XBP Net Receivables vs Depreciation And Amortization Analysis
XBP Stock | 1.06 0.05 4.95% |
XBP Europe financial indicator trend analysis is more than just analyzing XBP Europe Holdings current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether XBP Europe Holdings is a good investment. Please check the relationship between XBP Europe Net Receivables and its Depreciation And Amortization accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in XBP Europe Holdings. 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 labor statistics.
Net Receivables vs Depreciation And Amortization
Net Receivables vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of XBP Europe Holdings Net Receivables account and Depreciation And Amortization. At this time, the significance of the direction appears to have very strong relationship.
The correlation between XBP Europe's Net Receivables and Depreciation And Amortization is 0.85. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of XBP Europe Holdings, assuming nothing else is changed. The correlation between historical values of XBP Europe's Net Receivables and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of XBP Europe Holdings are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Net Receivables i.e., XBP Europe's Net Receivables and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | 0.85 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Net Receivables
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Most indicators from XBP Europe's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into XBP Europe Holdings 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in XBP Europe Holdings. 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 labor statistics. At this time, XBP Europe's Selling General Administrative is relatively stable compared to the past year. As of 12/20/2024, Tax Provision is likely to grow to about 2.2 M, though Sales General And Administrative To Revenue is likely to grow to (0).
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 2.8M | 3.1M | 7.2M | 4.2M | Depreciation And Amortization | 4.9M | 4.4M | 3.9M | 4.6M |
XBP Europe fundamental ratios Correlations
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XBP Europe Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with XBP Europe
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 XBP Europe 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 XBP Europe will appreciate offsetting losses from the drop in the long position's value.Moving against XBP Stock
The ability to find closely correlated positions to XBP Europe could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace XBP Europe 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 XBP Europe - 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 XBP Europe Holdings to buy it.
The correlation of XBP Europe 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 XBP Europe moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if XBP Europe Holdings 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 XBP Europe 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.Additional Tools for XBP Stock Analysis
When running XBP Europe's price analysis, check to measure XBP Europe'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 XBP Europe is operating at the current time. Most of XBP Europe's value examination focuses on studying past and present price action to predict the probability of XBP Europe's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move XBP Europe's price. Additionally, you may evaluate how the addition of XBP Europe to your portfolios can decrease your overall portfolio volatility.