Ziprecruiter Intangible Assets vs Current Deferred Revenue Analysis

ZIP Stock  USD 8.29  0.04  0.48%   
Ziprecruiter financial indicator trend analysis is more than just analyzing Ziprecruiter current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ziprecruiter is a good investment. Please check the relationship between Ziprecruiter Intangible Assets and its Current Deferred Revenue accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Ziprecruiter. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
To learn how to invest in Ziprecruiter Stock, please use our How to Invest in Ziprecruiter guide.

Intangible Assets vs Current Deferred Revenue

Intangible Assets vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ziprecruiter Intangible Assets account and Current Deferred Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Ziprecruiter's Intangible Assets and Current Deferred Revenue is -0.44. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Ziprecruiter, assuming nothing else is changed. The correlation between historical values of Ziprecruiter's Intangible 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 Intangible Assets of Ziprecruiter 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 Intangible Assets i.e., Ziprecruiter's Intangible Assets and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

-0.44
Relationship DirectionNegative 
Relationship StrengthVery Weak

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

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 Ziprecruiter's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ziprecruiter 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 Ziprecruiter. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
To learn how to invest in Ziprecruiter Stock, please use our How to Invest in Ziprecruiter guide.As of 12/11/2024, Tax Provision is likely to grow to about 23.2 M, while Selling General Administrative is likely to drop slightly above 94.9 M.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization14.9M10.7M11.6M13.6M
Interest Income916K28.5M19.9M11.2M

Ziprecruiter fundamental ratios Correlations

0.90.80.720.70.640.72-0.91-0.260.690.950.740.940.930.990.940.91.00.73-0.520.580.880.820.22-0.920.53
0.90.610.50.410.520.44-0.96-0.530.910.880.50.760.780.860.751.00.910.56-0.750.571.00.9-0.12-0.960.19
0.80.610.980.850.430.84-0.540.280.340.740.940.80.760.850.780.610.780.99-0.310.870.580.40.58-0.570.71
0.720.50.980.90.410.89-0.440.370.190.680.960.780.730.780.750.50.690.97-0.270.850.470.250.71-0.470.73
0.70.410.850.90.61.0-0.460.230.010.720.940.870.850.730.860.410.670.79-0.280.630.40.170.83-0.480.75
0.640.520.430.410.60.62-0.56-0.430.260.820.650.730.780.530.790.520.630.3-0.40.390.520.430.18-0.530.66
0.720.440.840.891.00.62-0.50.170.050.750.930.890.870.750.880.440.690.78-0.330.630.440.210.81-0.520.72
-0.91-0.96-0.54-0.44-0.46-0.56-0.50.59-0.83-0.89-0.47-0.83-0.84-0.87-0.81-0.97-0.91-0.470.75-0.41-0.97-0.890.041.0-0.16
-0.26-0.530.280.370.23-0.430.170.59-0.6-0.40.23-0.2-0.28-0.13-0.21-0.54-0.280.380.660.17-0.57-0.570.60.550.36
0.690.910.340.190.010.260.05-0.83-0.60.640.160.450.460.650.430.910.720.32-0.630.370.90.92-0.48-0.82-0.07
0.950.880.740.680.720.820.75-0.89-0.40.640.780.940.960.90.950.880.940.65-0.650.640.880.740.21-0.890.55
0.740.50.940.960.940.650.93-0.470.230.160.780.840.820.770.840.50.720.89-0.290.820.480.270.68-0.490.84
0.940.760.80.780.870.730.89-0.83-0.20.450.940.840.990.920.990.770.920.72-0.540.570.770.610.48-0.840.6
0.930.780.760.730.850.780.87-0.84-0.280.460.960.820.990.90.990.780.910.66-0.590.560.780.620.43-0.850.57
0.990.860.850.780.730.530.75-0.87-0.130.650.90.770.920.90.910.860.980.81-0.470.620.850.770.31-0.880.53
0.940.750.780.750.860.790.88-0.81-0.210.430.950.840.990.990.910.750.920.69-0.480.550.740.620.45-0.810.66
0.91.00.610.50.410.520.44-0.97-0.540.910.880.50.770.780.860.750.910.56-0.750.571.00.9-0.12-0.960.19
1.00.910.780.690.670.630.69-0.91-0.280.720.940.720.920.910.980.920.910.72-0.510.560.890.850.18-0.920.51
0.730.560.990.970.790.30.78-0.470.380.320.650.890.720.660.810.690.560.72-0.240.860.520.350.57-0.50.67
-0.52-0.75-0.31-0.27-0.28-0.4-0.330.750.66-0.63-0.65-0.29-0.54-0.59-0.47-0.48-0.75-0.51-0.24-0.48-0.79-0.480.070.730.18
0.580.570.870.850.630.390.63-0.410.170.370.640.820.570.560.620.550.570.560.86-0.480.550.250.37-0.420.53
0.881.00.580.470.40.520.44-0.97-0.570.90.880.480.770.780.850.741.00.890.52-0.790.550.89-0.12-0.970.15
0.820.90.40.250.170.430.21-0.89-0.570.920.740.270.610.620.770.620.90.850.35-0.480.250.89-0.34-0.890.14
0.22-0.120.580.710.830.180.810.040.6-0.480.210.680.480.430.310.45-0.120.180.570.070.37-0.12-0.340.010.56
-0.92-0.96-0.57-0.47-0.48-0.53-0.521.00.55-0.82-0.89-0.49-0.84-0.85-0.88-0.81-0.96-0.92-0.50.73-0.42-0.97-0.890.01-0.17
0.530.190.710.730.750.660.72-0.160.36-0.070.550.840.60.570.530.660.190.510.670.180.530.150.140.56-0.17
Click cells to compare fundamentals

Ziprecruiter Account Relationship Matchups

Pair Trading with Ziprecruiter

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

Moving together with Ziprecruiter Stock

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Moving against Ziprecruiter Stock

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The ability to find closely correlated positions to Ziprecruiter could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ziprecruiter 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 Ziprecruiter - 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 Ziprecruiter to buy it.
The correlation of Ziprecruiter 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 Ziprecruiter moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ziprecruiter 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 Ziprecruiter 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

Additional Tools for Ziprecruiter Stock Analysis

When running Ziprecruiter's price analysis, check to measure Ziprecruiter'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 Ziprecruiter is operating at the current time. Most of Ziprecruiter's value examination focuses on studying past and present price action to predict the probability of Ziprecruiter's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ziprecruiter's price. Additionally, you may evaluate how the addition of Ziprecruiter to your portfolios can decrease your overall portfolio volatility.