Aegon Net Receivables vs Short Term Debt Analysis
AEG Stock | USD 6.62 0.12 1.85% |
Aegon NV financial indicator trend analysis is way more than just evaluating Aegon NV ADR prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aegon NV ADR is a good investment. Please check the relationship between Aegon NV Net Receivables and its Short Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aegon NV ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Net Receivables vs Short Term Debt
Net Receivables vs Short Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aegon NV ADR Net Receivables account and Short Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Aegon NV's Net Receivables and Short Term Debt is -0.26. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Aegon NV ADR, assuming nothing else is changed. The correlation between historical values of Aegon NV's Net Receivables and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Aegon NV ADR are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Net Receivables i.e., Aegon NV's Net Receivables and Short Term Debt go up and down completely randomly.
Correlation Coefficient | -0.26 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Receivables
Short Term Debt
Most indicators from Aegon NV's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aegon NV ADR 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 Aegon NV ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. At this time, Aegon NV's Selling General Administrative is most likely to increase significantly in the upcoming years. The Aegon NV's current Enterprise Value is estimated to increase to about 14 B, while Tax Provision is forecasted to increase to (198.6 M).
Aegon NV fundamental ratios Correlations
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Aegon NV Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Aegon NV fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 440.3B | 443.8B | 468.3B | 401.8B | 301.6B | 259.7B | |
Short Long Term Debt Total | 12.0B | 11.1B | 12.2B | 6.7B | 4.9B | 7.5B | |
Total Stockholder Equity | 24.4B | 24.6B | 26.2B | 14.0B | 9.4B | 15.5B | |
Net Debt | (234M) | 2.7B | 5.3B | 3.3B | 842M | 799.9M | |
Retained Earnings | 10.7B | 10.3B | 12.2B | 10.6B | 5.1B | 6.4B | |
Other Assets | 179.8B | 167.9B | 190.6B | 238.9B | (27.3B) | (25.9B) | |
Common Stock Shares Outstanding | 2.1B | 2.1B | 2.1B | 2.0B | 2.4B | 1.8B | |
Liabilities And Stockholders Equity | 440.3B | 443.8B | 468.3B | 401.8B | 301.5B | 259.7B | |
Non Current Liabilities Total | 13.2B | 12.4B | 13.8B | 2.2B | 5.0B | 4.7B | |
Other Stockholder Equity | 9.5B | 9.5B | 9.1B | 8.1B | 8.5B | 4.5B | |
Total Liab | 415.9B | 419.2B | 441.9B | 387.6B | 292.0B | 244.2B | |
Total Current Liabilities | 3.3B | 2.8B | 3.1B | 2.2B | 2.1B | 2.7B | |
Property Plant And Equipment Net | 235M | 255M | 211M | 158M | 150M | 281.3M | |
Non Current Assets Total | 150.5B | 160.1B | 163.8B | 89.7B | 270.9B | 284.4B | |
Non Currrent Assets Other | (193M) | (101M) | (131M) | (1.8B) | (2.4B) | (2.5B) | |
Net Receivables | 6.7B | 6.8B | 5.6B | 8.9B | 3.6B | 5.0B | |
Total Current Assets | 110.1B | 115.8B | 113.9B | 73.2B | 58.0B | 51.6B | |
Short Term Debt | 58M | 72M | 1.7B | 1.3B | 94M | 89.3M | |
Common Stock Total Equity | 322M | 321M | 323M | 320M | 368M | 195.0M | |
Accumulated Other Comprehensive Income | 3.9B | 4.4B | 4.6B | (5.0B) | (4.4B) | (4.2B) | |
Common Stock | 321M | 323M | 320M | 319M | 265M | 251.8M | |
Other Current Liab | (11M) | (10M) | (1.7B) | (1.3B) | (100M) | (105M) | |
Other Liab | 377.7B | 379.0B | 404.8B | 275.8B | 317.2B | 384.6B | |
Accounts Payable | 3.3B | 2.8B | 3.1B | 2.2B | 2.1B | 2.0B | |
Cash | 12.3B | 8.4B | 6.9B | 3.4B | 4.1B | 7.3B | |
Long Term Debt | 4.1B | 10.7B | 11.2B | 5.3B | 4.7B | 4.5B | |
Short Term Investments | 91.2B | 100.6B | 101.4B | 60.9B | 50.4B | 90.0B | |
Other Current Assets | 25.7B | 21.2B | 18.8B | 155M | 17.7B | 16.8B | |
Property Plant Equipment | 536M | 474M | 469M | 482M | 554.3M | 635.2M | |
Cash And Short Term Investments | 103.5B | 109.0B | 108.3B | 64.3B | 54.4B | 74.8B | |
Good Will | 385M | 392M | 376M | 316M | 291M | 374.1M | |
Treasury Stock | (325M) | 0.0 | (281M) | (273M) | (314.0M) | (329.6M) | |
Intangible Assets | 1.2B | 1.0B | 941M | 924M | 213M | 202.4M | |
Net Tangible Assets | 23.9B | 24.1B | 26.1B | 13.0B | 11.7B | 19.9B | |
Deferred Long Term Liab | 831M | 545M | 1.2B | 1.1B | 1.3B | 1.9B | |
Long Term Investments | 148.7B | 158.5B | 162.2B | 88.3B | 270.2B | 176.4B |
Pair Trading with Aegon NV
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 Aegon NV 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 Aegon NV will appreciate offsetting losses from the drop in the long position's value.Moving together with Aegon Stock
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Moving against Aegon Stock
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The ability to find closely correlated positions to Aegon NV could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aegon NV 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 Aegon NV - 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 Aegon NV ADR to buy it.
The correlation of Aegon NV 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 Aegon NV moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aegon NV ADR 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 Aegon NV 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Aegon NV ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the Aegon NV ADR information on this page should be used as a complementary analysis to other Aegon NV'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 the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
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Is Aegon NV'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 Aegon NV. If investors know Aegon 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 Aegon NV 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 (0.60) | Dividend Share 0.3 | Earnings Share (0.10) | Revenue Per Share 6.86 | Quarterly Revenue Growth (0.09) |
The market value of Aegon NV ADR is measured differently than its book value, which is the value of Aegon that is recorded on the company's balance sheet. Investors also form their own opinion of Aegon NV's value that differs from its market value or its book value, called intrinsic value, which is Aegon NV'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 Aegon NV's market value can be influenced by many factors that don't directly affect Aegon NV'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 Aegon NV's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aegon NV is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aegon NV'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.