24.6M
Long Term Investments75.8M76.1M60.5M68.1M61.3M84.0M
Common Stock8.7K8.9K11.0K13.4K15.4K10.3K
Other Liab4.6K7.6K9.6K295.0265.5252.23
Short Long Term Debt Total20.3M21.9M17.4M20.4M18.3M24.7M
Total Current Liabilities703.9K317.7K1.0M82.1K73.9K70.2K
Net Debt17.7M21.6M17.2M(479.6K)(431.7K)(410.1K)
Non Current Assets Total75.8M76.1M60.5M68.1M61.3M91.1M
Non Currrent Assets Other(75.8M)(76.1M)(60.5M)(68.1M)(78.4M)(82.3M)
Cash And Short Term Investments2.6M263.2K171.8K479.6K431.7K410.1K
Common Stock Shares Outstanding8.9M9.1M11.0M11.6M13.4M10.2M
Liabilities And Stockholders Equity81.3M78.3M62.2M71.1M64.0M94.6M
Non Current Liabilities Total20.3M21.9M17.4M20.4M18.3M20.7M
Total Current Assets4.5M1.1M1.8M1.9M1.7M1.6M
Other Current Assets1.3M1.4M873.5K(1.6M)(1.4M)(1.4M)
Inventory(1.4M)(1.3M)1.01.6M1.8M1.9M
Net Invested Capital77.4M77.6M61.1M70.5M63.4M67.9M
Capital Stock8.7K8.9K11.0K13.4K15.4K10.9K

Pair Trading with Aberdeen Global

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 Aberdeen Global 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 Aberdeen Global will appreciate offsetting losses from the drop in the long position's value.

Moving together with Aberdeen Stock

  0.66DIST Distoken AcquisitionPairCorr
  0.72AB AllianceBernsteinPairCorr
  0.86AC Associated CapitalPairCorr

Moving against Aberdeen Stock

  0.64PT Pintec TechnologyPairCorr
The ability to find closely correlated positions to Aberdeen Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aberdeen Global 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 Aberdeen Global - 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 Aberdeen Global IF to buy it.
The correlation of Aberdeen Global 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 Aberdeen Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aberdeen Global IF 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 Aberdeen Global 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.
Pair CorrelationCorrelation Matching
When determining whether Aberdeen Global IF offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Aberdeen Global's 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 Aberdeen Global If Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Aberdeen Global If Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Aberdeen Global IF. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Is Asset Management & Custody Banks 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 Aberdeen Global. If investors know Aberdeen 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 Aberdeen Global 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
0.135
Dividend Share
0.84
Earnings Share
0.42
Revenue Per Share
0.391
Quarterly Revenue Growth
0.212
The market value of Aberdeen Global IF is measured differently than its book value, which is the value of Aberdeen that is recorded on the company's balance sheet. Investors also form their own opinion of Aberdeen Global's value that differs from its market value or its book value, called intrinsic value, which is Aberdeen Global'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 Aberdeen Global's market value can be influenced by many factors that don't directly affect Aberdeen Global'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 Aberdeen Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aberdeen Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aberdeen Global'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.