180 Total Assets vs Net Receivables Analysis

TURN Stock  USD 3.44  0.08  2.27%   
180 Degree financial indicator trend analysis is way more than just evaluating 180 Degree Capital prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether 180 Degree Capital is a good investment. Please check the relationship between 180 Degree Total Assets and its Net Receivables accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in 180 Degree Capital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Total Assets vs Net Receivables

Total Assets vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of 180 Degree Capital Total Assets account and Net Receivables. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between 180 Degree's Total Assets and Net Receivables is -0.25. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Receivables in the same time period over historical financial statements of 180 Degree Capital, assuming nothing else is changed. The correlation between historical values of 180 Degree's Total Assets 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 Total Assets of 180 Degree Capital 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 Total Assets i.e., 180 Degree's Total Assets and Net Receivables go up and down completely randomly.

Correlation Coefficient

-0.25
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Assets

Total assets refers to the total amount of 180 Degree assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in 180 Degree Capital books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Net Receivables

Most indicators from 180 Degree's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into 180 Degree Capital 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 World Market Map to better understand how to build diversified portfolios, which includes a position in 180 Degree Capital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
At this time, 180 Degree's Selling General Administrative is very stable compared to the past year. As of the 26th of November 2024, Sales General And Administrative To Revenue is likely to grow to 33.54, while Tax Provision is likely to drop 791.35.
 2023 2024 (projected)
Tax Provision833.0791.35
Non Recurring233.0K231.5K

180 Degree fundamental ratios Correlations

0.550.55-0.38-0.310.370.61-0.250.220.37-0.620.440.280.27-0.93-0.61-0.18-0.370.290.960.95-0.9-0.08-0.44-0.110.33
0.551.0-0.65-0.510.640.96-0.440.540.64-0.250.810.620.37-0.67-0.170.27-0.120.030.430.43-0.61-0.020.210.470.11
0.551.0-0.65-0.510.630.96-0.450.540.63-0.240.820.620.34-0.67-0.170.27-0.130.020.430.43-0.61-0.010.230.480.1
-0.38-0.65-0.650.39-0.99-0.460.37-0.69-0.990.31-0.44-0.98-0.490.47-0.14-0.230.20.12-0.24-0.230.280.07-0.26-0.30.28
-0.31-0.51-0.510.39-0.44-0.460.7-0.19-0.440.47-0.81-0.38-0.580.40.13-0.620.56-0.01-0.31-0.310.43-0.2-0.41-0.470.17
0.370.640.63-0.99-0.440.45-0.380.71.0-0.320.440.990.59-0.480.160.27-0.21-0.090.240.23-0.27-0.050.230.3-0.28
0.610.960.96-0.46-0.460.45-0.410.460.45-0.210.830.430.27-0.69-0.240.24-0.090.130.50.5-0.65-0.030.150.450.24
-0.25-0.44-0.450.370.7-0.38-0.41-0.35-0.380.49-0.7-0.31-0.610.43-0.16-0.540.81-0.21-0.2-0.20.29-0.42-0.49-0.620.32
0.220.540.54-0.69-0.190.70.46-0.350.70.120.410.740.49-0.270.490.42-0.070.23-0.05-0.080.04-0.020.30.5-0.2
0.370.640.63-0.99-0.441.00.45-0.380.7-0.320.440.990.59-0.480.160.27-0.21-0.090.240.23-0.27-0.050.230.3-0.28
-0.62-0.25-0.240.310.47-0.32-0.210.490.12-0.32-0.26-0.17-0.40.710.470.180.64-0.07-0.68-0.690.690.070.290.21-0.03
0.440.810.82-0.44-0.810.440.83-0.70.410.44-0.260.410.46-0.53-0.10.62-0.390.170.360.36-0.510.120.460.7-0.08
0.280.620.62-0.98-0.380.990.43-0.310.740.99-0.170.410.54-0.380.240.31-0.11-0.110.130.12-0.16-0.040.290.34-0.3
0.270.370.34-0.49-0.580.590.27-0.610.490.59-0.40.460.54-0.470.310.52-0.460.410.170.16-0.150.210.090.32-0.29
-0.93-0.67-0.670.470.4-0.48-0.690.43-0.27-0.480.71-0.53-0.38-0.470.470.110.46-0.34-0.87-0.870.890.020.370.03-0.18
-0.61-0.17-0.17-0.140.130.16-0.24-0.160.490.160.47-0.10.240.310.470.450.160.17-0.75-0.770.790.060.520.39-0.54
-0.180.270.27-0.23-0.620.270.24-0.540.420.270.180.620.310.520.110.45-0.220.31-0.29-0.30.210.220.710.71-0.4
-0.37-0.12-0.130.20.56-0.21-0.090.81-0.07-0.210.64-0.39-0.11-0.460.460.16-0.22-0.23-0.38-0.380.42-0.52-0.09-0.210.25
0.290.030.020.12-0.01-0.090.13-0.210.23-0.09-0.070.17-0.110.41-0.340.170.31-0.230.160.15-0.08-0.03-0.24-0.03-0.19
0.960.430.43-0.24-0.310.240.5-0.2-0.050.24-0.680.360.130.17-0.87-0.75-0.29-0.380.161.0-0.93-0.05-0.47-0.210.38
0.950.430.43-0.23-0.310.230.5-0.2-0.080.23-0.690.360.120.16-0.87-0.77-0.3-0.380.151.0-0.94-0.04-0.48-0.220.38
-0.9-0.61-0.610.280.43-0.27-0.650.290.04-0.270.69-0.51-0.16-0.150.890.790.210.42-0.08-0.93-0.94-0.020.360.1-0.39
-0.08-0.02-0.010.07-0.2-0.05-0.03-0.42-0.02-0.050.070.12-0.040.210.020.060.22-0.52-0.03-0.05-0.04-0.020.230.20.13
-0.440.210.23-0.26-0.410.230.15-0.490.30.230.290.460.290.090.370.520.71-0.09-0.24-0.47-0.480.360.230.78-0.42
-0.110.470.48-0.3-0.470.30.45-0.620.50.30.210.70.340.320.030.390.71-0.21-0.03-0.21-0.220.10.20.78-0.34
0.330.110.10.280.17-0.280.240.32-0.2-0.28-0.03-0.08-0.3-0.29-0.18-0.54-0.40.25-0.190.380.38-0.390.13-0.42-0.34
Click cells to compare fundamentals

180 Degree Account Relationship Matchups

180 Degree fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets99.8M99.3M115.4M67.0M51.2M94.0M
Total Stockholder Equity95.2M96.3M110.6M65.5M50.2M88.8M
Net Debt(11.3M)(11.5M)(4.0M)(582.8K)(246.1K)(258.4K)
Retained Earnings(23.3M)(21.7M)(4.2M)(45.9M)(49.5M)(47.0M)
Cash11.3M11.5M4.2M655.5K282.2K268.1K
Non Current Assets Total87.2M83.8M107.5M65.8M52.5M75.2M
Non Currrent Assets Other(17.2K)(17.7K)(130.3K)(65.8M)(50.7M)(53.2M)
Other Assets341.4K365.4K489.2K271.9K(2.3M)(2.2M)
Cash And Short Term Investments11.3M11.5M4.2M655.5K282.2K268.1K
Net Receivables875.0K3.4M3.3M262.9K302.4K287.3K
Liabilities And Stockholders Equity99.8M99.3M115.4M67.0M51.2M94.0M
Other Stockholder Equity118.2M117.6M114.4M111.1M99.3M119.4M
Total Current Assets12.2M15.1M7.5M918.4K980.4K931.4K
Total Liab735.3K735.3K575.5K1.4M952.8K905.2K
Other Current Liab(735.3K)(735.3K)(575.5K)(689.2K)(289.4K)(275.0K)
Total Current Liabilities735.3K735.3K575.5K689.2K289.4K275.0K
Non Current Liabilities Total4.6M2.9M4.7M689.2K1.6M1.7M
Accounts Payable735.3K735.3K575.5K689.2K289.4K275.0K
Other Liab1.3M842.4K833.9K645.6K581.1K552.0K
Other Current Assets(12.2M)346.8K622.8K468.3K698.2K733.1K
Property Plant Equipment17.2K17.7K130.3K87.8K79.0K119.9K
Net Tangible Assets95.2M96.3M110.6M65.5M59.0M71.2M
Long Term Investments87.2M83.8M107.5M65.7M50.6M70.1M

Pair Trading with 180 Degree

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 180 Degree 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 180 Degree will appreciate offsetting losses from the drop in the long position's value.

Moving against 180 Stock

  0.63AB AllianceBernsteinPairCorr
  0.61AC Associated CapitalPairCorr
  0.57DB Deutsche Bank AGPairCorr
  0.51CG Carlyle GroupPairCorr
  0.51LX Lexinfintech Holdings TrendingPairCorr
The ability to find closely correlated positions to 180 Degree could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace 180 Degree 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 180 Degree - 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 180 Degree Capital to buy it.
The correlation of 180 Degree 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 180 Degree moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if 180 Degree Capital 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 180 Degree 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
When determining whether 180 Degree Capital offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of 180 Degree's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of 180 Degree Capital Stock. Outlined below are crucial reports that will aid in making a well-informed decision on 180 Degree Capital Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in 180 Degree Capital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Is Asset Management & Custody Banks 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 180 Degree. If investors know 180 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 180 Degree 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
0.481
Earnings Share
(1.72)
Revenue Per Share
0.013
Quarterly Revenue Growth
1.509
Return On Assets
(0.04)
The market value of 180 Degree Capital is measured differently than its book value, which is the value of 180 that is recorded on the company's balance sheet. Investors also form their own opinion of 180 Degree's value that differs from its market value or its book value, called intrinsic value, which is 180 Degree'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 180 Degree's market value can be influenced by many factors that don't directly affect 180 Degree'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 180 Degree's value and its price as these two are different measures arrived at by different means. Investors typically determine if 180 Degree is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 180 Degree'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.