Aclarion Other Current Assets from 2010 to 2024

ACON Stock  USD 0.18  0.01  5.88%   
Aclarion Other Current Assets yearly trend continues to be very stable with very little volatility. Other Current Assets are likely to drop to about 185.6 K. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
2010-12-31
Previous Quarter
254.9 K
Current Value
185.6 K
Quarterly Volatility
74.1 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Aclarion financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Aclarion's main balance sheet or income statement drivers, such as Tax Provision of 0.0, Depreciation And Amortization of 139.1 K or Interest Expense of 605.7 K, as well as many indicators such as Price To Sales Ratio of 22.45, Dividend Yield of 0.096 or Days Sales Outstanding of 128. Aclarion financial statements analysis is a perfect complement when working with Aclarion Valuation or Volatility modules.
  
Check out the analysis of Aclarion Correlation against competitors.
To learn how to invest in Aclarion Stock, please use our How to Invest in Aclarion guide.

Latest Aclarion's Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of Aclarion over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. Aclarion's Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Aclarion's overall financial position and show how it may be relating to other accounts over time.
Other Current Assets10 Years Trend
Slightly volatile
   Other Current Assets   
       Timeline  

Aclarion Other Current Assets Regression Statistics

Arithmetic Mean114,004
Geometric Mean98,632
Coefficient Of Variation65.03
Mean Deviation58,387
Median75,650
Standard Deviation74,132
Sample Variance5.5B
Range233.8K
R-Value0.67
Mean Square Error3.3B
R-Squared0.44
Significance0.01
Slope11,036
Total Sum of Squares76.9B

Aclarion Other Current Assets History

2024185.6 K
2023254.9 K
2022160.1 K
2021293.4 K
202059.6 K

About Aclarion Financial Statements

Aclarion investors utilize fundamental indicators, such as Other Current Assets, to predict how Aclarion Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Other Current Assets254.9 K185.6 K

Pair Trading with Aclarion

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

Moving against Aclarion Stock

  0.39DOCS DoximityPairCorr
The ability to find closely correlated positions to Aclarion could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aclarion 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 Aclarion - 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 Aclarion to buy it.
The correlation of Aclarion 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 Aclarion moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aclarion 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 Aclarion 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 Aclarion is a strong investment it is important to analyze Aclarion's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Aclarion's future performance. For an informed investment choice regarding Aclarion Stock, refer to the following important reports:
Check out the analysis of Aclarion Correlation against competitors.
To learn how to invest in Aclarion Stock, please use our How to Invest in Aclarion guide.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Health Care Equipment & Supplies 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 Aclarion. If investors know Aclarion 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 Aclarion listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.40)
Revenue Per Share
0.015
Quarterly Revenue Growth
(0.36)
Return On Assets
(1.15)
Return On Equity
(7.14)
The market value of Aclarion is measured differently than its book value, which is the value of Aclarion that is recorded on the company's balance sheet. Investors also form their own opinion of Aclarion's value that differs from its market value or its book value, called intrinsic value, which is Aclarion'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 Aclarion's market value can be influenced by many factors that don't directly affect Aclarion'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 Aclarion's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aclarion is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aclarion'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.