AER Ev To Sales vs Average Payables Analysis
| AERN Stock | USD 0.0001 0.00 0.00% |
AER Energy financial indicator trend analysis is way more than just evaluating AER Energy Resources prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AER Energy Resources is a good investment. Please check the relationship between AER Energy Ev To Sales and its Average Payables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AER Energy Resources. 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.
Ev To Sales vs Average Payables
Ev To Sales vs Average Payables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AER Energy Resources Ev To Sales account and Average Payables. At this time, the significance of the direction appears to have no relationship.
The correlation between AER Energy's Ev To Sales and Average Payables is 0.09. Overlapping area represents the amount of variation of Ev To Sales that can explain the historical movement of Average Payables in the same time period over historical financial statements of AER Energy Resources, assuming nothing else is changed. The correlation between historical values of AER Energy's Ev To Sales and Average Payables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ev To Sales of AER Energy Resources are associated (or correlated) with its Average Payables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Average Payables has no effect on the direction of Ev To Sales i.e., AER Energy's Ev To Sales and Average Payables go up and down completely randomly.
Correlation Coefficient | 0.09 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Ev To Sales
The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.Average Payables
The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.Most indicators from AER Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AER Energy Resources 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 AER Energy Resources. 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. As of the 12th of December 2024, Selling General Administrative is likely to grow to about 603.7 K, while Enterprise Value Over EBITDA is likely to drop (2.69).
| 2010 | 2011 | 2023 | 2024 (projected) | Gross Profit | 431.3K | 28.7K | 25.8K | 24.6K | Total Revenue | 431K | 28.7K | 33.0K | 31.4K |
AER Energy fundamental ratios Correlations
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AER Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with AER Energy
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 AER Energy 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 AER Energy will appreciate offsetting losses from the drop in the long position's value.Moving together with AER Stock
Moving against AER Stock
| 0.77 | GD | General Dynamics Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.59 | SOL | Emeren Group | PairCorr |
| 0.57 | FC | Franklin Covey | PairCorr |
| 0.48 | RUN | Sunrun Inc | PairCorr |
| 0.46 | CP | Canadian Pacific Railway | PairCorr |
The ability to find closely correlated positions to AER Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AER Energy 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 AER Energy - 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 AER Energy Resources to buy it.
The correlation of AER Energy 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 AER Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AER Energy Resources 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 AER Energy 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in AER Energy Resources. 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 Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Electrical Components & Equipment 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 AER Energy. If investors know AER 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 AER Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.01) | Quarterly Revenue Growth 10.631 | Return On Assets (0.33) | Return On Equity (0.02) |
The market value of AER Energy Resources is measured differently than its book value, which is the value of AER that is recorded on the company's balance sheet. Investors also form their own opinion of AER Energy's value that differs from its market value or its book value, called intrinsic value, which is AER Energy'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 AER Energy's market value can be influenced by many factors that don't directly affect AER Energy'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 AER Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if AER Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AER Energy'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.