Longeveron Net Tangible Assets vs Common Stock Analysis
LGVN Stock | USD 1.89 0.02 1.07% |
Longeveron LLC financial indicator trend analysis is infinitely more than just investigating Longeveron LLC recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Longeveron LLC is a good investment. Please check the relationship between Longeveron LLC Net Tangible Assets and its Common Stock accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Longeveron LLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. To learn how to invest in Longeveron Stock, please use our How to Invest in Longeveron LLC guide.
Net Tangible Assets vs Common Stock
Net Tangible Assets vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Longeveron LLC Net Tangible Assets account and Common Stock. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Longeveron LLC's Net Tangible Assets and Common Stock is -0.64. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Common Stock in the same time period over historical financial statements of Longeveron LLC, assuming nothing else is changed. The correlation between historical values of Longeveron LLC's Net Tangible Assets and Common Stock 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 Tangible Assets of Longeveron LLC are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Net Tangible Assets i.e., Longeveron LLC's Net Tangible Assets and Common Stock go up and down completely randomly.
Correlation Coefficient | -0.64 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Common Stock
Most indicators from Longeveron LLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Longeveron LLC 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Longeveron LLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. To learn how to invest in Longeveron Stock, please use our How to Invest in Longeveron LLC guide.As of the 22nd of November 2024, Sales General And Administrative To Revenue is likely to grow to 16.88, while Selling General Administrative is likely to drop about 7.1 M.
2023 | 2024 (projected) | Depreciation And Amortization | 946K | 933.4K | Interest Income | 125.1 | 118.85 |
Longeveron LLC fundamental ratios Correlations
Click cells to compare fundamentals
Longeveron LLC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Longeveron LLC fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 10.6M | 9.2M | 42.8M | 27.4M | 12.1M | 20.6M | |
Other Current Liab | 304.6K | 1.5M | 253K | 1.5M | 966K | 880.3K | |
Total Current Liabilities | 2.5M | 3.8M | 2.7M | 4.9M | 3.9M | 3.6M | |
Total Stockholder Equity | 4.4M | 2.0M | 37.5M | 20.5M | 6.7M | 6.4M | |
Net Tangible Assets | 3.0M | 409.6K | 35.1M | 18.1M | 20.8M | 13.7M | |
Property Plant And Equipment Net | 6.5M | 5.7M | 4.9M | 2.9M | 3.8M | 3.8M | |
Current Deferred Revenue | 541.8K | 10K | 199K | 506K | 581.9K | 397.4K | |
Net Debt | 2.3M | 3.3M | (22.5M) | (7.9M) | (2.9M) | (3.1M) | |
Accounts Payable | 1.2M | 1.6M | 645K | 1.8M | 638K | 931.2K | |
Cash | 1.9M | 815.8K | 25.7M | 10.5M | 4.9M | 8.8M | |
Non Current Assets Total | 8.2M | 7.4M | 7.4M | 7.8M | 6.2M | 5.8M | |
Cash And Short Term Investments | 1.9M | 815.8K | 35.0M | 19.7M | 5.4M | 5.1M | |
Net Receivables | 451.5K | 420.7K | 55K | 218K | 111K | 167.5K | |
Common Stock Shares Outstanding | 1.9M | 1.7M | 1.9M | 2.1M | 2.2M | 3.4M | |
Liabilities And Stockholders Equity | 10.6M | 9.2M | 42.8M | 27.4M | 12.1M | 20.6M | |
Non Current Liabilities Total | 3.7M | 3.5M | 2.6M | 2.0M | 1.4M | 2.0M | |
Capital Lease Obligations | 4.1M | 3.7M | 3.1M | 2.6M | 2.0M | 2.9M | |
Other Current Assets | 53.8K | 613K | 564K | 404K | 376K | 393.0K | |
Other Stockholder Equity | (150K) | 2.0M | 81.5M | 83.6M | 91.8M | 48.9M | |
Total Liab | 6.1M | 7.3M | 5.3M | 6.9M | 5.3M | 6.4M | |
Property Plant And Equipment Gross | 6.5M | 5.7M | 7.9M | 8.2M | 8.2M | 7.6M | |
Total Current Assets | 2.4M | 1.8M | 35.4M | 19.7M | 5.8M | 5.6M | |
Net Working Capital | (115.8K) | (2.0M) | 32.7M | 15.4M | 2.0M | 1.9M | |
Intangible Assets | 1.5M | 1.5M | 2.3M | 2.4M | 2.3M | 2.1M | |
Property Plant Equipment | 6.5M | 5.7M | 3.1M | 2.9M | 2.7M | 3.7M |
Pair Trading with Longeveron LLC
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 Longeveron LLC 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 Longeveron LLC will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Longeveron LLC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Longeveron LLC 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 Longeveron LLC - 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 Longeveron LLC to buy it.
The correlation of Longeveron LLC 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 Longeveron LLC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Longeveron LLC 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 Longeveron LLC 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Longeveron LLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. To learn how to invest in Longeveron Stock, please use our How to Invest in Longeveron LLC guide.You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Is Biotechnology 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 Longeveron LLC. If investors know Longeveron 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 Longeveron LLC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (5.62) | Revenue Per Share 0.364 | Quarterly Revenue Growth 1.157 | Return On Assets (0.62) | Return On Equity (1.42) |
The market value of Longeveron LLC is measured differently than its book value, which is the value of Longeveron that is recorded on the company's balance sheet. Investors also form their own opinion of Longeveron LLC's value that differs from its market value or its book value, called intrinsic value, which is Longeveron LLC'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 Longeveron LLC's market value can be influenced by many factors that don't directly affect Longeveron LLC'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 Longeveron LLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Longeveron LLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Longeveron LLC'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.