Univest Depreciation vs Dividends Paid Analysis

UVSP Stock  USD 29.66  0.12  0.40%   
Univest Pennsylvania financial indicator trend analysis is much more than just breaking down Univest Pennsylvania prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Univest Pennsylvania is a good investment. Please check the relationship between Univest Pennsylvania Depreciation and its Dividends Paid accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Univest Pennsylvania. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
To learn how to invest in Univest Stock, please use our How to Invest in Univest Pennsylvania guide.

Depreciation vs Dividends Paid

JavaScript chart by amCharts 3.21.152014201620182020202220242.6M2.8M3M3.2M3.4M3.6M3.8M4M4.2M4.4M4.6M4.8M5M5.2M5.4M -25M-20M-15M-10M-5M05M10M15M20M25M
JavaScript chart by amCharts 3.21.15Depreciationtotal: 49MDividends Paidtotal: 140.2M

Depreciation vs Dividends Paid Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Univest Pennsylvania Depreciation account and Dividends Paid. At this time, the significance of the direction appears to have almost no relationship.
DepreciationDividends PaidDiversified AwayDepreciationDividends PaidDiversified Away100%
The correlation between Univest Pennsylvania's Depreciation and Dividends Paid is 0.18. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Dividends Paid in the same time period over historical financial statements of Univest Pennsylvania, assuming nothing else is changed. The correlation between historical values of Univest Pennsylvania's Depreciation and Dividends Paid is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Univest Pennsylvania are associated (or correlated) with its Dividends Paid. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividends Paid has no effect on the direction of Depreciation i.e., Univest Pennsylvania's Depreciation and Dividends Paid go up and down completely randomly.

Correlation Coefficient

0.18
Relationship DirectionPositive 
Relationship StrengthInsignificant

Depreciation

Depreciation indicates how much of Univest Pennsylvania value has been used up. For tax purposes Univest Pennsylvania can deduct the cost of the tangible assets it purchases as business expenses. However, Univest Pennsylvania must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Dividends Paid

The total amount of dividends that a company has paid out to its shareholders over a specific period.
Most indicators from Univest Pennsylvania's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Univest Pennsylvania 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 Univest Pennsylvania. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
To learn how to invest in Univest Stock, please use our How to Invest in Univest Pennsylvania guide.At this time, Univest Pennsylvania's Selling General Administrative is relatively stable compared to the past year. As of 12/24/2024, Issuance Of Capital Stock is likely to grow to about 2.6 M, though Enterprise Value Multiple is likely to grow to (521.26).
 2021 2022 2023 2024 (projected)
Interest Expense21.3M33.9M151.7M159.3M
Depreciation And Amortization5.6M5.8M4.6M3.6M

Univest Pennsylvania fundamental ratios Correlations

0.87-0.07-0.360.990.780.190.960.550.27-0.350.80.350.720.790.710.921.00.95-0.240.210.730.920.02-0.450.91
0.870.31-0.160.890.670.580.790.190.28-0.40.730.090.720.770.660.910.870.750.050.530.730.84-0.3-0.390.92
-0.070.310.330.020.020.45-0.25-0.260.35-0.15-0.230.030.230.25-0.240.24-0.08-0.160.80.680.230.04-0.460.030.14
-0.36-0.160.33-0.39-0.360.11-0.43-0.25-0.41-0.22-0.37-0.34-0.49-0.28-0.17-0.22-0.35-0.39-0.06-0.05-0.49-0.32-0.230.92-0.19
0.990.890.02-0.390.810.240.930.510.35-0.330.760.360.780.840.650.960.990.93-0.130.260.790.92-0.05-0.510.91
0.780.670.02-0.360.810.10.650.470.48-0.240.530.490.910.930.220.840.770.71-0.070.210.910.660.12-0.480.63
0.190.580.450.110.240.10.16-0.69-0.05-0.140.23-0.580.250.230.360.310.18-0.010.210.510.250.3-0.66-0.130.44
0.960.79-0.25-0.430.930.650.160.510.1-0.270.840.260.610.640.830.80.960.93-0.370.120.620.910.0-0.470.86
0.550.19-0.26-0.250.510.47-0.690.510.3-0.240.360.770.330.40.160.430.550.68-0.22-0.150.340.380.54-0.170.29
0.270.280.35-0.410.350.48-0.050.10.3-0.090.10.650.550.52-0.370.450.250.20.550.410.550.180.08-0.60.1
-0.35-0.4-0.15-0.22-0.33-0.24-0.14-0.27-0.24-0.09-0.210.0-0.16-0.28-0.27-0.38-0.35-0.310.19-0.11-0.16-0.12-0.08-0.13-0.41
0.80.73-0.23-0.370.760.530.230.840.360.1-0.210.160.510.470.710.630.810.76-0.260.330.520.78-0.02-0.450.73
0.350.090.03-0.340.360.49-0.580.260.770.650.00.160.470.46-0.210.360.350.380.230.160.470.310.37-0.390.06
0.720.720.23-0.490.780.910.250.610.330.55-0.160.510.470.940.220.810.720.620.250.51.00.67-0.06-0.670.62
0.790.770.25-0.280.840.930.230.640.40.52-0.280.470.460.940.240.910.780.670.150.380.940.69-0.05-0.470.69
0.710.66-0.24-0.170.650.220.360.830.16-0.37-0.270.71-0.210.220.240.490.710.7-0.470.060.230.74-0.24-0.170.77
0.920.910.24-0.220.960.840.310.80.430.45-0.380.630.360.810.910.490.920.840.020.340.820.85-0.12-0.390.89
1.00.87-0.08-0.350.990.770.180.960.550.25-0.350.810.350.720.780.710.920.95-0.250.20.720.920.02-0.440.91
0.950.75-0.16-0.390.930.71-0.010.930.680.2-0.310.760.380.620.670.70.840.95-0.320.040.630.870.11-0.390.87
-0.240.050.8-0.06-0.13-0.070.21-0.37-0.220.550.19-0.260.230.250.15-0.470.02-0.25-0.320.720.25-0.12-0.32-0.31-0.18
0.210.530.68-0.050.260.210.510.12-0.150.41-0.110.330.160.50.380.060.340.20.040.720.50.3-0.41-0.410.25
0.730.730.23-0.490.790.910.250.620.340.55-0.160.520.471.00.940.230.820.720.630.250.50.68-0.06-0.680.63
0.920.840.04-0.320.920.660.30.910.380.18-0.120.780.310.670.690.740.850.920.87-0.120.30.68-0.18-0.440.89
0.02-0.3-0.46-0.23-0.050.12-0.660.00.540.08-0.08-0.020.37-0.06-0.05-0.24-0.120.020.11-0.32-0.41-0.06-0.18-0.02-0.2
-0.45-0.390.030.92-0.51-0.48-0.13-0.47-0.17-0.6-0.13-0.45-0.39-0.67-0.47-0.17-0.39-0.44-0.39-0.31-0.41-0.68-0.44-0.02-0.29
0.910.920.14-0.190.910.630.440.860.290.1-0.410.730.060.620.690.770.890.910.87-0.180.250.630.89-0.2-0.29
Click cells to compare fundamentals

Univest Pennsylvania Account Relationship Matchups

Univest Pennsylvania fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.4B6.3B7.1B7.2B7.8B8.2B
Short Long Term Debt Total301.2M349.1M247.4M473.6M493.6M518.3M
Other Current Liab(63.2M)(52.2M)(46.1M)(209.7M)12.4M11.8M
Total Current Liabilities63.2M52.2M46.1M191.2M41.2M39.1M
Total Stockholder Equity672.6M692.5M773.8M776.5M839.2M881.2M
Property Plant And Equipment Net91.1M90.0M87.3M81.0M83.2M42.3M
Net Debt176.1M111.3M(662.8M)320.8M243.8M256.0M
Retained Earnings288.8M306.9M375.1M428.6M474.7M498.4M
Cash125.1M219.9M890.2M152.8M249.8M262.3M
Non Current Assets Total715.5M644.6M771.6M592.8M269.7M530.7M
Non Currrent Assets Other(25.6M)(37.6M)(31.8M)(228.3M)(229.8M)(218.3M)
Other Assets4.1B5.1B4.9B6.0B7.3B7.6B
Cash And Short Term Investments372.1M438.5M1.2B503.1M249.8M248.5M
Common Stock Shares Outstanding29.3M29.3M29.6M29.6M29.5M20.4M
Liabilities And Stockholders Equity5.4B6.3B7.1B7.2B7.8B8.2B
Non Current Liabilities Total282.5M331.2M227.3M3.8B6.9B7.2B
Other Stockholder Equity247.8M249.9M257.2M252.2M257.4M270.2M
Total Liab4.7B5.6B6.3B6.4B6.9B7.3B
Property Plant And Equipment Gross91.1M90.0M133.9M81.0M132.6M139.2M
Total Current Assets542.5M627.4M1.4B660.4M259.5M246.5M
Accumulated Other Comprehensive Income(21.7M)(22.1M)(16.4M)(62.1M)(50.6M)(48.1M)
Short Term Debt18.7M55.6M53.6M125M96.0M58.3M
Net Receivables170.5M188.9M208.9M239.5M277.6M291.4M
Other Liab724K89.9M79.5M11.1M12.8M12.1M
Accounts Payable44.5M52.2M46.1M14.5M28.7M27.3M
Long Term Debt244.9M293.5M193.9M243.3M458.8M481.7M
Short Term Investments246.9M218.6M317.0M350.3M(270.8M)(257.2M)
Treasury Stock(44.7M)(46.3M)(41.9M)(48.6M)(43.8M)(46.0M)
Intangible Assets10.3M8.9M11.8M11.4M11.0M11.1M
Property Plant Equipment56.7M55.6M56.9M50.9M58.6M40.4M
Other Current Assets153.7M255.2M921.1M213.5M9.7M9.2M
Inventory(153.7M)(255.2M)(921.1M)19.3M(204.8M)(194.5M)
Net Tangible Assets492.3M511.0M773.8M589.6M678.0M441.7M
Retained Earnings Total Equity288.8M306.9M375.1M428.6M492.9M252.7M
Long Term Debt Total244.9M293.5M193.9M243.3M279.7M193.9M
Capital Surpluse295.0M296.2M299.2M300.8M345.9M230.9M
Long Term Investments4.8B5.6B5.8B507.6M500.6M475.6M

Pair Trading with Univest Pennsylvania

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

Moving together with Univest Stock

  0.93AX Axos FinancialPairCorr
  0.93BY Byline Bancorp Fiscal Year End 23rd of January 2025 PairCorr
  0.93PB Prosperity Bancshares Fiscal Year End 22nd of January 2025 PairCorr

Moving against Univest Stock

  0.73CFG-PE Citizens FinancialPairCorr
  0.66TFC-PR Truist FinancialPairCorr
  0.62TFC-PO Truist FinancialPairCorr
  0.44WF Woori Financial GroupPairCorr
  0.34KEY-PI KeyCorpPairCorr
The ability to find closely correlated positions to Univest Pennsylvania could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Univest Pennsylvania 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 Univest Pennsylvania - 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 Univest Pennsylvania to buy it.
The correlation of Univest Pennsylvania 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 Univest Pennsylvania moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Univest Pennsylvania 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 Univest Pennsylvania 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

Additional Tools for Univest Stock Analysis

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

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