Hudson Common Stock vs Good Will Analysis
HSON Stock | USD 14.83 0.59 4.14% |
Hudson Global financial indicator trend analysis is much more than just examining Hudson Global latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hudson Global is a good investment. Please check the relationship between Hudson Global Common Stock and its Good Will accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hudson Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. To learn how to invest in Hudson Stock, please use our How to Invest in Hudson Global guide.
Common Stock vs Good Will
Common Stock vs Good Will Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hudson Global Common Stock account and Good Will. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Hudson Global's Common Stock and Good Will is -0.21. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Good Will in the same time period over historical financial statements of Hudson Global, assuming nothing else is changed. The correlation between historical values of Hudson Global's Common Stock and Good Will 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 Hudson Global are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Common Stock i.e., Hudson Global's Common Stock and Good Will go up and down completely randomly.
Correlation Coefficient | -0.21 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Common Stock
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Most indicators from Hudson Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hudson Global 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hudson Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. To learn how to invest in Hudson Stock, please use our How to Invest in Hudson Global guide.At this time, Hudson Global's Enterprise Value Over EBITDA is very stable compared to the past year. As of the 22nd of November 2024, Enterprise Value Multiple is likely to grow to 9.68, while Selling General Administrative is likely to drop about 70.1 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 68.2M | 99.2M | 80.3M | 76.3M | Total Revenue | 169.2M | 200.9M | 161.3M | 153.3M |
Hudson Global fundamental ratios Correlations
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Hudson Global Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hudson Global fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 3.1M | 2.9M | 3.0M | 3.1M | 3.1M | 3.0M | |
Total Assets | 46.7M | 45.4M | 61.2M | 67.9M | 61.0M | 57.9M | |
Total Current Liabilities | 9.5M | 10.0M | 19.7M | 21.1M | 11.2M | 10.6M | |
Total Stockholder Equity | 36.0M | 34.3M | 39.3M | 45.8M | 48.6M | 46.1M | |
Net Debt | (30.8M) | (25.6M) | (20.0M) | (25.2M) | (21.2M) | (22.2M) | |
Non Current Assets Total | 1.8M | 5.1M | 12.1M | 12.4M | 15.1M | 14.4M | |
Liabilities And Stockholders Equity | 46.7M | 45.4M | 61.2M | 67.9M | 61.0M | 57.9M | |
Non Current Liabilities Total | 1.2M | 1.1M | 2.2M | 1.0M | 1.2M | 1.1M | |
Total Liab | 10.7M | 11.1M | 21.9M | 22.2M | 12.4M | 11.8M | |
Total Current Assets | 44.9M | 40.3M | 49.2M | 55.5M | 45.8M | 43.6M | |
Other Current Liab | 8.1M | 6.8M | 19.9M | 17.6M | 6.5M | 6.2M | |
Other Liab | 1.0M | 1.1M | 865K | 680K | 612K | 581.4K | |
Accounts Payable | 1.1M | 576K | 871K | 1.7M | 868K | 824.6K | |
Cash | 31.2M | 25.8M | 21.7M | 27.1M | 22.6M | 25.7M | |
Non Currrent Assets Other | 387K | 3K | 5K | 12K | 522K | 495.9K | |
Other Assets | 1.2M | 1.5M | 1.5M | 1.7M | 1.0 | 0.95 | |
Cash And Short Term Investments | 31.2M | 25.8M | 21.7M | 27.1M | 22.6M | 25.7M | |
Inventory | 1.0 | 152K | 222K | 160K | 144K | 136.8K | |
Other Current Assets | 952K | 1.0M | 1.7M | 4.1M | 3.5M | 3.3M | |
Other Stockholder Equity | 473.0M | 471.5M | 473.9M | 474.8M | 475.1M | 493.0M | |
Property Plant Equipment | 186K | 115K | 848K | 673K | 605.7K | 575.4K | |
Property Plant And Equipment Net | 587K | 325K | 848K | 1.4M | 1.9M | 1.8M | |
Retained Earnings | (436.5M) | (437.8M) | (434.5M) | (427.4M) | (425.2M) | (446.5M) | |
Net Receivables | 12.8M | 13.4M | 25.7M | 26.3M | 19.7M | 18.7M | |
Property Plant And Equipment Gross | 587K | 325K | 848K | 2.3M | 3.4M | 3.2M | |
Accumulated Other Comprehensive Income | (479K) | 526K | (85K) | (1.6M) | (1.3M) | (1.2M) | |
Short Term Debt | 246K | 384K | 1.1M | 1.6M | 1.5M | 1.5M | |
Treasury Stock | (8.5M) | (13.1M) | (15.3M) | (16.7M) | (15.1M) | (14.3M) | |
Current Deferred Revenue | 57K | 178K | 533K | 170K | 96K | 91.2K | |
Net Tangible Assets | 36.0M | 30.8M | 29.6M | 36.4M | 32.8M | 44.5M | |
Retained Earnings Total Equity | (435.6M) | (436.5M) | (437.8M) | (427.4M) | (384.7M) | (403.9M) | |
Capital Surpluse | 485.1M | 486.1M | 486.8M | 491.6M | 565.3M | 529.3M | |
Non Current Liabilities Other | 1.2M | 1.1M | 395K | 599K | 443K | 420.9K |
Pair Trading with Hudson 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 Hudson 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 Hudson Global will appreciate offsetting losses from the drop in the long position's value.Moving against Hudson Stock
0.36 | R | Ryder System | PairCorr |
0.35 | IIIV | i3 Verticals | PairCorr |
0.32 | CSGS | CSG Systems International | PairCorr |
0.32 | AL | Air Lease | PairCorr |
The ability to find closely correlated positions to Hudson 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 Hudson 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 Hudson 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 Hudson Global to buy it.
The correlation of Hudson 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 Hudson Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hudson Global 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 Hudson 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.Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hudson Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. To learn how to invest in Hudson Stock, please use our How to Invest in Hudson Global guide.You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Human Resource & Employment 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 Hudson Global. If investors know Hudson 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 Hudson 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 10.483 | Earnings Share (1.16) | Revenue Per Share 46.915 | Quarterly Revenue Growth (0.20) | Return On Assets (0.03) |
The market value of Hudson Global is measured differently than its book value, which is the value of Hudson that is recorded on the company's balance sheet. Investors also form their own opinion of Hudson Global's value that differs from its market value or its book value, called intrinsic value, which is Hudson 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 Hudson Global's market value can be influenced by many factors that don't directly affect Hudson 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 Hudson Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hudson Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hudson 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.