Franklin Common Stock vs Net Receivables Analysis

FSP Stock  USD 1.95  0.17  9.55%   
Franklin Street financial indicator trend analysis is much more than just examining Franklin Street Prop latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Franklin Street Prop is a good investment. Please check the relationship between Franklin Street Common Stock and its Net Receivables accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Franklin Street Properties. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Common Stock vs Net Receivables

Common Stock vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Franklin Street Prop Common Stock account and Net Receivables. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Franklin Street's Common Stock and Net Receivables is 0.54. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Franklin Street Properties, assuming nothing else is changed. The correlation between historical values of Franklin Street's Common Stock and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Franklin Street Properties are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Common Stock i.e., Franklin Street's Common Stock and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.54
Relationship DirectionPositive 
Relationship StrengthWeak

Common Stock

Net Receivables

Most indicators from Franklin Street's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Franklin Street Prop 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 Franklin Street Properties. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
At this time, Franklin Street's Tax Provision is relatively stable compared to the past year. As of 11/22/2024, Sales General And Administrative To Revenue is likely to grow to 0.10, while Enterprise Value is likely to drop slightly above 560.6 M.
 2021 2022 2023 2024 (projected)
Other Operating Expenses196.4M165.1M92.0M129.2M
Interest Expense32.3M22.8M24.3M16.4M

Franklin Street fundamental ratios Correlations

0.9-0.230.760.820.960.930.32-0.12-0.380.94-0.310.990.79-0.310.850.94-0.230.390.3-0.30.80.80.630.570.85
0.9-0.170.660.810.730.690.240.15-0.120.7-0.120.880.55-0.120.730.71-0.020.430.46-0.220.750.750.560.440.6
-0.23-0.170.250.2-0.24-0.18-0.420.050.22-0.30.44-0.25-0.120.44-0.35-0.27-0.230.16-0.28-0.650.250.250.010.43-0.08
0.760.660.250.960.740.690.06-0.14-0.330.67-0.120.710.75-0.120.540.66-0.390.370.01-0.750.950.950.290.850.75
0.820.810.20.960.740.690.06-0.02-0.220.67-0.050.780.68-0.050.590.67-0.290.440.13-0.680.980.980.370.770.72
0.960.73-0.240.740.740.990.34-0.28-0.510.99-0.40.960.86-0.40.840.99-0.340.320.17-0.320.740.740.60.590.92
0.930.69-0.180.690.690.990.26-0.26-0.460.99-0.350.940.82-0.350.810.99-0.350.350.16-0.340.710.710.650.570.93
0.320.24-0.420.060.060.340.26-0.26-0.660.38-0.820.350.48-0.820.440.340.07-0.450.060.42-0.08-0.090.320.080.16
-0.120.150.05-0.14-0.02-0.28-0.26-0.260.81-0.290.32-0.09-0.380.33-0.48-0.280.88-0.180.250.1-0.02-0.02-0.1-0.18-0.16
-0.38-0.120.22-0.33-0.22-0.51-0.46-0.660.81-0.530.77-0.38-0.690.77-0.61-0.50.570.170.22-0.01-0.12-0.12-0.24-0.38-0.36
0.940.7-0.30.670.670.990.990.38-0.29-0.53-0.460.950.86-0.460.851.0-0.320.270.17-0.250.670.670.610.530.91
-0.31-0.120.44-0.12-0.05-0.4-0.35-0.820.320.77-0.46-0.36-0.591.0-0.38-0.4-0.060.640.06-0.360.090.09-0.26-0.11-0.29
0.990.88-0.250.710.780.960.940.35-0.09-0.380.95-0.360.8-0.360.830.96-0.180.320.28-0.270.750.750.640.560.87
0.790.55-0.120.750.680.860.820.48-0.38-0.690.86-0.590.8-0.590.690.84-0.350.040.01-0.350.630.630.450.690.81
-0.31-0.120.44-0.12-0.05-0.4-0.35-0.820.330.77-0.461.0-0.36-0.59-0.38-0.4-0.060.640.06-0.360.090.09-0.26-0.11-0.29
0.850.73-0.350.540.590.840.810.44-0.48-0.610.85-0.380.830.69-0.380.85-0.480.460.28-0.090.540.540.580.360.64
0.940.71-0.270.660.670.990.990.34-0.28-0.51.0-0.40.960.84-0.40.85-0.330.320.17-0.280.680.680.620.540.91
-0.23-0.02-0.23-0.39-0.29-0.34-0.350.070.880.57-0.32-0.06-0.18-0.35-0.06-0.48-0.33-0.560.220.49-0.35-0.35-0.12-0.4-0.29
0.390.430.160.370.440.320.35-0.45-0.180.170.270.640.320.040.640.460.32-0.560.27-0.470.550.560.230.210.27
0.30.46-0.280.010.130.170.160.060.250.220.170.060.280.010.060.280.170.220.270.310.120.120.6-0.270.15
-0.3-0.22-0.65-0.75-0.68-0.32-0.340.420.1-0.01-0.25-0.36-0.27-0.35-0.36-0.09-0.280.49-0.470.31-0.76-0.760.03-0.75-0.49
0.80.750.250.950.980.740.71-0.08-0.02-0.120.670.090.750.630.090.540.68-0.350.550.12-0.761.00.360.750.75
0.80.750.250.950.980.740.71-0.09-0.02-0.120.670.090.750.630.090.540.68-0.350.560.12-0.761.00.360.750.75
0.630.560.010.290.370.60.650.32-0.1-0.240.61-0.260.640.45-0.260.580.62-0.120.230.60.030.360.360.190.57
0.570.440.430.850.770.590.570.08-0.18-0.380.53-0.110.560.69-0.110.360.54-0.40.21-0.27-0.750.750.750.190.64
0.850.6-0.080.750.720.920.930.16-0.16-0.360.91-0.290.870.81-0.290.640.91-0.290.270.15-0.490.750.750.570.64
Click cells to compare fundamentals

Franklin Street Account Relationship Matchups

Franklin Street fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.8B1.8B1.4B1.2B1.2B1.3B
Total Stockholder Equity786.4M768.1M783.2M768.7M712.8M756.5M
Other Assets73.8M1.8B1.3B1.2B1.2B1.2B
Common Stock Shares Outstanding107.2M107.3M106.7M103.3M103.4M82.2M
Liabilities And Stockholders Equity1.8B1.8B1.4B1.2B1.2B1.3B
Other Stockholder Equity1.4B1.4B1.3B1.3B1.3B999.2M
Total Liab1.1B1.0B581.0M472.9M456.5M507.6M
Short Long Term Debt Total973.4M1.1B480.0M413.0M404.8M607.8M
Other Current Liab3.4M9.0M(1.2M)(759K)(224.8M)(213.6M)
Total Current Liabilities66.7M72.1M89.5M50.4M160.6M168.6M
Property Plant And Equipment Net183K163K198K154K891.2M935.8M
Net Debt956.8M918.9M434.0M406.4M276.9M456.8M
Cash9.8M2.7M40.8M6.6M127.9M134.3M
Non Current Assets Total1.7B1.7B1.2B1.2B925.5M1.2B
Non Currrent Assets Other1.7B1.7B1.2B1.2B27.6M26.2M
Cash And Short Term Investments9.8M2.7M40.8M6.6M125.5M131.8M
Net Receivables91.7M96.4M75.0M74.7M42.6M67.8M
Non Current Liabilities Total989.6M953.0M491.5M422.6M295.9M587.7M
Property Plant And Equipment Gross183K163K1.4M1.3M1.1M1.1M
Total Current Assets108.8M106.3M119.8M81.3M243.8M256.0M
Accumulated Other Comprehensive Income(4.7M)(17.3M)(5.2M)4.4M355K372.8K
Short Term Debt963K155M1.2M759K343.6M208.6M
Retained Earnings(565.7M)(571.7M)(550.8M)(570.4M)(622.7M)(591.5M)
Other Liab10.9M27.6M6.7M5.8M6.7M12.7M
Accounts Payable66.7M72.1M89.5M50.4M41.9M43.7M
Long Term Debt972.5M933.8M478.9M412.3M404.4M568.1M
Short Term Investments13.9M14.8M3.0M4.4M(2.4M)(2.2M)
Other Current Assets(80.5M)(79.6M)(91.7M)(61.6M)75.7M79.5M
Property Plant Equipment183K163K198K154K138.6K131.7K
Inventory(14.8M)(3.0M)1.0(4.4M)(3.9M)(4.1M)
Net Tangible Assets745.7M739.9M768.3M758.6M682.7M635.3M
Retained Earnings Total Equity(565.7M)(571.7M)(550.8M)(570.4M)(513.4M)(539.0M)
Capital Surpluse1.4B1.4B1.3B1.3B1.5B1.4B
Deferred Long Term Liab52.8M56.5M38.3M35.7M41.1M33.2M
Long Term Investments84.1M14.8M3.0M4.4M3.9M3.7M
Non Current Liabilities Other4.4M3.1M1.7M5.9M6.3M5.3M
Intangible Assets40.7M28.2M14.9M10.2M6.7M6.4M
Long Term Debt Total972.5M933.8M478.9M364.3M418.9M781.0M

Pair Trading with Franklin Street

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 Franklin Street 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 Franklin Street will appreciate offsetting losses from the drop in the long position's value.

Moving together with Franklin Stock

  0.78UE Urban Edge PropertiesPairCorr

Moving against Franklin Stock

  0.71NNN National Retail Prop Sell-off TrendPairCorr
  0.64O Realty IncomePairCorr
  0.55FR First Industrial RealtyPairCorr
  0.46AHT-PH Ashford Hospitality TrustPairCorr
  0.43HPP Hudson Pacific Properties Downward RallyPairCorr
The ability to find closely correlated positions to Franklin Street could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Franklin Street 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 Franklin Street - 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 Franklin Street Properties to buy it.
The correlation of Franklin Street 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 Franklin Street moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Franklin Street Prop 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 Franklin Street 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

Additional Tools for Franklin Stock Analysis

When running Franklin Street's price analysis, check to measure Franklin Street's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Franklin Street is operating at the current time. Most of Franklin Street's value examination focuses on studying past and present price action to predict the probability of Franklin Street's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Franklin Street's price. Additionally, you may evaluate how the addition of Franklin Street to your portfolios can decrease your overall portfolio volatility.