Abeona Other Non Cash Items vs End Period Cash Flow Analysis

ABEO Stock  USD 5.98  0.06  1.01%   
Abeona Therapeutics financial indicator trend analysis is way more than just evaluating Abeona Therapeutics prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Abeona Therapeutics is a good investment. Please check the relationship between Abeona Therapeutics Other Non Cash Items and its End Period Cash Flow accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Abeona Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
To learn how to invest in Abeona Stock, please use our How to Invest in Abeona Therapeutics guide.

Other Non Cash Items vs End Period Cash Flow

Other Non Cash Items vs End Period Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Abeona Therapeutics Other Non Cash Items account and End Period Cash Flow. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Abeona Therapeutics' Other Non Cash Items and End Period Cash Flow is -0.02. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of End Period Cash Flow in the same time period over historical financial statements of Abeona Therapeutics, assuming nothing else is changed. The correlation between historical values of Abeona Therapeutics' Other Non Cash Items and End Period Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Non Cash Items of Abeona Therapeutics are associated (or correlated) with its End Period Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when End Period Cash Flow has no effect on the direction of Other Non Cash Items i.e., Abeona Therapeutics' Other Non Cash Items and End Period Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.02
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Non Cash Items

End Period Cash Flow

Most indicators from Abeona Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Abeona Therapeutics 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Abeona Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
To learn how to invest in Abeona Stock, please use our How to Invest in Abeona Therapeutics guide.At this time, Abeona Therapeutics' Issuance Of Capital Stock is very stable compared to the past year. As of the 11th of December 2024, Sales General And Administrative To Revenue is likely to grow to 10.49, while Selling General Administrative is likely to drop about 18.1 M.

Abeona Therapeutics fundamental ratios Correlations

0.680.580.650.98-0.66-0.310.70.760.97-0.190.34-0.03-0.1-0.40.540.430.390.970.480.570.930.660.420.060.7
0.68-0.030.120.73-0.48-0.10.620.560.69-0.140.05-0.06-0.08-0.310.280.30.030.690.170.080.590.040.01-0.080.47
0.58-0.030.950.47-0.27-0.330.460.310.54-0.080.460.04-0.14-0.230.490.160.580.550.560.720.560.950.60.150.31
0.650.120.950.53-0.16-0.40.680.240.58-0.030.480.04-0.04-0.230.620.120.690.590.610.80.670.880.650.40.47
0.980.730.470.53-0.75-0.170.630.830.96-0.250.22-0.13-0.22-0.490.470.440.220.950.440.450.90.590.28-0.080.67
-0.66-0.48-0.27-0.16-0.75-0.01-0.11-0.99-0.740.19-0.030.160.360.36-0.13-0.250.14-0.73-0.22-0.14-0.48-0.43-0.030.6-0.27
-0.31-0.1-0.33-0.4-0.17-0.01-0.4-0.06-0.35-0.64-0.92-0.77-0.76-0.48-0.47-0.32-0.84-0.37-0.36-0.69-0.14-0.36-0.86-0.3-0.01
0.70.620.460.680.63-0.11-0.40.250.60.10.350.00.05-0.320.720.180.530.620.610.640.740.420.490.510.63
0.760.560.310.240.83-0.99-0.060.250.82-0.180.1-0.12-0.3-0.380.220.3-0.040.810.280.230.60.460.12-0.470.4
0.970.690.540.580.96-0.74-0.350.60.82-0.160.380.03-0.09-0.310.490.430.351.00.420.520.810.660.4-0.080.54
-0.19-0.14-0.08-0.03-0.250.19-0.640.1-0.18-0.160.630.720.610.460.370.030.43-0.120.370.35-0.3-0.070.630.19-0.28
0.340.050.460.480.22-0.03-0.920.350.10.380.630.780.660.470.50.410.830.410.460.760.170.50.940.250.01
-0.03-0.060.040.04-0.130.16-0.770.0-0.120.030.720.780.880.730.010.250.680.04-0.050.25-0.190.110.670.13-0.17
-0.1-0.08-0.14-0.04-0.220.36-0.760.05-0.3-0.090.610.660.880.81-0.050.090.7-0.08-0.20.21-0.17-0.110.560.42-0.03
-0.4-0.31-0.23-0.23-0.490.36-0.48-0.32-0.38-0.310.460.470.730.81-0.33-0.240.43-0.31-0.41-0.04-0.51-0.190.290.21-0.36
0.540.280.490.620.47-0.13-0.470.720.220.490.370.50.01-0.05-0.330.260.410.540.940.820.480.470.630.380.24
0.430.30.160.120.44-0.25-0.320.180.30.430.030.410.250.09-0.240.260.160.440.260.330.360.220.36-0.20.22
0.390.030.580.690.220.14-0.840.53-0.040.350.430.830.680.70.430.410.160.360.30.720.350.560.880.580.31
0.970.690.550.590.95-0.73-0.370.620.811.0-0.120.410.04-0.08-0.310.540.440.360.460.550.810.660.43-0.060.54
0.480.170.560.610.44-0.22-0.360.610.280.420.370.46-0.05-0.2-0.410.940.260.30.460.810.440.530.610.190.17
0.570.080.720.80.45-0.14-0.690.640.230.520.350.760.250.21-0.040.820.330.720.550.810.530.690.880.430.35
0.930.590.560.670.9-0.48-0.140.740.60.81-0.30.17-0.19-0.17-0.510.480.360.350.810.440.530.580.320.230.86
0.660.040.950.880.59-0.43-0.360.420.460.66-0.070.50.11-0.11-0.190.470.220.560.660.530.690.580.60.040.29
0.420.010.60.650.28-0.03-0.860.490.120.40.630.940.670.560.290.630.360.880.430.610.880.320.60.390.21
0.06-0.080.150.4-0.080.6-0.30.51-0.47-0.080.190.250.130.420.210.38-0.20.58-0.060.190.430.230.040.390.43
0.70.470.310.470.67-0.27-0.010.630.40.54-0.280.01-0.17-0.03-0.360.240.220.310.540.170.350.860.290.210.43
Click cells to compare fundamentals

Abeona Therapeutics Account Relationship Matchups

Abeona Therapeutics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets223.4M151.2M79.6M64.2M64.0M49.3M
Short Long Term Debt Total8.0M8.7M9.4M7.6M5.4M7.9M
Other Current Liab32.9M33.2M8.4M2.4M9.6M5.1M
Total Current Liabilities38.7M42.0M16.6M7.8M13.4M9.8M
Total Stockholder Equity178.4M102.6M51.4M26.8M14.8M28.6M
Net Debt(121.3M)(3.9M)(23.6M)(6.6M)(9.1M)(9.5M)
Retained Earnings(486.5M)(570.7M)(655.6M)(695.3M)(749.5M)(712.0M)
Accounts Payable3.8M4.7M4.3M1.8M1.9M2.5M
Cash129.3M12.6M32.9M14.2M14.5M19.9M
Cash And Short Term Investments129.3M95.0M45.0M52.1M52.2M30.8M
Common Stock Total Equity469K479K836K961K1.1M1.2M
Common Stock Shares Outstanding2.0M3.7M3.9M7.9M21.4M22.4M
Liabilities And Stockholders Equity223.4M151.2M79.6M64.2M64.0M49.3M
Non Current Liabilities Total6.3M6.7M11.6M29.7M35.8M37.5M
Other Current Assets3.1M5.4M8.3M762K1.1M1.2M
Other Stockholder Equity664.1M672.3M705.6M722.0M764.2M802.4M
Total Liab45.0M48.6M28.2M37.5M49.2M51.6M
Total Current Assets132.4M97.7M56.3M53.1M55.7M32.7M
Common Stock836K961K1.5M177K265K417.6K
Property Plant And Equipment Net21.2M18.4M21.7M11.1M8.0M8.4M
Non Current Assets Total91.0M53.5M23.3M11.1M8.3M7.9M
Non Currrent Assets Other1.1M1.1M168K43K277K319.9K
Property Plant And Equipment Gross21.2M18.4M21.7M11.1M21.0M22.0M
Short Term Debt1.7M3.8M3.6M3.5M2.0M2.5M
Intangible Assets43.0M36.2M1.5M1.4M1.6M1.5M
Other Assets1.1M1.1M1.1M43K38.7K36.8K
Property Plant Equipment13.2M18.4M21.7M11.1M12.7M13.4M
Other Liab3.1M20M4.0M23.8M27.4M28.8M
Retained Earnings Total Equity(359.8M)(410.2M)(486.5M)(570.7M)(513.6M)(488.0M)
Net Tangible Assets178.4M68.6M50.0M26.8M30.8M29.2M
Capital Surpluse529.4M543.8M664.1M672.3M773.1M518.5M

Pair Trading with Abeona Therapeutics

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 Abeona Therapeutics 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 Abeona Therapeutics will appreciate offsetting losses from the drop in the long position's value.

Moving together with Abeona Stock

  0.74FLGC Flora Growth CorpPairCorr

Moving against Abeona Stock

  0.48PTN Palatin TechnologiesPairCorr
The ability to find closely correlated positions to Abeona Therapeutics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Abeona Therapeutics 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 Abeona Therapeutics - 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 Abeona Therapeutics to buy it.
The correlation of Abeona Therapeutics 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 Abeona Therapeutics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Abeona Therapeutics 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 Abeona Therapeutics 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
When determining whether Abeona Therapeutics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Abeona Therapeutics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Abeona Therapeutics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Abeona Therapeutics Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Abeona Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
To learn how to invest in Abeona Stock, please use our How to Invest in Abeona Therapeutics guide.
You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Is Biotechnology 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 Abeona Therapeutics. If investors know Abeona 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 Abeona Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.05)
Quarterly Revenue Growth
(1.00)
Return On Assets
(0.38)
Return On Equity
(1.27)
The market value of Abeona Therapeutics is measured differently than its book value, which is the value of Abeona that is recorded on the company's balance sheet. Investors also form their own opinion of Abeona Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Abeona Therapeutics' 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 Abeona Therapeutics' market value can be influenced by many factors that don't directly affect Abeona Therapeutics' 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 Abeona Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Abeona Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Abeona Therapeutics' 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.