ACORN Invested Capital vs Invested Capital Average Analysis

ACORN INTERNATIONAL financial indicator trend analysis is way more than just evaluating ACORN INTERNATIONAL INC prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ACORN INTERNATIONAL INC is a good investment. Please check the relationship between ACORN INTERNATIONAL Invested Capital and its Invested Capital Average accounts. Check out Trending Equities.

Invested Capital vs Invested Capital Average

Invested Capital vs Invested Capital Average Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ACORN INTERNATIONAL INC Invested Capital account and Invested Capital Average. At this time, the significance of the direction appears to have strong relationship.
The correlation between ACORN INTERNATIONAL's Invested Capital and Invested Capital Average is 0.71. Overlapping area represents the amount of variation of Invested Capital that can explain the historical movement of Invested Capital Average in the same time period over historical financial statements of ACORN INTERNATIONAL INC, assuming nothing else is changed. The correlation between historical values of ACORN INTERNATIONAL's Invested Capital and Invested Capital Average is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Invested Capital of ACORN INTERNATIONAL INC are associated (or correlated) with its Invested Capital Average. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Invested Capital Average has no effect on the direction of Invested Capital i.e., ACORN INTERNATIONAL's Invested Capital and Invested Capital Average go up and down completely randomly.

Correlation Coefficient

0.71
Relationship DirectionPositive 
Relationship StrengthSignificant

Invested Capital

Invested capital represents the total cash investment that shareholders and debt holders have contributed to ACORN INTERNATIONAL INC. There are two different methods for calculating ACORN INTERNATIONAL INC invested capital: operating approach and financing approach. Understanding ACORN INTERNATIONAL invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed. Invested capital is an input into the calculation of [ROIC]; and is calculated as: Total Debt plus Total Assets minus Goodwill and Intangible Assets minus Cash and Equivalents minus Current Liabilities. Please note this calculation method is subject to change.

Invested Capital Average

Average invested capital value for the period used in the calculation of [ROIC]; and derived from [InvCap]. Invested capital is an input into the calculation of [ROIC]; and is calculated as: Total Debt plus Total Assets minus Goodwill and Intangible Assets minus Cash and Equivalents minus Current Liabilities. Please note this calculation method is subject to change.
Most indicators from ACORN INTERNATIONAL fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ACORN INTERNATIONAL 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 Trending Equities.ACORN INTERNATIONAL Net Loss Income from Discontinued Operations is fairly stable at the moment as compared to the past year. ACORN INTERNATIONAL reported Net Loss Income from Discontinued Operations of 954,978 in 2021. Selling General and Administrative Expense is likely to climb to about 25.4 M in 2022, whereas Issuance Purchase of Equity Shares is likely to drop (1.9 M) in 2022.
 2021 2022 (projected)
Interest Expense85.587.75
Gross Profit24.31 M37.42 M

ACORN INTERNATIONAL fundamental ratios Correlations

0.70.470.730.140.170.720.840.99-0.490.770.16-0.370.210.860.710.440.710.790.66-0.610.25
0.7-0.290.960.250.330.930.790.76-0.710.98-0.550.04-0.530.370.87-0.320.940.760.98-0.40.15
0.47-0.29-0.21-0.13-0.17-0.180.160.380.23-0.180.89-0.540.940.7-0.120.98-0.210.13-0.31-0.330.15
0.730.96-0.210.390.30.970.880.77-0.590.96-0.54-0.19-0.490.450.87-0.220.950.840.89-0.490.16
0.140.25-0.130.390.620.270.370.070.470.32-0.42-0.49-0.330.340.54-0.060.50.570.11-0.51-0.1
0.170.33-0.170.30.620.080.380.130.060.41-0.38-0.3-0.310.30.64-0.20.510.50.35-0.350.16
0.720.93-0.180.970.270.080.820.78-0.620.91-0.47-0.08-0.440.40.75-0.180.870.760.86-0.460.07
0.840.790.160.880.370.380.820.86-0.470.85-0.26-0.5-0.170.660.80.090.820.910.73-0.660.18
0.990.760.380.770.070.130.780.86-0.590.810.08-0.290.120.780.710.330.730.780.74-0.570.23
-0.49-0.710.23-0.590.470.06-0.62-0.47-0.59-0.660.27-0.320.3-0.07-0.430.31-0.5-0.29-0.79-0.05-0.29
0.770.98-0.180.960.320.410.910.850.81-0.66-0.48-0.09-0.450.50.93-0.20.970.840.95-0.480.19
0.16-0.550.89-0.54-0.42-0.38-0.47-0.260.080.27-0.48-0.20.990.38-0.450.88-0.53-0.29-0.520.010.11
-0.370.04-0.54-0.19-0.49-0.3-0.08-0.5-0.29-0.32-0.09-0.2-0.35-0.61-0.28-0.48-0.15-0.480.120.52-0.18
0.21-0.530.94-0.49-0.33-0.31-0.44-0.170.120.3-0.450.99-0.350.46-0.380.92-0.49-0.2-0.51-0.060.15
0.860.370.70.450.340.30.40.660.78-0.070.50.38-0.610.460.60.70.520.720.3-0.640.28
0.710.87-0.120.870.540.640.750.80.71-0.430.93-0.45-0.28-0.380.6-0.140.960.850.83-0.50.28
0.44-0.320.98-0.22-0.06-0.2-0.180.090.330.31-0.20.88-0.480.920.7-0.14-0.220.13-0.36-0.340.09
0.710.94-0.210.950.50.510.870.820.73-0.50.97-0.53-0.15-0.490.520.96-0.220.850.88-0.490.19
0.790.760.130.840.570.50.760.910.78-0.290.84-0.29-0.48-0.20.720.850.130.850.67-0.80.02
0.660.98-0.310.890.110.350.860.730.74-0.790.95-0.520.12-0.510.30.83-0.360.880.67-0.340.17
-0.61-0.4-0.33-0.49-0.51-0.35-0.46-0.66-0.57-0.05-0.480.010.52-0.06-0.64-0.5-0.34-0.49-0.8-0.340.45
0.250.150.150.16-0.10.160.070.180.23-0.290.190.11-0.180.150.280.280.090.190.020.170.45
Click cells to compare fundamentals

ACORN INTERNATIONAL Account Relationship Matchups

ACORN INTERNATIONAL fundamental ratios Accounts

201720182019202020212022 (projected)
Accumulated Other Comprehensive Income80.87 M60.97 M56.51 M45.64 M52.48 M60.04 M
Total Assets132.73 M100.91 M90.14 M80.16 M72.15 M105.91 M
Current Assets33.28 M31.67 M40.33 M46.45 M41.8 M59.99 M
Assets Non Current99.45 M69.23 M49.81 M33.72 M38.78 M39.8 M
Cash and Equivalents25.58 M21.1 M20.22 M13.54 M12.18 M12.5 M
Cash and Equivalents USD25.58 M21.1 M20.22 M13.54 M12.18 M12.5 M
Deferred Revenue380.53 K512.01 K174.83 K68.8 K61.92 K63.55 K
Shareholders Equity99.17 M86.99 M71.67 M66.12 M59.51 M85.52 M
Shareholders Equity USD99.17 M86.99 M71.67 M66.12 M59.51 M85.52 M
Inventory3.98 M1.52 M1.59 M3.04 M2.74 M2.81 M
Investments77.89 M51.7 M52.51 M44.24 M50.88 M55.25 M
Investments Non Current77.89 M48.11 M48.91 M25.68 M29.53 M40.63 M
Total Liabilities33.22 M13.56 M18.13 M13.72 M12.35 M12.68 M
Current Liabilities15.79 M11.61 M17.5 M12.69 M11.42 M16.24 M
Liabilities Non Current17.43 M1.95 M630.57 K1.03 M1.19 M1.22 M
Trade and Non Trade Payables2.61 M2.1 M2.06 M3.17 M2.86 M2.93 M
Property Plant and Equipment Net13.89 M4.04 M660.16 K2.35 M2.11 M2.17 M
Trade and Non Trade Receivables1.27 M1.44 M3.52 M3.61 M3.25 M4.71 M
Accumulated Retained Earnings Deficit(122.91 M)(110.53 M)(79.4 M)(69.56 M)(62.61 M)(67.55 M)
Tax Liabilities3.67 M2.31 M2.73 M1.65 M1.48 M1.76 M

ACORN INTERNATIONAL Investors Sentiment

The influence of ACORN INTERNATIONAL's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in ACORN. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards ACORN INTERNATIONAL in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, ACORN INTERNATIONAL's short interest history, or implied volatility extrapolated from ACORN INTERNATIONAL options trading.

Pair Trading with ACORN INTERNATIONAL

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 ACORN INTERNATIONAL 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 ACORN INTERNATIONAL will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Chesapeake Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chesapeake Energy 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 Chesapeake Energy - 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 Chesapeake Energy Corp to buy it.
The correlation of Chesapeake Energy is a statistical measure of how it moves in relation to other equities. 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 Chesapeake Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chesapeake Energy Corp 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 Chesapeake Energy 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
Check out Trending Equities. Note that the ACORN INTERNATIONAL INC information on this page should be used as a complementary analysis to other ACORN INTERNATIONAL's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Stock Screener module to find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

Other Tools for ACORN Stock

When running ACORN INTERNATIONAL INC price analysis, check to measure ACORN INTERNATIONAL's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ACORN INTERNATIONAL is operating at the current time. Most of ACORN INTERNATIONAL's value examination focuses on studying past and present price action to predict the probability of ACORN INTERNATIONAL's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move ACORN INTERNATIONAL's price. Additionally, you may evaluate how the addition of ACORN INTERNATIONAL to your portfolios can decrease your overall portfolio volatility.
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