Fenbo Total Assets vs Current Deferred Revenue Analysis
| FEBO Stock | 1.49 0.07 4.49% |
Fenbo Holdings financial indicator trend analysis is much more than just examining Fenbo Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fenbo Holdings is a good investment. Please check the relationship between Fenbo Holdings Total Assets and its Current Deferred Revenue accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fenbo Holdings Limited. 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.
Total Assets vs Current Deferred Revenue
Total Assets vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fenbo Holdings Total Assets account and Current Deferred Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between Fenbo Holdings' Total Assets and Current Deferred Revenue is 0.77. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Fenbo Holdings Limited, assuming nothing else is changed. The correlation between historical values of Fenbo Holdings' Total Assets and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Fenbo Holdings Limited are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Total Assets i.e., Fenbo Holdings' Total Assets and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | 0.77 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Total Assets
Total assets refers to the total amount of Fenbo Holdings assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Fenbo Holdings books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Most indicators from Fenbo Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fenbo 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fenbo Holdings Limited. 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. As of the 11th of December 2024, Tax Provision is likely to drop to about 124.5 K. In addition to that, Selling General Administrative is likely to drop to about 110.6 M
| 2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 6.1M | 5.5M | 46.2M | 48.5M | Interest Income | 17K | 20K | 84K | 88.2K |
Fenbo Holdings fundamental ratios Correlations
Click cells to compare fundamentals
Fenbo Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Fenbo Holdings
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 Fenbo Holdings 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 Fenbo Holdings will appreciate offsetting losses from the drop in the long position's value.Moving against Fenbo Stock
| 0.89 | AS | Amer Sports, | PairCorr |
| 0.89 | RL | Ralph Lauren Corp | PairCorr |
| 0.85 | KTB | Kontoor Brands | PairCorr |
| 0.82 | DOGZ | Dogness International | PairCorr |
| 0.81 | UA | Under Armour C | PairCorr |
The ability to find closely correlated positions to Fenbo Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fenbo Holdings 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 Fenbo Holdings - 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 Fenbo Holdings Limited to buy it.
The correlation of Fenbo Holdings 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 Fenbo Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fenbo 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 Fenbo Holdings 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fenbo Holdings Limited. 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. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Household Appliances 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 Fenbo Holdings. If investors know Fenbo 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 Fenbo Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.04) | Revenue Per Share 12.006 | Quarterly Revenue Growth 0.142 | Return On Assets (0.02) | Return On Equity (0.08) |
The market value of Fenbo Holdings is measured differently than its book value, which is the value of Fenbo that is recorded on the company's balance sheet. Investors also form their own opinion of Fenbo Holdings' value that differs from its market value or its book value, called intrinsic value, which is Fenbo Holdings' 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 Fenbo Holdings' market value can be influenced by many factors that don't directly affect Fenbo Holdings' 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 Fenbo Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Fenbo Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fenbo Holdings' 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.