Pluri Common Stock vs Current Deferred Revenue Analysis

PLUR Stock  USD 4.90  0.20  4.26%   
Pluri financial indicator trend analysis is much more than just breaking down Pluri Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pluri Inc is a good investment. Please check the relationship between Pluri Common Stock and its Current Deferred Revenue accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pluri 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 employment.

Common Stock vs Current Deferred Revenue

Common Stock vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pluri Inc Common Stock account and Current Deferred Revenue. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Pluri's Common Stock and Current Deferred Revenue is 0.47. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Pluri Inc, assuming nothing else is changed. The correlation between historical values of Pluri's Common Stock 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 Common Stock of Pluri 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 Common Stock i.e., Pluri's Common Stock and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.47
Relationship DirectionPositive 
Relationship StrengthWeak

Common Stock

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 Pluri's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pluri 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pluri 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 employment.
As of 11/22/2024, Enterprise Value is likely to grow to about 105 M, while Selling General Administrative is likely to drop slightly above 9.4 M.
 2021 2022 2023 2024 (projected)
Total Operating Expenses41.8M27.5M22.5M21.0M
Cost Of Revenue41.6M9K4K3.8K

Pluri fundamental ratios Correlations

0.510.740.79-0.17-0.220.620.550.890.540.990.160.340.370.990.570.190.430.240.610.230.260.210.190.770.32
0.510.870.360.04-0.450.480.130.620.570.440.230.510.280.450.40.16-0.15-0.180.330.11-0.160.190.120.4-0.29
0.740.870.62-0.22-0.320.680.450.750.60.70.120.420.250.710.620.060.070.180.430.060.250.260.180.480.08
0.790.360.62-0.650.350.730.440.70.350.76-0.45-0.22-0.280.790.29-0.450.390.490.74-0.410.270.560.470.550.53
-0.170.04-0.22-0.65-0.76-0.37-0.51-0.18-0.2-0.140.830.70.72-0.160.080.820.02-0.54-0.310.79-0.5-0.56-0.440.25-0.5
-0.22-0.45-0.320.35-0.760.090.03-0.25-0.14-0.22-0.95-0.99-0.87-0.2-0.54-0.870.020.410.16-0.830.140.50.29-0.320.55
0.620.480.680.73-0.370.090.180.430.140.61-0.250.02-0.120.660.54-0.280.580.60.79-0.260.040.270.650.570.32
0.550.130.450.44-0.510.030.180.590.690.540.010.040.210.50.280.07-0.10.20.060.130.70.080.03-0.070.24
0.890.620.750.7-0.18-0.250.430.590.760.840.190.360.350.820.450.20.090.070.450.220.210.160.040.560.14
0.540.570.60.35-0.2-0.140.140.690.760.470.130.190.340.450.090.23-0.34-0.150.050.240.220.13-0.150.070.0
0.990.440.70.76-0.14-0.220.610.540.840.470.170.340.390.990.590.220.50.270.590.270.290.210.180.790.35
0.160.230.12-0.450.83-0.95-0.250.010.190.130.170.930.930.140.430.96-0.04-0.45-0.260.94-0.12-0.66-0.430.27-0.47
0.340.510.42-0.220.7-0.990.020.040.360.190.340.930.870.310.620.840.03-0.35-0.050.81-0.1-0.49-0.230.41-0.49
0.370.280.25-0.280.72-0.87-0.120.210.350.340.390.930.870.360.440.980.05-0.37-0.180.98-0.01-0.5-0.410.38-0.31
0.990.450.710.79-0.16-0.20.660.50.820.450.990.140.310.360.590.180.520.290.630.230.260.220.230.810.36
0.570.40.620.290.08-0.540.540.280.450.090.590.430.620.440.590.30.520.470.40.330.4-0.240.210.480.15
0.190.160.06-0.450.82-0.87-0.280.070.20.230.220.960.840.980.180.3-0.01-0.48-0.290.99-0.12-0.57-0.460.27-0.42
0.43-0.150.070.390.020.020.58-0.10.09-0.340.5-0.040.030.050.520.52-0.010.630.630.040.040.10.480.640.42
0.24-0.180.180.49-0.540.410.60.20.07-0.150.27-0.45-0.35-0.370.290.47-0.480.630.43-0.420.50.180.510.130.68
0.610.330.430.74-0.310.160.790.060.450.050.59-0.26-0.05-0.180.630.4-0.290.630.43-0.27-0.090.210.60.640.26
0.230.110.06-0.410.79-0.83-0.260.130.220.240.270.940.810.980.230.330.990.04-0.42-0.27-0.06-0.57-0.460.29-0.34
0.26-0.160.250.27-0.50.140.040.70.210.220.29-0.12-0.1-0.010.260.4-0.120.040.5-0.09-0.060.08-0.14-0.190.54
0.210.190.260.56-0.560.50.270.080.160.130.21-0.66-0.49-0.50.22-0.24-0.570.10.180.21-0.570.080.280.070.24
0.190.120.180.47-0.440.290.650.030.04-0.150.18-0.43-0.23-0.410.230.21-0.460.480.510.6-0.46-0.140.280.160.01
0.770.40.480.550.25-0.320.57-0.070.560.070.790.270.410.380.810.480.270.640.130.640.29-0.190.070.160.22
0.32-0.290.080.53-0.50.550.320.240.140.00.35-0.47-0.49-0.310.360.15-0.420.420.680.26-0.340.540.240.010.22
Click cells to compare fundamentals

Pluri Account Relationship Matchups

Pluri fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets65.5M93.5M68.1M50.8M39.5M38.5M
Other Current Liab4.9M7.7M3.7M3.0M2.2M2.3M
Total Current Liabilities8.0M11.5M6.8M5.6M4.5M4.6M
Total Stockholder Equity56.1M57.2M30.0M13.4M96K91.2K
Net Debt(6.7M)(6.7M)19.0M24.5M22.8M24.0M
Retained Earnings(280.2M)(330.0M)(371.3M)(399.6M)(420.5M)(399.4M)
Accounts Payable2.0M2.5M1.8M1.8M964K1.7M
Cash8.3M31.2M9.8M5.4M6.8M9.9M
Non Current Assets Total17.1M26.2M10.3M9.4M8.4M7.6M
Non Currrent Assets Other643K23.9M675K440K540K513K
Cash And Short Term Investments45.8M65.0M55.0M40.2M30.2M28.9M
Common Stock Shares Outstanding2.3M3.5M4.0M4.6M5.2M5.5M
Liabilities And Stockholders Equity65.5M93.5M68.1M50.8M39.5M38.5M
Other Stockholder Equity336.3M387.2M401.3M412.9M420.6M441.6M
Total Liab9.4M36.4M35.9M35.5M34.1M35.8M
Total Current Assets48.5M67.4M57.7M41.4M31.1M30.9M
Property Plant And Equipment Net3.8M2.2M9.0M8.3M7.2M5.1M
Net Receivables1.6M1.5M1.3M527K646K1.0M
Non Current Liabilities Total1.4M24.9M29.1M29.9M29.7M31.1M
Other Current Assets512K334K403K173K222K210.9K
Short Term Investments37.5M33.7M45.2M34.8M23.2M27.5M
Other Liab879K920K867K598K538.2K866.7K
Net Tangible Assets56.1M57.2M30.0M13.4M12.0M11.4M
Other Assets13.3M23.9M1.3M1.1M1.2M1.2M
Property Plant Equipment3.8M2.2M9.0M8.3M9.6M6.0M
Net Invested Capital56.1M81.0M51.7M36.9M24.1M36.2M
Net Working Capital40.5M55.9M50.9M35.8M26.7M41.8M

Pair Trading with Pluri

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

Moving against Pluri Stock

  0.59MLYS Mineralys Therapeutics,PairCorr
  0.54KZR Kezar Life SciencesPairCorr
  0.31EQ EquilliumPairCorr
The ability to find closely correlated positions to Pluri could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pluri 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 Pluri - 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 Pluri Inc to buy it.
The correlation of Pluri 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 Pluri moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pluri 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 Pluri 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 Pluri Stock Analysis

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