Seer Cash vs Retained Earnings Analysis
SEER Stock | USD 2.47 0.03 1.20% |
Seer financial indicator trend analysis is much more than just breaking down Seer Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Seer Inc is a good investment. Please check the relationship between Seer Cash and its Retained Earnings accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Seer Inc. 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.
Cash vs Retained Earnings
Cash vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Seer Inc Cash account and Retained Earnings. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Seer's Cash and Retained Earnings is -0.07. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Seer Inc, assuming nothing else is changed. The correlation between historical values of Seer's Cash and Retained Earnings 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 of Seer Inc are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Cash i.e., Seer's Cash and Retained Earnings go up and down completely randomly.
Correlation Coefficient | -0.07 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Cash
Cash refers to the most liquid asset of Seer Inc, which is listed under current asset account on Seer Inc balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Seer customers. The amounts must be unrestricted with restricted cash listed in a different Seer account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Most indicators from Seer's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Seer Inc 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 Seer Inc. 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. As of 11/29/2024, Selling General Administrative is likely to drop to about 34.4 M. Issuance Of Capital Stock is expected to grow at the current pace this year
2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 326K | 4.6M | 15.5M | 16.3M | Net Interest Income | 304K | 4.6M | 15.5M | 16.3M |
Seer fundamental ratios Correlations
Click cells to compare fundamentals
Seer Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Seer fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 93.2M | 442.3M | 539.1M | 487.9M | 436.3M | 372.6M | |
Other Current Liab | 2.9M | 5.7M | 7.1M | 6.3M | 6.6M | 5.4M | |
Total Current Liabilities | 3.8M | 8.1M | 13.4M | 12.6M | 13.2M | 10.1M | |
Total Stockholder Equity | 87.7M | 431.6M | 502.9M | 447.0M | 396.9M | 347.6M | |
Other Liab | 1.7M | 2.6M | 341K | 320K | 288K | 273.6K | |
Net Tangible Assets | (20.3M) | 431.6M | 502.9M | 447.0M | 514.0M | 298.2M | |
Property Plant And Equipment Net | 5.7M | 8.4M | 33.2M | 46.4M | 47.4M | 26.3M | |
Net Debt | (17.5M) | (333.6M) | (209.5M) | (23.3M) | (4.2M) | (4.5M) | |
Retained Earnings | (22.6M) | (55.4M) | (126.5M) | (219.5M) | (305.8M) | (290.5M) | |
Accounts Payable | 701K | 2.1M | 3.8M | 2.1M | 1.4M | 1.7M | |
Cash | 17.5M | 333.6M | 232.8M | 53.2M | 32.5M | 30.9M | |
Non Current Assets Total | 6.4M | 9.2M | 127.4M | 52.9M | 105.8M | 55.8M | |
Non Currrent Assets Other | 400K | 407K | 1.0M | 1.4M | 1.5M | 891.6K | |
Other Assets | 743K | 750K | 539.1M | 1.4M | 1.6M | 1.5M | |
Cash And Short Term Investments | 86.0M | 431.9M | 400.1M | 421.2M | 316.2M | 309.2M | |
Net Receivables | 326K | 262K | 4.1M | 7.0M | 6.7M | 3.4M | |
Short Term Investments | 68.5M | 98.3M | 167.3M | 368.0M | 283.7M | 180.7M | |
Liabilities And Stockholders Equity | 93.2M | 442.3M | 539.1M | 487.9M | 436.3M | 372.6M | |
Non Current Liabilities Total | 1.7M | 2.6M | 22.8M | 28.4M | 26.1M | 15.0M | |
Other Current Assets | 460K | 452K | 3.3M | 2.1M | 3.1M | 1.8M | |
Other Stockholder Equity | 2.3M | 486.9M | 630.0M | 667.7M | 702.9M | 456.6M | |
Total Liab | 5.6M | 10.7M | 36.2M | 40.9M | 39.4M | 25.0M | |
Net Invested Capital | (20.3M) | 431.6M | 502.9M | 447.0M | 396.9M | 321.3M | |
Property Plant And Equipment Gross | 5.7M | 8.4M | 33.2M | 46.4M | 59.9M | 62.9M | |
Total Current Assets | 86.8M | 433.1M | 411.7M | 435.0M | 330.5M | 316.9M | |
Accumulated Other Comprehensive Income | 24K | 54K | (536K) | (1.3M) | (192K) | (201.6K) | |
Non Current Liabilities Other | 69K | 717K | 22.8M | 28.4M | 179K | 170.1K | |
Net Working Capital | 83.0M | 425.0M | 398.3M | 422.4M | 317.3M | 306.8M | |
Property Plant Equipment | 5.7M | 8.4M | 33.2M | 19.4M | 22.3M | 15.2M |
Pair Trading with Seer
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 Seer 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 Seer will appreciate offsetting losses from the drop in the long position's value.Moving against Seer Stock
0.91 | VALN | Valneva SE ADR | PairCorr |
0.81 | DRRX | Durect | PairCorr |
0.79 | ME | 23Andme Holding Upward Rally | PairCorr |
0.73 | DRMA | Dermata Therapeutics | PairCorr |
0.57 | DNTH | Dianthus Therapeutics | PairCorr |
The ability to find closely correlated positions to Seer could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Seer 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 Seer - 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 Seer Inc to buy it.
The correlation of Seer 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 Seer moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Seer Inc 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 Seer 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 Seer Stock Analysis
When running Seer's price analysis, check to measure Seer'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 Seer is operating at the current time. Most of Seer's value examination focuses on studying past and present price action to predict the probability of Seer's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Seer's price. Additionally, you may evaluate how the addition of Seer to your portfolios can decrease your overall portfolio volatility.