Aeye Cost Of Revenue vs Current Deferred Revenue Analysis

LIDR Stock  USD 1.30  0.04  3.17%   
Aeye financial indicator trend analysis is way more than just evaluating Aeye Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aeye Inc is a good investment. Please check the relationship between Aeye Cost Of Revenue and its Current Deferred Revenue accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Aeye Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

Cost Of Revenue vs Current Deferred Revenue

Cost Of Revenue vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aeye Inc Cost Of Revenue account and Current Deferred Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between Aeye's Cost Of Revenue and Current Deferred Revenue is 0.66. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Aeye Inc, assuming nothing else is changed. The correlation between historical values of Aeye's Cost Of Revenue and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Aeye Inc are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Cost Of Revenue i.e., Aeye's Cost Of Revenue and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.66
Relationship DirectionPositive 
Relationship StrengthSignificant

Cost Of Revenue

Cost of Revenue is found on Aeye Inc income statement and represents the costs associated with goods and services Aeye provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

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.
Most indicators from Aeye's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aeye Inc 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 Aeye Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
As of 12/17/2024, Sales General And Administrative To Revenue is likely to grow to 18.10, while Selling General Administrative is likely to drop slightly above 22.3 M.
 2021 2022 2023 2024 (projected)
Total Operating Expenses62.6M93.7M73.9M56.7M
Cost Of Revenue3.6M8.7M15.3M16.1M

Aeye fundamental ratios Correlations

0.960.550.97-0.680.82-0.030.870.630.990.860.66-0.540.90.570.88-0.31-0.690.790.61-0.390.810.990.860.340.44
0.960.70.86-0.830.650.110.950.80.920.840.81-0.710.90.710.95-0.08-0.780.930.73-0.530.920.920.920.560.31
0.550.70.34-0.590.250.760.570.960.510.720.98-0.50.40.460.840.58-0.930.850.44-0.790.780.50.470.370.19
0.970.860.34-0.560.88-0.220.790.410.980.770.45-0.410.880.460.74-0.53-0.520.630.51-0.210.660.980.80.210.47
-0.68-0.83-0.59-0.56-0.24-0.02-0.91-0.75-0.63-0.41-0.750.95-0.86-0.72-0.82-0.030.7-0.9-0.730.64-0.95-0.65-0.91-0.770.24
0.820.650.250.88-0.24-0.060.540.230.870.710.310.00.650.030.61-0.58-0.460.410.08-0.230.430.860.53-0.210.51
-0.030.110.76-0.22-0.02-0.06-0.040.6-0.040.330.630.06-0.23-0.120.350.78-0.620.35-0.17-0.680.25-0.06-0.15-0.110.06
0.870.950.570.79-0.910.54-0.040.730.830.660.72-0.810.930.730.89-0.14-0.660.910.75-0.530.920.830.990.690.1
0.630.80.960.41-0.750.230.60.730.570.720.99-0.690.540.650.890.52-0.890.940.63-0.760.880.560.650.590.14
0.990.920.510.98-0.630.87-0.040.830.570.840.61-0.460.890.490.85-0.37-0.670.740.53-0.370.771.00.820.250.45
0.860.840.720.77-0.410.710.330.660.720.840.72-0.30.570.510.80.05-0.690.720.53-0.350.640.820.590.230.73
0.660.810.980.45-0.750.310.630.720.990.610.72-0.650.570.550.920.46-0.960.940.54-0.820.90.610.640.490.11
-0.54-0.71-0.5-0.410.950.00.06-0.81-0.69-0.46-0.3-0.65-0.74-0.85-0.67-0.150.54-0.81-0.840.46-0.84-0.48-0.82-0.910.26
0.90.90.40.88-0.860.65-0.230.930.540.890.570.57-0.740.590.82-0.41-0.60.790.63-0.430.860.90.960.510.05
0.570.710.460.46-0.720.03-0.120.730.650.490.510.55-0.850.590.560.19-0.360.691.0-0.110.660.480.710.910.22
0.880.950.840.74-0.820.610.350.890.890.850.80.92-0.670.820.560.08-0.920.970.57-0.750.960.850.840.460.18
-0.31-0.080.58-0.53-0.03-0.580.78-0.140.52-0.370.050.46-0.15-0.410.190.08-0.30.220.13-0.370.1-0.39-0.240.27-0.08
-0.69-0.78-0.93-0.520.7-0.46-0.62-0.66-0.89-0.67-0.69-0.960.54-0.6-0.36-0.92-0.3-0.88-0.360.87-0.87-0.68-0.6-0.27-0.05
0.790.930.850.63-0.90.410.350.910.940.740.720.94-0.810.790.690.970.22-0.880.69-0.750.980.740.860.650.07
0.610.730.440.51-0.730.08-0.170.750.630.530.530.54-0.840.631.00.570.13-0.360.69-0.090.670.530.740.890.24
-0.39-0.53-0.79-0.210.64-0.23-0.68-0.53-0.76-0.37-0.35-0.820.46-0.43-0.11-0.75-0.370.87-0.75-0.09-0.75-0.38-0.47-0.220.32
0.810.920.780.66-0.950.430.250.920.880.770.640.9-0.840.860.660.960.1-0.870.980.67-0.750.770.90.63-0.03
0.990.920.50.98-0.650.86-0.060.830.561.00.820.61-0.480.90.480.85-0.39-0.680.740.53-0.380.770.830.250.41
0.860.920.470.8-0.910.53-0.150.990.650.820.590.64-0.820.960.710.84-0.24-0.60.860.74-0.470.90.830.680.05
0.340.560.370.21-0.77-0.21-0.110.690.590.250.230.49-0.910.510.910.460.27-0.270.650.89-0.220.630.250.68-0.14
0.440.310.190.470.240.510.060.10.140.450.730.110.260.050.220.18-0.08-0.050.070.240.32-0.030.410.05-0.14
Click cells to compare fundamentals

Aeye Account Relationship Matchups

Aeye fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab98.02.5M6.6M6.7M4.1M3.7M
Total Current Liabilities2.4K37.6M13.6M22.6M10.0M15.4M
Total Stockholder Equity22.6K(18.2M)168.8M94.0M29.0M50.2M
Retained Earnings(2.4K)(86.8M)(151.8M)(250.5M)(337.6M)(320.8M)
Net Receivables143K156K4.2M617K131K124.5K
Other Stockholder Equity25.0K68.5M320.9M345.7M366.6M202.0M
Total Liab2.4K44.1M17.4M39.4M25.3M23.1M

Pair Trading with Aeye

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

Moving against Aeye Stock

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The ability to find closely correlated positions to Aeye could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aeye 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 Aeye - 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 Aeye Inc to buy it.
The correlation of Aeye 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 Aeye moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aeye Inc 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 Aeye 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 Aeye Stock Analysis

When running Aeye's price analysis, check to measure Aeye'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 Aeye is operating at the current time. Most of Aeye's value examination focuses on studying past and present price action to predict the probability of Aeye's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aeye's price. Additionally, you may evaluate how the addition of Aeye to your portfolios can decrease your overall portfolio volatility.