Accord Financial Revenue vs. Number Of Shares Shorted

ACD Stock  CAD 3.96  0.04  1.00%   
Taking into consideration Accord Financial's profitability measurements, Accord Financial Corp may not be well positioned to generate adequate gross income at the present time. It has a very high chance of underperforming in December. Profitability indicators assess Accord Financial's ability to earn profits and add value for shareholders.
 
Total Revenue  
First Reported
1996-03-31
Previous Quarter
20 M
Current Value
12.2 M
Quarterly Volatility
M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
At this time, Accord Financial's Days Sales Outstanding is very stable compared to the past year. As of the 27th of November 2024, EV To Sales is likely to grow to 10.58, while Price To Sales Ratio is likely to drop 0.84. At this time, Accord Financial's Net Income Per E B T is very stable compared to the past year.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.740.9842
Way Down
Very volatile
For Accord Financial profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Accord Financial to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Accord Financial Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Accord Financial's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Accord Financial Corp over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Accord Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Accord Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Accord Financial'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.

Accord Financial Corp Number Of Shares Shorted vs. Revenue Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Accord Financial's current stock value. Our valuation model uses many indicators to compare Accord Financial value to that of its competitors to determine the firm's financial worth.
Accord Financial Corp is rated fifth in revenue category among its peers. It is rated fourth in number of shares shorted category among its peers . The ratio of Revenue to Number Of Shares Shorted for Accord Financial Corp is about  98,900 . At this time, Accord Financial's Total Revenue is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Accord Financial by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Accord Financial's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

Accord Revenue vs. Competition

Accord Financial Corp is rated fifth in revenue category among its peers. Market size based on revenue of Financials industry is presently estimated at about 1.44 Billion. Accord Financial holds roughly 44.41 Million in revenue claiming about 3% of equities under Financials industry.

Accord Number Of Shares Shorted vs. Revenue

Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.

Accord Financial

Revenue

 = 

Money Received

-

Discounts and Returns

 = 
44.41 M
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.

Accord Financial

Shares Shorted

 = 

Shorted by Public

+

by Institutions

 = 
449
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.

Accord Number Of Shares Shorted Comparison

Accord Financial is currently under evaluation in number of shares shorted category among its peers.

Accord Financial Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Accord Financial, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Accord Financial will eventually generate negative long term returns. The profitability progress is the general direction of Accord Financial's change in net profit over the period of time. It can combine multiple indicators of Accord Financial, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income7.1 M7.4 M
Operating Income34.6 M36.3 M
Income Before Tax-27.2 M-25.8 M
Total Other Income Expense Net-61.8 M-58.7 M
Net Loss-14.6 M-13.9 M
Income Tax Expense-11.8 M-11.2 M
Net Loss-15.4 M-14.6 M
Net Income Applicable To Common Shares1.3 M1.2 M
Interest Income68.7 M72.2 M
Net Interest Income33.4 M34.1 M
Change To Netincome9.6 M10.1 M
Net Loss(1.71)(1.62)
Income Quality 3.50  3.67 
Net Income Per E B T 0.54  0.54 

Accord Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Accord Financial. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Accord Financial position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Accord Financial's important profitability drivers and their relationship over time.

Use Accord Financial in pair-trading

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

Accord Financial Pair Trading

Accord Financial Corp Pair Trading Analysis

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

Use Investing Themes to Complement your Accord Financial position

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Other Information on Investing in Accord Stock

To fully project Accord Financial's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Accord Financial Corp at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Accord Financial's income statement, its balance sheet, and the statement of cash flows.
Potential Accord Financial investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Accord Financial investors may work on each financial statement separately, they are all related. The changes in Accord Financial's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Accord Financial's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.