Auburn Intangible Assets from 2010 to 2024
AUBN Stock | USD 23.86 0.06 0.25% |
Intangible Assets | First Reported 2009-12-31 | Previous Quarter 2.3 M | Current Value 2.2 M | Quarterly Volatility 490.9 K |
Check Auburn National financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Auburn National's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.1 M, Interest Expense of 8.4 M or Selling General Administrative of 1.2 M, as well as many indicators such as Price To Sales Ratio of 3.61, Dividend Yield of 0.0533 or PTB Ratio of 1.64. Auburn financial statements analysis is a perfect complement when working with Auburn National Valuation or Volatility modules.
Auburn | Intangible Assets |
Latest Auburn National's Intangible Assets Growth Pattern
Below is the plot of the Intangible Assets of Auburn National Bancorporation over the last few years. It is non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value. Auburn National's Intangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Auburn National's overall financial position and show how it may be relating to other accounts over time.
Intangible Assets | 10 Years Trend |
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Intangible Assets |
Timeline |
Auburn Intangible Assets Regression Statistics
Arithmetic Mean | 1,807,901 | |
Geometric Mean | 1,735,947 | |
Coefficient Of Variation | 27.49 | |
Mean Deviation | 423,641 | |
Median | 1,908,000 | |
Standard Deviation | 497,050 | |
Sample Variance | 247.1B | |
Range | 1.6M | |
R-Value | 0.39 | |
Mean Square Error | 226.4B | |
R-Squared | 0.15 | |
Significance | 0.16 | |
Slope | 42,920 | |
Total Sum of Squares | 3.5T |
Auburn Intangible Assets History
About Auburn National Financial Statements
Auburn National investors utilize fundamental indicators, such as Intangible Assets, to predict how Auburn 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 Reported | Projected for Next Year | ||
Intangible Assets | 2.4 M | 2 M |
Pair Trading with Auburn National
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 Auburn National 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 Auburn National will appreciate offsetting losses from the drop in the long position's value.Moving against Auburn Stock
0.62 | NU | Nu Holdings Sell-off Trend | PairCorr |
0.59 | TFC-PO | Truist Financial | PairCorr |
0.58 | TFC-PR | Truist Financial | PairCorr |
0.58 | CFG-PH | Citizens Financial Group, | PairCorr |
0.55 | KB | KB Financial Group | PairCorr |
The ability to find closely correlated positions to Auburn National could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Auburn National 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 Auburn National - 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 Auburn National Bancorporation to buy it.
The correlation of Auburn National 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 Auburn National moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Auburn National Banc 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 Auburn National 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 the analysis of Auburn National Correlation against competitors. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Regional Banks 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 Auburn National. If investors know Auburn 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 Auburn National listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.165 | Dividend Share 1.08 | Earnings Share 0.25 | Revenue Per Share 6.585 | Quarterly Revenue Growth 0.104 |
The market value of Auburn National Banc is measured differently than its book value, which is the value of Auburn that is recorded on the company's balance sheet. Investors also form their own opinion of Auburn National's value that differs from its market value or its book value, called intrinsic value, which is Auburn National'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 Auburn National's market value can be influenced by many factors that don't directly affect Auburn National'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 Auburn National's value and its price as these two are different measures arrived at by different means. Investors typically determine if Auburn National is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Auburn National'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.