Victorias Cash And Short Term Investments vs Non Currrent Assets Other Analysis
| VSCO Stock | USD 38.84 0.85 2.24% |
Victorias Secret financial indicator trend analysis is much more than just breaking down Victorias Secret prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Victorias Secret is a good investment. Please check the relationship between Victorias Secret Cash And Short Term Investments and its Non Currrent Assets Other accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Victorias Secret Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Cash And Short Term Investments vs Non Currrent Assets Other
Cash And Short Term Investments vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Victorias Secret Cash And Short Term Investments account and Non Currrent Assets Other. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Victorias Secret's Cash And Short Term Investments and Non Currrent Assets Other is -0.69. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Victorias Secret Co, assuming nothing else is changed. The correlation between historical values of Victorias Secret's Cash And Short Term Investments and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Victorias Secret Co are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Cash And Short Term Investments i.e., Victorias Secret's Cash And Short Term Investments and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | -0.69 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Victorias Secret balance sheet. This account contains Victorias Secret investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Victorias Secret Co fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Most indicators from Victorias Secret's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Victorias Secret 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 Victorias Secret Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. At this time, Victorias Secret's Tax Provision is very stable compared to the past year. As of the 29th of November 2024, Enterprise Value Over EBITDA is likely to grow to 25.08, while Selling General Administrative is likely to drop about 1.6 B.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 27.4M | 60.4M | 99M | 104.0M | Depreciation And Amortization | 303M | 274M | 284M | 268.8M |
Victorias Secret fundamental ratios Correlations
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Victorias Secret Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Victorias Secret
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 Victorias Secret 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 Victorias Secret will appreciate offsetting losses from the drop in the long position's value.Moving together with Victorias Stock
Moving against Victorias Stock
| 0.78 | HVT | Haverty Furniture | PairCorr |
| 0.76 | BBY | Best Buy | PairCorr |
| 0.75 | ASO | Academy Sports Outdoors | PairCorr |
| 0.49 | DKS | Dicks Sporting Goods | PairCorr |
| 0.42 | FND | Floor Decor Holdings | PairCorr |
The ability to find closely correlated positions to Victorias Secret could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Victorias Secret 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 Victorias Secret - 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 Victorias Secret Co to buy it.
The correlation of Victorias Secret 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 Victorias Secret moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Victorias Secret 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 Victorias Secret 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 Victorias Secret Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is Specialty Retail 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 Victorias Secret. If investors know Victorias 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 Victorias Secret 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 0.099 | Earnings Share 1.75 | Revenue Per Share 78.526 | Quarterly Revenue Growth (0.01) | Return On Assets 0.0345 |
The market value of Victorias Secret is measured differently than its book value, which is the value of Victorias that is recorded on the company's balance sheet. Investors also form their own opinion of Victorias Secret's value that differs from its market value or its book value, called intrinsic value, which is Victorias Secret'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 Victorias Secret's market value can be influenced by many factors that don't directly affect Victorias Secret'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 Victorias Secret's value and its price as these two are different measures arrived at by different means. Investors typically determine if Victorias Secret is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Victorias Secret'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.