Auburn Treasury Stock vs Total Current Assets Analysis

AUBN Stock  USD 23.86  0.06  0.25%   
Auburn National financial indicator trend analysis is way more than just evaluating Auburn National Banc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Auburn National Banc is a good investment. Please check the relationship between Auburn National Treasury Stock and its Total Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Auburn National Bancorporation. 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.

Treasury Stock vs Total Current Assets

Treasury Stock vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Auburn National Banc Treasury Stock account and Total Current Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Auburn National's Treasury Stock and Total Current Assets is -0.19. Overlapping area represents the amount of variation of Treasury Stock that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Auburn National Bancorporation, assuming nothing else is changed. The correlation between historical values of Auburn National's Treasury Stock and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Treasury Stock of Auburn National Bancorporation are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Treasury Stock i.e., Auburn National's Treasury Stock and Total Current Assets go up and down completely randomly.

Correlation Coefficient

-0.19
Relationship DirectionNegative 
Relationship StrengthInsignificant

Treasury Stock

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Auburn National's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Auburn National Banc 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Auburn National Bancorporation. 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 26th of December 2024, Selling General Administrative is likely to drop to about 1.2 M. In addition to that, Tax Provision is likely to grow to about (738.1 K)
 2021 2022 2023 2024 (projected)
Interest Expense2.5M2.4M8.0M8.4M
Depreciation And Amortization1.2M1.5M1.7M1.1M

Auburn National fundamental ratios Correlations

-0.20.960.570.860.6-0.320.940.350.410.11-0.130.8-0.460.4-0.781.00.580.360.25-0.550.93-0.51-0.080.77-0.91
-0.2-0.24-0.15-0.3-0.380.84-0.4-0.48-0.48-0.430.22-0.60.20.220.33-0.19-0.370.10.460.07-0.340.910.2-0.070.26
0.96-0.240.480.770.72-0.290.880.250.570.3-0.170.77-0.570.33-0.780.970.710.330.26-0.610.93-0.52-0.240.83-0.93
0.57-0.150.480.50.62-0.330.630.410.35-0.14-0.740.32-0.320.57-0.590.570.61-0.28-0.37-0.160.61-0.25-0.190.45-0.6
0.86-0.30.770.50.31-0.560.880.650.19-0.06-0.080.81-0.320.45-0.690.830.290.390.16-0.410.74-0.580.10.59-0.75
0.6-0.380.720.620.31-0.260.570.070.860.53-0.640.42-0.720.28-0.710.631.0-0.19-0.24-0.430.72-0.45-0.650.73-0.79
-0.320.84-0.29-0.33-0.56-0.26-0.49-0.88-0.32-0.20.18-0.660.160.110.35-0.3-0.25-0.030.34-0.06-0.40.840.07-0.120.3
0.94-0.40.880.630.880.57-0.490.450.420.12-0.250.82-0.380.43-0.830.930.550.23-0.03-0.520.93-0.65-0.050.6-0.87
0.35-0.480.250.410.650.07-0.880.450.06-0.1-0.110.55-0.030.04-0.270.320.060.14-0.150.150.35-0.540.120.1-0.26
0.41-0.480.570.350.190.86-0.320.420.060.86-0.460.29-0.80.06-0.620.430.86-0.3-0.29-0.470.59-0.53-0.870.59-0.64
0.11-0.430.3-0.14-0.060.53-0.20.12-0.10.86-0.110.11-0.63-0.25-0.340.120.53-0.24-0.2-0.360.3-0.43-0.810.29-0.31
-0.130.22-0.17-0.74-0.08-0.640.18-0.25-0.11-0.46-0.110.010.33-0.560.45-0.15-0.640.620.710.21-0.280.110.43-0.250.35
0.8-0.60.770.320.810.42-0.660.820.550.290.110.01-0.190.07-0.550.790.40.450.17-0.360.77-0.750.160.49-0.67
-0.460.2-0.57-0.32-0.32-0.720.16-0.38-0.03-0.8-0.630.33-0.19-0.310.69-0.47-0.710.120.060.52-0.420.390.85-0.840.71
0.40.220.330.570.450.280.110.430.040.06-0.25-0.560.07-0.31-0.610.390.260.0-0.21-0.410.280.1-0.070.43-0.51
-0.780.33-0.78-0.59-0.69-0.710.35-0.83-0.27-0.62-0.340.45-0.550.69-0.61-0.77-0.69-0.040.230.63-0.760.530.42-0.720.93
1.0-0.190.970.570.830.63-0.30.930.320.430.12-0.150.79-0.470.39-0.770.610.350.27-0.550.93-0.49-0.090.78-0.91
0.58-0.370.710.610.291.0-0.250.550.060.860.53-0.640.4-0.710.26-0.690.61-0.2-0.24-0.420.7-0.43-0.660.72-0.77
0.360.10.33-0.280.39-0.19-0.030.230.14-0.3-0.240.620.450.120.0-0.040.35-0.20.710.070.16-0.070.470.21-0.19
0.250.460.26-0.370.16-0.240.34-0.03-0.15-0.29-0.20.710.170.06-0.210.230.27-0.240.71-0.080.040.230.310.28-0.02
-0.550.07-0.61-0.16-0.41-0.43-0.06-0.520.15-0.47-0.360.21-0.360.52-0.410.63-0.55-0.420.07-0.08-0.530.260.32-0.590.64
0.93-0.340.930.610.740.72-0.40.930.350.590.3-0.280.77-0.420.28-0.760.930.70.160.04-0.53-0.57-0.20.64-0.87
-0.510.91-0.52-0.25-0.58-0.450.84-0.65-0.54-0.53-0.430.11-0.750.390.10.53-0.49-0.43-0.070.230.26-0.570.23-0.340.51
-0.080.2-0.24-0.190.1-0.650.07-0.050.12-0.87-0.810.430.160.85-0.070.42-0.09-0.660.470.310.32-0.20.23-0.480.37
0.77-0.070.830.450.590.73-0.120.60.10.590.29-0.250.49-0.840.43-0.720.780.720.210.28-0.590.64-0.34-0.48-0.87
-0.910.26-0.93-0.6-0.75-0.790.3-0.87-0.26-0.64-0.310.35-0.670.71-0.510.93-0.91-0.77-0.19-0.020.64-0.870.510.37-0.87
Click cells to compare fundamentals

Auburn National Account Relationship Matchups

Auburn National fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets827.7M956.6M1.1B1.1B975.3M758.0M
Short Long Term Debt Total1.1M3.2M4.2M3.2M2.0M1.9M
Other Current Liab649.7M770.2M951.9M894.5M866.0M725.7M
Total Current Liabilities650.8M770.2M951.9M897.2M866.0M579.1M
Total Stockholder Equity94.2M107.7M105.9M82.9M76.5M66.5M
Property Plant And Equipment Net14.7M22.2M41.7M46.6M45.5M47.8M
Net Debt(65.4M)(80.8M)(74.7M)(14.8M)(40.0M)(38.0M)
Retained Earnings101.8M105.6M110.0M116.6M113.4M70.0M
Cash66.5M84.0M78.8M18.0M40.0M32.9M
Non Current Assets Total250.6M357.4M463.6M451.9M903.9M949.1M
Non Currrent Assets Other(3.0M)(3.4M)(3.6M)(18.0M)572.6M601.2M
Other Assets274.6M180.0M109.2M199.6M1.01.05
Cash And Short Term Investments302.4M419.2M500.7M423.3M310.9M168.5M
Common Stock Shares Outstanding3.6M3.6M3.5M3.5M3.5M3.0M
Liabilities And Stockholders Equity827.7M956.6M1.1B1.1B975.3M758.0M
Non Current Liabilities Total80.5M80.6M50.7M60.5M34.9M47.2M
Other Stockholder Equity(9.7M)(5.6M)(7.2M)(7.7M)(7.9M)(7.5M)
Total Liab731.2M850.8M1.0B991.8M898.7M692.8M
Property Plant And Equipment Gross14.7M22.2M48.3M51.9M52.3M54.9M
Total Current Assets302.4M419.2M500.7M423.3M71.4M67.8M
Accumulated Other Comprehensive Income2.1M7.6M891K(40.9M)(29.0M)(27.6M)
Short Term Debt1.1M2.5M3.6M2.7M1.6M2.1M
Accounts Payable724.2M839.8M994.2M950.3M1.1B677.7M
Short Term Investments235.9M335.2M421.9M405.3M270.9M468.3M
Treasury Stock(9.4M)(9.4M)(11.0M)(11.5M)(10.3M)(9.8M)
Property Plant Equipment14.7M22.2M41.7M46.6M53.6M56.2M
Intangible Assets1.3M1.5M1.9M2.4M2.4M2.0M
Net Tangible Assets98.3M107.7M104.9M68.0M78.2M91.0M
Retained Earnings Total Equity101.8M105.6M110.0M116.6M134.1M90.3M
Capital Surpluse3.8M3.8M3.8M3.8M4.4M4.2M
Long Term Investments458.7M459.5M876.7M904.0M270.9M496.9M
Non Current Liabilities Other5.4M9.1M7.2M5.5M6.3M7.0M

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

  0.62NU Nu Holdings Sell-off TrendPairCorr
  0.59TFC-PO Truist FinancialPairCorr
  0.58TFC-PR Truist FinancialPairCorr
  0.58CFG-PH Citizens Financial Group,PairCorr
  0.55KB KB Financial GroupPairCorr
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.
Pair CorrelationCorrelation Matching
When determining whether Auburn National Banc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Auburn National's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Auburn National Bancorporation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Auburn National Bancorporation Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Auburn National Bancorporation. 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 Share Portfolio module to track or share privately all of your investments from the convenience of any device.
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.