EBay Investments vs Tax Liabilities Analysis

EBAY -  USA Stock  

USD 46.92  1.83  4.06%

EBay financial indicator trend analysis is much more than just examining EBay Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether EBay Inc is a good investment. Please check the relationship between EBay Investments and its Tax Liabilities accounts. Continue to Investing Opportunities.

Investments vs Tax Liabilities

Accounts Relationship

Investments vs Tax Liabilities

Significance: Very Week Relationship

Investments diversification synergy
Overlapping area represents amount of trend that can be explained by analyzing historical patterns of EBay Inc Investments account and Tax Liabilities

Correlation Coefficient

0.21
Relationship DirectionPositive 
Relationship StrengthVery Weak

Investments

A component of Total Assets representing the total amount of marketable and non-marketable securties; loans receivable and other invested assets.

Tax Liabilities

A component of Total Liabilities representing outstanding tax liabilities.
Most indicators from EBay fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into EBay 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. Continue to Investing Opportunities.EBay Net Cash Flow Business Acquisitions and Disposals is fairly stable at the moment as compared to the past year. EBay reported Net Cash Flow Business Acquisitions and Disposals of 2.55 Billion in 2021. Issuance Repayment of Debt Securities is likely to rise to about 1.4 B in 2022, whereas Net Loss Income from Discontinued Operations is likely to drop (13.7 B) in 2022.
 2019 2020 2021 2022 (projected)
Operating Income1.77 B2.64 B2.92 B2.54 B
Operating Expenses4.07 B4.46 B4.85 B4.66 B

EBay fundamental ratios Correlations

0.320.940.980.490.79-0.52-0.52-0.490.250.870.590.10.310.040.420.96-0.620.640.560.670.33-0.81
0.320.310.330.14-0.120.40.00.48-0.06-0.03-0.430.230.180.330.660.350.32-0.24-0.26-0.230.06-0.05
0.940.310.970.730.72-0.34-0.42-0.340.220.880.490.380.480.340.570.95-0.460.580.430.590.27-0.65
0.980.330.970.530.78-0.46-0.47-0.440.170.90.540.260.430.180.470.97-0.580.630.490.640.27-0.78
0.490.140.730.530.310.12-0.130.050.290.510.170.570.430.680.640.580.040.240.130.240.17-0.06
0.79-0.120.720.780.31-0.77-0.49-0.770.270.90.86-0.050.18-0.15-0.040.68-0.810.80.640.820.46-0.74
-0.520.4-0.34-0.460.12-0.770.550.98-0.05-0.7-0.910.330.030.470.51-0.370.96-0.73-0.66-0.75-0.270.71
-0.520.0-0.42-0.47-0.13-0.490.550.45-0.11-0.47-0.60.22-0.010.31-0.03-0.440.45-0.65-0.69-0.65-0.030.44
-0.490.48-0.34-0.440.05-0.770.980.45-0.06-0.71-0.910.320.040.440.52-0.360.97-0.7-0.61-0.71-0.270.69
0.25-0.060.220.170.290.27-0.05-0.11-0.060.160.33-0.130.04-0.150.140.17-0.020.370.490.420.6-0.07
0.87-0.030.880.90.510.9-0.7-0.47-0.710.160.80.240.450.120.110.81-0.790.780.590.790.35-0.78
0.59-0.430.490.540.170.86-0.91-0.6-0.910.330.8-0.150.16-0.31-0.360.43-0.870.90.810.910.37-0.63
0.10.230.380.260.57-0.050.330.220.32-0.130.24-0.150.820.920.460.180.260.1-0.120.04-0.250.21
0.310.180.480.430.430.180.03-0.010.040.040.450.160.820.630.250.28-0.060.450.270.42-0.07-0.15
0.040.330.340.180.68-0.150.470.310.44-0.150.12-0.310.920.630.570.160.41-0.13-0.34-0.18-0.180.37
0.420.660.570.470.64-0.040.51-0.030.520.140.11-0.360.460.250.570.580.41-0.13-0.13-0.14-0.10.02
0.960.350.950.970.580.68-0.37-0.44-0.360.170.810.430.180.280.160.58-0.50.490.410.510.21-0.73
-0.620.32-0.46-0.580.04-0.810.960.450.97-0.02-0.79-0.870.26-0.060.410.41-0.5-0.7-0.59-0.72-0.310.84
0.64-0.240.580.630.240.8-0.73-0.65-0.70.370.780.90.10.45-0.13-0.130.49-0.70.920.990.2-0.57
0.56-0.260.430.490.130.64-0.66-0.69-0.610.490.590.81-0.120.27-0.34-0.130.41-0.590.920.930.18-0.52
0.67-0.230.590.640.240.82-0.75-0.65-0.710.420.790.910.040.42-0.18-0.140.51-0.720.990.930.28-0.61
0.330.060.270.270.170.46-0.27-0.03-0.270.60.350.37-0.25-0.07-0.18-0.10.21-0.310.20.180.28-0.36
-0.81-0.05-0.65-0.78-0.06-0.740.710.440.69-0.07-0.78-0.630.21-0.150.370.02-0.730.84-0.57-0.52-0.61-0.36
Click cells to compare fundamentals

EBay Account Relationship Matchups

EBay fundamental ratios Accounts

201720182019202020212022 (projected)
Receivables695 M712 M700 M412 M473.8 M486.27 M
Accounts Payable330 M286 M270 M332 M298.8 M284.69 M
Accumulated Other Comprehensive Income717 M498 M384 M616 M398 M467.73 M
Total Assets25.99 B22.82 B18.17 B19.31 B26.63 B25.71 B
Current Assets7.74 B7.13 B4.71 B7.19 B9.11 B10.02 B
Assets Non Current18.24 B15.69 B13.47 B12.12 B17.52 B15.69 B
Cash and Equivalents2.12 B2.2 B901 M1.1 B1.38 B1.93 B
Cash and Equivalents USD2.12 B2.2 B901 M1.1 B1.38 B1.93 B
Total Debt10.02 B9.23 B8.22 B8.06 B9.28 B9.04 B
Debt Non Current9.23 B7.68 B7.2 B8.06 B7.93 B7.9 B
Total Debt USD10.02 B9.23 B8.22 B8.06 B9.28 B9.04 B
Shareholders Equity8.05 B6.28 B2.87 B3.56 B9.78 B10.12 B
Shareholders Equity USD8.05 B6.28 B2.87 B3.56 B9.78 B10.12 B
Goodwill and Intangible Assets4.84 B5.25 B4.57 B4.3 B4.18 B4.75 B
Investments10.07 B6.49 B3.41 B4.28 B13.91 B15.01 B
Investments Current3.74 B2.71 B1.85 B2.39 B5.94 B4.84 B
Investments Non Current6.33 B3.78 B1.56 B1.88 B7.97 B6.57 B
Total Liabilities17.94 B16.54 B15.3 B15.75 B16.85 B18.11 B
Current Liabilities3.56 B4.45 B4.07 B4 B4.62 B5.29 B
Liabilities Non Current14.38 B12.08 B11.24 B11.75 B12.23 B11.74 B
Trade and Non Trade Payables330 M286 M229 M657 M969 M1.48 B
Trade and Non Trade Receivables696 M712 M555 M652 M681 M698.92 M
Accumulated Retained Earnings Deficit13.93 B16.46 B17.75 B22.96 B36.09 B29.36 B
Tax Assets5.2 B4.79 B3.98 B3.54 B3.25 B3.49 B
Tax Liabilities3.6 B3.04 B2.52 B2.54 B3.49 B3.04 B

EBay Investors Sentiment

The influence of EBay'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 EBay. 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.

EBay Implied Volatility

    
  43.93  
EBay's implied volatility exposes the market's sentiment of EBay Inc stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if EBay's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that EBay stock will not fluctuate a lot when EBay's options are near their expiration.
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 EBay 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, EBay's short interest history, or implied volatility extrapolated from EBay options trading.

Current Sentiment - EBAY

EBay Inc Investor Sentiment

Majority of Macroaxis users are currently bullish on EBay Inc. What is your opinion about investing in EBay Inc? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
Skip

Pair Trading with EBay

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

EBay Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to EBay could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EBay 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 EBay - 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 EBay Inc to buy it.
The correlation of EBay 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 EBay moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EBay 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 EBay 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
Continue to Investing Opportunities. Note that the EBay Inc information on this page should be used as a complementary analysis to other EBay'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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

Complementary Tools for EBay Stock analysis

When running EBay Inc price analysis, check to measure EBay'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 EBay is operating at the current time. Most of EBay's value examination focuses on studying past and present price action to predict the probability of EBay's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move EBay's price. Additionally, you may evaluate how the addition of EBay to your portfolios can decrease your overall portfolio volatility.
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Go
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Go
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Go
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Go
CEO Directory
Screen CEOs from public companies around the world
Go
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Go
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Go
Is EBay's industry 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 EBay. If investors know EBay 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 EBay listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of EBay Inc is measured differently than its book value, which is the value of EBay that is recorded on the company's balance sheet. Investors also form their own opinion of EBay's value that differs from its market value or its book value, called intrinsic value, which is EBay'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 EBay's market value can be influenced by many factors that don't directly affect EBay'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 EBay's value and its price as these two are different measures arrived at by different means. Investors typically determine EBay value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EBay'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.