180 Retained Earnings vs Net Receivables Analysis
| TURN Stock | USD 3.65 0.16 4.20% |
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 Retained Earnings 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.
Retained Earnings vs Net Receivables
Retained Earnings 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 Retained Earnings account and Net Receivables. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between 180 Degree's Retained Earnings and Net Receivables is 0.47. Overlapping area represents the amount of variation of Retained Earnings 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 Retained Earnings 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 Retained Earnings 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 Retained Earnings i.e., 180 Degree's Retained Earnings and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.47 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.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 16th of December 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 Provision | 833.0 | 791.35 | Non Recurring | 233.0K | 231.5K |
180 Degree fundamental ratios Correlations
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180 Degree Account Relationship Matchups
High Positive Relationship
High Negative Relationship
180 Degree fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 99.8M | 99.3M | 115.4M | 67.0M | 51.2M | 94.0M | |
| Total Stockholder Equity | 95.2M | 96.3M | 110.6M | 65.5M | 50.2M | 88.8M | |
| 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) | |
| Cash | 11.3M | 11.5M | 4.2M | 655.5K | 282.2K | 268.1K | |
| Non Current Assets Total | 87.2M | 83.8M | 107.5M | 65.8M | 52.5M | 75.2M | |
| Non Currrent Assets Other | (17.2K) | (17.7K) | (130.3K) | (65.8M) | (50.7M) | (53.2M) | |
| Other Assets | 341.4K | 365.4K | 489.2K | 271.9K | (2.3M) | (2.2M) | |
| Cash And Short Term Investments | 11.3M | 11.5M | 4.2M | 655.5K | 282.2K | 268.1K | |
| Net Receivables | 875.0K | 3.4M | 3.3M | 262.9K | 302.4K | 287.3K | |
| Liabilities And Stockholders Equity | 99.8M | 99.3M | 115.4M | 67.0M | 51.2M | 94.0M | |
| Other Stockholder Equity | 118.2M | 117.6M | 114.4M | 111.1M | 99.3M | 119.4M | |
| Total Current Assets | 12.2M | 15.1M | 7.5M | 918.4K | 980.4K | 931.4K | |
| Total Liab | 735.3K | 735.3K | 575.5K | 1.4M | 952.8K | 905.2K | |
| Other Current Liab | (735.3K) | (735.3K) | (575.5K) | (689.2K) | (289.4K) | (275.0K) | |
| Total Current Liabilities | 735.3K | 735.3K | 575.5K | 689.2K | 289.4K | 275.0K | |
| Non Current Liabilities Total | 4.6M | 2.9M | 4.7M | 689.2K | 1.6M | 1.7M | |
| Accounts Payable | 735.3K | 735.3K | 575.5K | 689.2K | 289.4K | 275.0K | |
| Other Liab | 1.3M | 842.4K | 833.9K | 645.6K | 581.1K | 552.0K | |
| Other Current Assets | (12.2M) | 346.8K | 622.8K | 468.3K | 698.2K | 733.1K | |
| Property Plant Equipment | 17.2K | 17.7K | 130.3K | 87.8K | 79.0K | 119.9K | |
| Net Tangible Assets | 95.2M | 96.3M | 110.6M | 65.5M | 59.0M | 71.2M | |
| Long Term Investments | 87.2M | 83.8M | 107.5M | 65.7M | 50.6M | 70.1M |
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
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.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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
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.