Valens Other Current Assets vs Net Receivables Analysis

VLN Stock

USD 1.83 0.24 11.59%

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

To learn how to invest in Valens Stock, please use our How to Invest in Valens guide.

Other Current Assets vs Net Receivables

Other Current Assets vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Valens Other Current Assets account and Net Receivables. At this time, the significance of the direction appears to have weak relationship.

The correlation between Valens' Other Current Assets and Net Receivables is 0.31. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Valens, assuming nothing else is changed. The correlation between historical values of Valens' Other Current 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 Other Current Assets of Valens 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 Other Current Assets i.e., Valens' Other Current Assets and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.31

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Net Receivables

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

To learn how to invest in Valens Stock, please use our How to Invest in Valens guide.As of the 22nd of November 2024, Tax Provision is likely to drop to about 106.4 K. In addition to that, Selling General Administrative is likely to drop to about 13.2 M

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	1.1M	1.4M	1.6M	1.3M
Interest Income	1.4M	828K	6.7M	7.0M

Depreciation And Amortization Interest Income

Valens fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Capital Surpluse	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets
Total Assets		0.89	0.96	0.97	0.86	0.85	0.94	0.75	0.94	-0.81	-0.95	0.69	0.86	0.95	0.96	0.88	1.0	0.68	0.85	0.87	0.94	0.87	0.89	0.99	0.3	1.0
Short Long Term Debt Total	0.89		0.97	0.92	0.57	0.72	0.71	0.55	0.95	-0.87	-0.86	0.53	0.89	0.85	0.94	0.71	0.89	0.46	0.62	0.57	0.72	0.71	0.8	0.9	0.66	0.89
Other Current Liab	0.96	0.97		0.95	0.69	0.78	0.84	0.63	0.99	-0.86	-0.95	0.54	0.9	0.91	0.99	0.8	0.96	0.62	0.74	0.69	0.85	0.76	0.84	0.97	0.55	0.96
Total Current Liabilities	0.97	0.92	0.95		0.78	0.72	0.88	0.83	0.95	-0.72	-0.95	0.77	0.78	0.98	0.94	0.75	0.95	0.71	0.87	0.8	0.89	0.92	0.79	0.97	0.4	0.97
Total Stockholder Equity	0.86	0.57	0.69	0.78		0.84	0.93	0.75	0.66	-0.6	-0.75	0.76	0.64	0.79	0.69	0.88	0.87	0.61	0.82	0.99	0.91	0.84	0.82	0.83	-0.21	0.87
Other Liab	0.85	0.72	0.78	0.72	0.84		0.84	0.39	0.73	-0.9	-0.72	0.43	0.92	0.65	0.76	0.99	0.88	0.29	0.52	0.78	0.8	0.58	0.99	0.8	0.07	0.86
Net Tangible Assets	0.94	0.71	0.84	0.88	0.93	0.84		0.78	0.84	-0.67	-0.92	0.71	0.75	0.89	0.86	0.89	0.94	0.72	0.86	0.94	1.0	0.86	0.85	0.93	0.02	0.94
Property Plant And Equipment Net	0.75	0.55	0.63	0.83	0.75	0.39	0.78		0.65	-0.24	-0.76	0.92	0.32	0.89	0.65	0.46	0.71	0.85	0.96	0.83	0.79	0.97	0.44	0.76	0.02	0.74
Current Deferred Revenue	0.94	0.95	0.99	0.95	0.66	0.73	0.84	0.65		-0.81	-0.97	0.53	0.86	0.92	1.0	0.76	0.94	0.67	0.76	0.67	0.85	0.76	0.79	0.96	0.57	0.94
Net Debt	-0.81	-0.87	-0.86	-0.72	-0.6	-0.9	-0.67	-0.24	-0.81		0.7	-0.26	-0.99	-0.61	-0.82	-0.87	-0.84	-0.18	-0.38	-0.53	-0.64	-0.46	-0.93	-0.78	-0.46	-0.81
Retained Earnings	-0.95	-0.86	-0.95	-0.95	-0.75	-0.72	-0.92	-0.76	-0.97	0.7		-0.62	-0.78	-0.95	-0.98	-0.77	-0.94	-0.78	-0.85	-0.78	-0.94	-0.83	-0.77	-0.97	-0.39	-0.95
Accounts Payable	0.69	0.53	0.54	0.77	0.76	0.43	0.71	0.92	0.53	-0.26	-0.62		0.34	0.79	0.53	0.46	0.66	0.58	0.81	0.81	0.71	0.94	0.5	0.65	-0.1	0.68
Cash	0.86	0.89	0.9	0.78	0.64	0.92	0.75	0.32	0.86	-0.99	-0.78	0.34		0.68	0.87	0.89	0.88	0.27	0.45	0.59	0.73	0.53	0.95	0.83	0.44	0.86
Non Current Assets Total	0.95	0.85	0.91	0.98	0.79	0.65	0.89	0.89	0.92	-0.61	-0.95	0.79	0.68		0.92	0.7	0.93	0.82	0.94	0.83	0.91	0.94	0.71	0.96	0.33	0.95
Non Currrent Assets Other	0.96	0.94	0.99	0.94	0.69	0.76	0.86	0.65	1.0	-0.82	-0.98	0.53	0.87	0.92		0.8	0.95	0.67	0.76	0.7	0.88	0.76	0.82	0.97	0.53	0.96
Other Assets	0.88	0.71	0.8	0.75	0.88	0.99	0.89	0.46	0.76	-0.87	-0.77	0.46	0.89	0.7	0.8		0.91	0.41	0.61	0.83	0.86	0.62	0.97	0.84	0.05	0.89
Cash And Short Term Investments	1.0	0.89	0.96	0.95	0.87	0.88	0.94	0.71	0.94	-0.84	-0.94	0.66	0.88	0.93	0.95	0.91		0.65	0.82	0.86	0.94	0.84	0.91	0.99	0.29	1.0
Net Receivables	0.68	0.46	0.62	0.71	0.61	0.29	0.72	0.85	0.67	-0.18	-0.78	0.58	0.27	0.82	0.67	0.41	0.65		0.93	0.68	0.76	0.75	0.31	0.74	0.15	0.67
Common Stock Shares Outstanding	0.85	0.62	0.74	0.87	0.82	0.52	0.86	0.96	0.76	-0.38	-0.85	0.81	0.45	0.94	0.76	0.61	0.82	0.93		0.88	0.88	0.94	0.55	0.86	0.08	0.84
Short Term Investments	0.87	0.57	0.69	0.8	0.99	0.78	0.94	0.83	0.67	-0.53	-0.78	0.81	0.59	0.83	0.7	0.83	0.86	0.68	0.88		0.93	0.88	0.78	0.83	-0.2	0.87
Capital Surpluse	0.94	0.72	0.85	0.89	0.91	0.8	1.0	0.79	0.85	-0.64	-0.94	0.71	0.73	0.91	0.88	0.86	0.94	0.76	0.88	0.93		0.86	0.82	0.93	0.06	0.94
Inventory	0.87	0.71	0.76	0.92	0.84	0.58	0.86	0.97	0.76	-0.46	-0.83	0.94	0.53	0.94	0.76	0.62	0.84	0.75	0.94	0.88	0.86		0.64	0.86	0.09	0.86
Other Current Assets	0.89	0.8	0.84	0.79	0.82	0.99	0.85	0.44	0.79	-0.93	-0.77	0.5	0.95	0.71	0.82	0.97	0.91	0.31	0.55	0.78	0.82	0.64		0.84	0.16	0.89
Other Stockholder Equity	0.99	0.9	0.97	0.97	0.83	0.8	0.93	0.76	0.96	-0.78	-0.97	0.65	0.83	0.96	0.97	0.84	0.99	0.74	0.86	0.83	0.93	0.86	0.84		0.36	0.99
Total Liab	0.3	0.66	0.55	0.4	-0.21	0.07	0.02	0.02	0.57	-0.46	-0.39	-0.1	0.44	0.33	0.53	0.05	0.29	0.15	0.08	-0.2	0.06	0.09	0.16	0.36		0.3
Total Current Assets	1.0	0.89	0.96	0.97	0.87	0.86	0.94	0.74	0.94	-0.81	-0.95	0.68	0.86	0.95	0.96	0.89	1.0	0.67	0.84	0.87	0.94	0.86	0.89	0.99	0.3

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Valens Account Relationship Matchups

Pair Trading with Valens

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

Moving together with Valens Stock

0.71	VECO	Veeco Instruments	Pair Corr
0.63	FORM	FormFactor	Pair Corr
0.69	TER	Teradyne	Pair Corr

Moving against Valens Stock

0.58	CSCO	Cisco Systems	Pair Corr
0.55	EHGO	Eshallgo Class A	Pair Corr
0.47	IPGP	IPG Photonics	Pair Corr
0.43	CWAN	Clearwater Analytics	Pair Corr
0.33	KLIC	Kulicke and Soffa	Pair Corr

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

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

When determining whether Valens offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Valens' 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 Valens Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Valens Stock:

How To Invest In Valens

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Is Valens Stock a good investment?

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What is Valens' Net Worth?

Details

Largest Semiconductors & Semiconductor Equipment Companies

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Largest Information Technology Companies

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Valens. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

To learn how to invest in Valens Stock, please use our How to Invest in Valens guide.

You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.

Is Semiconductors & Semiconductor Equipment 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 Valens. If investors know Valens 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 Valens listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(0.25)

Revenue Per Share

0.604

Quarterly Revenue Growth

0.132

Return On Assets

(0.12)

Return On Equity

(0.17)

The market value of Valens is measured differently than its book value, which is the value of Valens that is recorded on the company's balance sheet. Investors also form their own opinion of Valens' value that differs from its market value or its book value, called intrinsic value, which is Valens' 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 Valens' market value can be influenced by many factors that don't directly affect Valens' 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 Valens' value and its price as these two are different measures arrived at by different means. Investors typically determine if Valens is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Valens' 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.

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Valens Other Current Assets vs Net Receivables Analysis

Other Current Assets vs Net Receivables

Other Current Assets vs Net Receivables Correlation Analysis

Correlation Coefficient

Other Current Assets

Net Receivables

Valens fundamental ratios Correlations

Valens Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Pair Trading with Valens

Moving together with Valens Stock

Moving against Valens Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Capital Surpluse	+ 1.0	Net Tangible Assets
Non Currrent Assets Other	+ 1.0	Current Deferred Revenue
Total Current Assets	+ 1.0	Cash And Short Term Investments
Other Stockholder Equity	+ 0.99	Total Assets

Cash	- 0.99	Net Debt
Non Currrent Assets Other	- 0.98	Retained Earnings
Other Stockholder Equity	- 0.97	Retained Earnings
Retained Earnings	- 0.97	Current Deferred Revenue
Total Current Assets	- 0.95	Retained Earnings
Non Current Assets Total	- 0.95	Retained Earnings