Urbana Common Stock vs Net Receivables Analysis

URB-A Stock

CAD 5.58 0.08 1.45%

Urbana financial indicator trend analysis is much more than just breaking down Urbana prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Urbana is a good investment. Please check the relationship between Urbana Common Stock and its Net Receivables accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Urbana. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Common Stock vs Net Receivables

Common Stock vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Urbana Common Stock account and Net Receivables. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Urbana's Common Stock and Net Receivables is -0.58. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Urbana, assuming nothing else is changed. The correlation between historical values of Urbana's Common Stock 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 Common Stock of Urbana 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 Common Stock i.e., Urbana's Common Stock and Net Receivables go up and down completely randomly.

Correlation Coefficient

-0.58

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Common Stock

Net Receivables

Most indicators from Urbana's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Urbana 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 Urbana. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

At this time, Urbana's Selling General Administrative is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 2.64 in 2024, whereas Tax Provision is likely to drop slightly above 4.2 M in 2024.

	2021	2022	2023 (projected)
Research Development	4.35	1.62	5.25
Interest Income	362.0K	503.5K	490.1K

Research Development Interest Income

Urbana fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Current Assets	Property Plant And Equipment Net	Short Term Investments	Total Current Liabilities	Accounts Payable	Non Currrent Assets Other	Net Receivables	Total Liab	Short Long Term Debt Total	Other Current Liab	Current Deferred Revenue	Short Term Debt	Non Current Liabilities Total	Other Assets	Common Stock	Other Liab
Total Assets		0.99	0.81	0.87	-0.22	0.96	-0.37	0.01	-0.49	-0.87	-0.34	-0.58	0.46	-0.26	0.17	-0.97	0.77	0.92	0.85	-0.14	-0.91	0.85	0.88	0.64	-0.9	0.92
Total Stockholder Equity	0.99		0.76	0.85	-0.19	0.97	-0.4	0.04	-0.43	-0.86	-0.38	-0.62	0.5	-0.22	0.22	-0.97	0.73	0.88	0.81	-0.08	-0.9	0.81	0.83	0.6	-0.91	0.9
Net Debt	0.81	0.76		0.8	-0.59	0.75	-0.29	-0.2	-0.71	-0.72	-0.26	-0.21	0.12	-0.33	-0.08	-0.76	0.8	0.93	0.81	-0.34	-0.74	0.81	0.92	0.66	-0.67	0.85
Retained Earnings	0.87	0.85	0.8		-0.3	0.9	-0.62	-0.48	-0.74	-0.96	-0.59	-0.13	0.03	-0.45	0.12	-0.81	0.78	0.88	0.8	-0.16	-0.69	0.8	0.83	0.66	-0.9	0.96
Cash	-0.22	-0.19	-0.59	-0.3		-0.23	0.27	0.22	0.32	0.19	0.27	-0.13	0.15	-0.14	0.06	0.25	-0.22	-0.32	-0.01	-0.16	0.11	-0.01	-0.25	-0.17	0.15	-0.28
Non Current Assets Total	0.96	0.97	0.75	0.9	-0.23		-0.53	-0.12	-0.52	-0.91	-0.5	-0.5	0.38	-0.31	0.22	-0.95	0.73	0.88	0.78	-0.1	-0.83	0.78	0.82	0.6	-0.93	0.9
Cash And Short Term Investments	-0.37	-0.4	-0.29	-0.62	0.27	-0.53		0.59	0.4	0.54	1.0	-0.11	0.15	0.2	-0.33	0.46	-0.23	-0.27	-0.18	-0.12	0.11	-0.18	-0.21	-0.16	0.64	-0.4
Common Stock Shares Outstanding	0.01	0.04	-0.2	-0.48	0.22	-0.12	0.59		0.66	0.42	0.58	-0.77	0.77	0.48	0.05	-0.07	-0.21	-0.16	-0.13	0.11	-0.21	-0.13	-0.16	-0.19	0.22	-0.31
Other Current Assets	-0.49	-0.43	-0.71	-0.74	0.32	-0.52	0.4	0.66		0.71	0.38	-0.28	0.32	0.76	-0.02	0.39	-0.52	-0.7	-0.68	0.59	0.29	-0.68	-0.72	-0.41	0.56	-0.72
Other Stockholder Equity	-0.87	-0.86	-0.72	-0.96	0.19	-0.91	0.54	0.42	0.71		0.52	0.2	-0.11	0.42	-0.23	0.78	-0.69	-0.86	-0.79	0.11	0.67	-0.79	-0.81	-0.59	0.89	-0.95
Total Current Assets	-0.34	-0.38	-0.26	-0.59	0.27	-0.5	1.0	0.58	0.38	0.52		-0.12	0.15	0.18	-0.35	0.44	-0.19	-0.24	-0.15	-0.13	0.08	-0.15	-0.18	-0.12	0.62	-0.37
Property Plant And Equipment Net	-0.58	-0.62	-0.21	-0.13	-0.13	-0.5	-0.11	-0.77	-0.28	0.2	-0.12		-0.94	-0.23	-0.32	0.64	-0.15	-0.33	-0.32	-0.07	0.63	-0.32	-0.3	-0.1	0.44	-0.26
Short Term Investments	0.46	0.5	0.12	0.03	0.15	0.38	0.15	0.77	0.32	-0.11	0.15	-0.94		0.26	0.33	-0.54	0.04	0.22	0.22	0.08	-0.54	0.22	0.19	0.09	-0.38	0.16
Total Current Liabilities	-0.26	-0.22	-0.33	-0.45	-0.14	-0.31	0.2	0.48	0.76	0.42	0.18	-0.23	0.26		0.19	0.21	-0.4	-0.44	-0.54	0.8	0.21	-0.54	-0.51	-0.31	0.34	-0.43
Accounts Payable	0.17	0.22	-0.08	0.12	0.06	0.22	-0.33	0.05	-0.02	-0.23	-0.35	-0.32	0.33	0.19		-0.17	-0.34	-0.05	-0.05	0.26	0.1	-0.05	-0.08	-0.26	-0.39	0.07
Non Currrent Assets Other	-0.97	-0.97	-0.76	-0.81	0.25	-0.95	0.46	-0.07	0.39	0.78	0.44	0.64	-0.54	0.21	-0.17		-0.72	-0.85	-0.76	0.11	0.89	-0.76	-0.79	-0.6	0.9	-0.83
Net Receivables	0.77	0.73	0.8	0.78	-0.22	0.73	-0.23	-0.21	-0.52	-0.69	-0.19	-0.15	0.04	-0.4	-0.34	-0.72		0.87	0.84	-0.29	-0.85	0.84	0.87	0.9	-0.58	0.79
Total Liab	0.92	0.88	0.93	0.88	-0.32	0.88	-0.27	-0.16	-0.7	-0.86	-0.24	-0.33	0.22	-0.44	-0.05	-0.85	0.87		0.93	-0.36	-0.86	0.93	0.98	0.73	-0.78	0.95
Short Long Term Debt Total	0.85	0.81	0.81	0.8	-0.01	0.78	-0.18	-0.13	-0.68	-0.79	-0.15	-0.32	0.22	-0.54	-0.05	-0.76	0.84	0.93		-0.53	-0.84	1.0	0.97	0.71	-0.73	0.87
Other Current Liab	-0.14	-0.08	-0.34	-0.16	-0.16	-0.1	-0.12	0.11	0.59	0.11	-0.13	-0.07	0.08	0.8	0.26	0.11	-0.29	-0.36	-0.53		0.19	-0.53	-0.49	-0.21	0.11	-0.2
Current Deferred Revenue	-0.91	-0.9	-0.74	-0.69	0.11	-0.83	0.11	-0.21	0.29	0.67	0.08	0.63	-0.54	0.21	0.1	0.89	-0.85	-0.86	-0.84	0.19		-0.84	-0.84	-0.75	0.71	-0.78
Short Term Debt	0.85	0.81	0.81	0.8	-0.01	0.78	-0.18	-0.13	-0.68	-0.79	-0.15	-0.32	0.22	-0.54	-0.05	-0.76	0.84	0.93	1.0	-0.53	-0.84		0.97	0.71	-0.73	0.87
Non Current Liabilities Total	0.88	0.83	0.92	0.83	-0.25	0.82	-0.21	-0.16	-0.72	-0.81	-0.18	-0.3	0.19	-0.51	-0.08	-0.79	0.87	0.98	0.97	-0.49	-0.84	0.97		0.73	-0.73	0.9
Other Assets	0.64	0.6	0.66	0.66	-0.17	0.6	-0.16	-0.19	-0.41	-0.59	-0.12	-0.1	0.09	-0.31	-0.26	-0.6	0.9	0.73	0.71	-0.21	-0.75	0.71	0.73		-0.48	0.65
Common Stock	-0.9	-0.91	-0.67	-0.9	0.15	-0.93	0.64	0.22	0.56	0.89	0.62	0.44	-0.38	0.34	-0.39	0.9	-0.58	-0.78	-0.73	0.11	0.71	-0.73	-0.73	-0.48		-0.87
Other Liab	0.92	0.9	0.85	0.96	-0.28	0.9	-0.4	-0.31	-0.72	-0.95	-0.37	-0.26	0.16	-0.43	0.07	-0.83	0.79	0.95	0.87	-0.2	-0.78	0.87	0.9	0.65	-0.87

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Urbana Account Relationship Matchups

Urbana fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	290.7M	288.3M	348.1M	367.1M	450.6M	473.2M
Total Stockholder Equity	253.5M	249.2M	301.1M	309.6M	374.6M	393.3M
Net Debt	21.0M	22.1M	23.3M	31.7M	42.4M	44.5M
Retained Earnings	64.4M	73.6M	129.6M	144.2M	209.2M	219.6M
Cash	875.1K	732.5K	387.1K	268.6K	341.4K	324.4K
Non Current Assets Total	289.6M	287.2M	347.2M	364.2M	444.2M	466.4M
Cash And Short Term Investments	875.1K	732.5K	387.1K	268.6K	341.4K	324.4K
Common Stock Shares Outstanding	49.9M	47.9M	43.9M	42.1M	41.4M	42.6M
Liabilities And Stockholders Equity	290.7M	288.3M	348.1M	367.1M	450.6M	473.2M
Other Current Assets	(1.1M)	(1.1M)	(920.1K)	(3.0M)	(6.4M)	(6.1M)
Other Stockholder Equity	(251.2M)	(254.0M)	(362.6M)	(387.1M)	(517.1M)	(491.2M)
Total Current Assets	1.1M	1.1M	920.1K	3.0M	6.4M	6.1M
Total Current Liabilities	1.3M	1.5M	695.6K	175.3K	258.2K	245.3K
Accounts Payable	1.3M	1.5M	695.6K	175.3K	258.2K	245.3K
Non Currrent Assets Other	(290.7M)	(288.3M)	(348.1M)	(367.1M)	(450.6M)	(428.1M)
Net Receivables	240.5K	387.2K	533.0K	2.7M	6.1M	6.4M
Total Liab	37.2M	39.2M	47.0M	57.5M	76.1M	79.9M
Other Current Liab	(1.3M)	(1.5M)	(695.6K)	(175.3K)	(258.2K)	(245.3K)
Non Current Liabilities Total	21.9M	22.8M	23.7M	32M	42.7M	44.8M
Accumulated Other Comprehensive Income	253.5M	249.2M	301.1M	309.6M	374.6M	223.8M
Common Stock	122.4M	106.9M	103.4M	98.8M	88.9M	101.5M
Other Liab	13.7M	14.6M	22.3M	24.4M	28.0M	29.4M
Net Tangible Assets	253.5M	249.2M	301.1M	309.6M	356.0M	266.7M
Long Term Investments	289.6M	287.2M	347.2M	364.2M	444.2M	313.1M
Net Invested Capital	275.4M	272.0M	324.8M	341.6M	417.3M	328.5M
Capital Stock	122.4M	106.9M	103.4M	98.8M	88.9M	87.2M

Pair Trading with Urbana

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

Moving against Urbana Stock

0.78

VCM

Vecima Networks

Pair Corr

The ability to find closely correlated positions to Urbana could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Urbana 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 Urbana - 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 Urbana to buy it.

The correlation of Urbana 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 Urbana moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Urbana 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 Urbana 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 Correlation Correlation Matching

Additional Tools for Urbana Stock Analysis

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

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