Fubotv Other Current Liab vs Common Stock 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 Other Current Liab and its Common Stock 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.
Other Current Liab vs Common Stock
Other Current Liab vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fubotv Inc Other Current Liab account and Common Stock. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Fubotv's Other Current Liab and Common Stock is 0.94. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Common Stock 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 Other Current Liab and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Fubotv Inc are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Other Current Liab i.e., Fubotv's Other Current Liab and Common Stock go up and down completely randomly.
Correlation Coefficient | 0.94 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Other Current Liab
Common Stock
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
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Fubotv Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Fubotv fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 288.5M | 859.3M | 1.4B | 1.3B | 1.2B | 1.3B | |
Other Current Liab | 3.4M | 149.1M | 223.1M | 297.0M | 339.6M | 356.6M | |
Total Current Liabilities | 67.4M | 227.3M | 337.3M | 438.8M | 517.3M | 543.2M | |
Total Stockholder Equity | 143.5M | 622.9M | 670.9M | 403.3M | 283.8M | 215.3M | |
Property Plant And Equipment Net | 3.9M | 6.4M | 44.6M | 40.9M | 40.7M | 42.7M | |
Net Debt | 45.7M | (101.4M) | (10.4M) | 105.7M | 197.7M | 207.6M | |
Retained Earnings | (135.8M) | (626.5M) | (1.0B) | (1.6B) | (1.8B) | (1.8B) | |
Cash | 7.6M | 134.9M | 374.3M | 337.1M | 245.3M | 257.5M | |
Non Current Assets Total | 270.5M | 702.6M | 941.3M | 840.9M | 845.9M | 888.2M | |
Non Currrent Assets Other | (30.9M) | 1.4M | 48.2M | 9.7M | 24.0M | 25.2M | |
Cash And Short Term Investments | 7.6M | 134.9M | 374.3M | 337.1M | 245.3M | 257.5M | |
Common Stock Total Equity | 8K | 1K | 3K | 16K | 18.4K | 19.3K | |
Common Stock Shares Outstanding | 22.3M | 44.5M | 137.5M | 182.5M | 276.3M | 290.1M | |
Liabilities And Stockholders Equity | 288.5M | 859.3M | 1.4B | 1.3B | 1.2B | 1.3B | |
Other Stockholder Equity | 279.6M | 853.8M | 1.7B | 2.0B | 2.1B | 2.2B | |
Total Liab | 145.0M | 236.4M | 698.9M | 874.4M | 948.8M | 996.3M | |
Total Current Assets | 18.0M | 156.7M | 428.5M | 436.9M | 386.8M | 406.1M | |
Accumulated Other Comprehensive Income | (770K) | (11.1M) | 172K | (595K) | 4.2M | 4.4M | |
Intangible Assets | 116.6M | 216.4M | 218.2M | 171.8M | 158.4M | 124.5M | |
Common Stock | 3K | 9K | 16K | 21K | 30K | 31.5K | |
Accounts Payable | 36.4M | 31.2M | 56.5M | 67.0M | 74.3M | 78.0M | |
Short Long Term Debt Total | 53.3M | 33.5M | 363.9M | 442.8M | 443.0M | 465.2M | |
Good Will | 148.1M | 478.4M | 630.3M | 618.5M | 622.8M | 364.2M | |
Short Term Debt | 6.6M | 29.6M | 13.4M | 9.4M | 13.2M | 8.0M | |
Current Deferred Revenue | 21.1M | 17.4M | 44.3M | 65.4M | 90.2M | 94.7M | |
Net Tangible Assets | (144.3M) | (467.5M) | (166.4M) | (377.0M) | (339.3M) | (322.3M) | |
Other Assets | 24K | 6.0M | 48.2M | 9.7M | 11.1M | 10.1M | |
Property Plant Equipment | 3.9M | 6.4M | 44.6M | 40.9M | 47.0M | 49.3M | |
Non Current Liabilities Total | 77.6M | 9.1M | 361.6M | 435.7M | 431.5M | 453.0M | |
Short Long Term Debt | 5.8M | 28.8M | 8.8M | 7.7M | 7.9M | 9.0M | |
Net Invested Capital | 170.2M | 256.2M | 1.0B | 815.1M | 695.3M | 495.4M | |
Net Working Capital | (49.5M) | (70.6M) | 91.2M | (1.9M) | (130.6M) | (124.1M) | |
Other Liab | 30.9M | 5.2M | 11.1M | 2.3M | 2.1M | 2.0M | |
Capital Stock | 3K | 406.7M | 16K | 21K | 30K | 28.5K |
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
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.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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
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.