Fubotv Good Will vs Net Receivables Analysis

FUBO Stock  USD 1.45  0.07  4.61%   
Fubotv financial indicator trend analysis is much more than just examining Fubotv Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fubotv Inc is a good investment. Please check the relationship between Fubotv Good Will and its Net Receivables accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fubotv 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 bureau of labor statistics.

Good Will vs Net Receivables

Good Will vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fubotv Inc Good Will account and Net Receivables. At this time, the significance of the direction appears to have strong relationship.
The correlation between Fubotv's Good Will and Net Receivables is 0.76. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Fubotv Inc, assuming nothing else is changed. The correlation between historical values of Fubotv's Good Will and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Fubotv Inc are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Good Will i.e., Fubotv's Good Will and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.76
Relationship DirectionPositive 
Relationship StrengthSignificant

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Net Receivables

Most indicators from Fubotv's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fubotv 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fubotv 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 bureau of labor statistics.
At this time, Fubotv's Selling General Administrative is very stable compared to the past year. As of the 5th of November 2024, Sales General And Administrative To Revenue is likely to grow to 49.33, though Discontinued Operations is likely to grow to (117 M).

Fubotv fundamental ratios Correlations

0.960.960.830.950.55-0.940.970.990.70.970.780.890.980.950.940.980.880.830.950.930.870.940.850.660.71
0.961.00.660.950.71-1.00.920.930.70.920.860.970.990.990.960.970.730.940.950.960.960.870.950.820.59
0.961.00.660.950.73-1.00.920.940.660.920.850.980.990.990.960.970.750.940.970.970.960.870.950.820.6
0.830.660.660.660.01-0.610.80.870.560.80.40.510.690.630.610.730.950.440.680.580.50.860.430.210.89
0.950.950.950.660.69-0.950.970.920.770.970.90.940.970.981.00.990.710.890.940.990.90.870.920.70.47
0.550.710.730.010.69-0.760.50.510.330.50.740.840.710.770.740.620.230.810.720.780.840.40.880.89-0.02
-0.94-1.0-1.0-0.61-0.95-0.76-0.9-0.92-0.65-0.9-0.87-0.98-0.99-0.99-0.96-0.96-0.7-0.95-0.96-0.97-0.96-0.86-0.97-0.84-0.55
0.970.920.920.80.970.5-0.90.940.781.00.820.850.940.930.950.990.790.810.90.930.80.920.830.550.59
0.990.930.940.870.920.51-0.920.940.660.940.730.860.960.930.90.950.920.80.940.890.850.940.810.640.76
0.70.70.660.560.770.33-0.650.780.660.780.740.660.70.680.770.760.460.670.560.710.630.650.620.460.32
0.970.920.920.80.970.5-0.91.00.940.780.820.850.940.930.950.990.790.810.90.930.80.920.830.550.59
0.780.860.850.40.90.74-0.870.820.730.740.820.890.860.880.910.870.440.950.810.910.850.760.890.730.25
0.890.970.980.510.940.84-0.980.850.860.660.850.890.970.980.960.920.620.970.940.970.990.780.980.90.44
0.980.990.990.690.970.71-0.990.940.960.70.940.860.970.990.970.980.770.920.970.980.950.890.940.780.59
0.950.990.990.630.980.77-0.990.930.930.680.930.880.980.990.980.980.720.930.970.990.960.860.970.80.51
0.940.960.960.611.00.74-0.960.950.90.770.950.910.960.970.980.980.680.910.940.990.920.840.940.750.43
0.980.970.970.730.990.62-0.960.990.950.760.990.870.920.980.980.980.760.880.940.970.880.910.910.680.57
0.880.730.750.950.710.23-0.70.790.920.460.790.440.620.770.720.680.760.520.780.670.630.870.550.380.87
0.830.940.940.440.890.81-0.950.810.80.670.810.950.970.920.930.910.880.520.880.920.950.770.950.890.4
0.950.950.970.680.940.72-0.960.90.940.560.90.810.940.970.970.940.940.780.880.950.930.860.910.770.6
0.930.960.970.580.990.78-0.970.930.890.710.930.910.970.980.990.990.970.670.920.950.930.830.970.770.42
0.870.960.960.50.90.84-0.960.80.850.630.80.850.990.950.960.920.880.630.950.930.930.760.960.930.47
0.940.870.870.860.870.4-0.860.920.940.650.920.760.780.890.860.840.910.870.770.860.830.760.740.520.76
0.850.950.950.430.920.88-0.970.830.810.620.830.890.980.940.970.940.910.550.950.910.970.960.740.880.34
0.660.820.820.210.70.89-0.840.550.640.460.550.730.90.780.80.750.680.380.890.770.770.930.520.880.29
0.710.590.60.890.47-0.02-0.550.590.760.320.590.250.440.590.510.430.570.870.40.60.420.470.760.340.29
Click cells to compare fundamentals

Fubotv Account Relationship Matchups

Fubotv fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets288.5M859.3M1.4B1.3B1.2B1.3B
Other Current Liab3.4M149.1M223.1M297.0M339.6M356.6M
Total Current Liabilities67.4M227.3M337.3M438.8M517.3M543.2M
Total Stockholder Equity143.5M622.9M670.9M403.3M283.8M215.3M
Property Plant And Equipment Net3.9M6.4M44.6M40.9M40.7M42.7M
Net Debt45.7M(101.4M)(10.4M)105.7M197.7M207.6M
Retained Earnings(135.8M)(626.5M)(1.0B)(1.6B)(1.8B)(1.8B)
Cash7.6M134.9M374.3M337.1M245.3M257.5M
Non Current Assets Total270.5M702.6M941.3M840.9M845.9M888.2M
Non Currrent Assets Other(30.9M)1.4M48.2M9.7M24.0M25.2M
Cash And Short Term Investments7.6M134.9M374.3M337.1M245.3M257.5M
Common Stock Total Equity8K1K3K16K18.4K19.3K
Common Stock Shares Outstanding22.3M44.5M137.5M182.5M276.3M290.1M
Liabilities And Stockholders Equity288.5M859.3M1.4B1.3B1.2B1.3B
Other Stockholder Equity279.6M853.8M1.7B2.0B2.1B2.2B
Total Liab145.0M236.4M698.9M874.4M948.8M996.3M
Total Current Assets18.0M156.7M428.5M436.9M386.8M406.1M
Accumulated Other Comprehensive Income(770K)(11.1M)172K(595K)4.2M4.4M
Intangible Assets116.6M216.4M218.2M171.8M158.4M124.5M
Common Stock3K9K16K21K30K31.5K
Accounts Payable36.4M31.2M56.5M67.0M74.3M78.0M
Short Long Term Debt Total53.3M33.5M363.9M442.8M443.0M465.2M
Good Will148.1M478.4M630.3M618.5M622.8M364.2M
Short Term Debt6.6M29.6M13.4M9.4M13.2M8.0M
Current Deferred Revenue21.1M17.4M44.3M65.4M90.2M94.7M
Net Tangible Assets(144.3M)(467.5M)(166.4M)(377.0M)(339.3M)(322.3M)
Other Assets24K6.0M48.2M9.7M11.1M10.1M
Property Plant Equipment3.9M6.4M44.6M40.9M47.0M49.3M
Non Current Liabilities Total77.6M9.1M361.6M435.7M431.5M453.0M
Short Long Term Debt5.8M28.8M8.8M7.7M7.9M9.0M
Net Invested Capital170.2M256.2M1.0B815.1M695.3M495.4M
Net Working Capital(49.5M)(70.6M)91.2M(1.9M)(130.6M)(124.1M)
Other Liab30.9M5.2M11.1M2.3M2.1M2.0M
Capital Stock3K406.7M16K21K30K28.5K

Pair Trading with Fubotv

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

Moving against Fubotv Stock

  0.37MKDW MKDWELL Tech OrdinaryPairCorr
The ability to find closely correlated positions to Fubotv could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fubotv 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 Fubotv - 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 Fubotv Inc to buy it.
The correlation of Fubotv 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 Fubotv moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fubotv 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 Fubotv 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 Fubotv Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Fubotv'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 Fubotv Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Fubotv Inc Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fubotv 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 bureau of labor statistics.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Systems Software 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 Fubotv. If investors know Fubotv 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 Fubotv listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.80)
Revenue Per Share
5.139
Quarterly Revenue Growth
0.203
Return On Assets
(0.12)
Return On Equity
(0.75)
The market value of Fubotv Inc is measured differently than its book value, which is the value of Fubotv that is recorded on the company's balance sheet. Investors also form their own opinion of Fubotv's value that differs from its market value or its book value, called intrinsic value, which is Fubotv'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 Fubotv's market value can be influenced by many factors that don't directly affect Fubotv'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 Fubotv's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fubotv is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fubotv'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.