Upstart Cash vs Other Assets Analysis

UPST Stock  USD 26.87  0.44  1.66%   
Upstart Holdings financial indicator trend analysis is much more than just breaking down Upstart Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Upstart Holdings is a good investment. Please check the relationship between Upstart Holdings Cash and its Other Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Upstart Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more information on how to buy Upstart Stock please use our How to Invest in Upstart Holdings guide.

Cash vs Other Assets

Cash vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Upstart Holdings Cash account and Other Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Upstart Holdings' Cash and Other Assets is -0.05. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Other Assets in the same time period over historical financial statements of Upstart Holdings, assuming nothing else is changed. The correlation between historical values of Upstart Holdings' Cash and Other Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Upstart Holdings are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Cash i.e., Upstart Holdings' Cash and Other Assets go up and down completely randomly.

Correlation Coefficient

-0.05
Relationship DirectionNegative 
Relationship StrengthInsignificant

Cash

Cash refers to the most liquid asset of Upstart Holdings, which is listed under current asset account on Upstart Holdings balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Upstart Holdings customers. The amounts must be unrestricted with restricted cash listed in a different Upstart Holdings account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Other Assets

Most indicators from Upstart Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Upstart Holdings 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Upstart Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more information on how to buy Upstart Stock please use our How to Invest in Upstart Holdings guide.Sales General And Administrative To Revenue is likely to gain to 0.43 in 2024, whereas Tax Provision is likely to drop (441 K) in 2024.
 2021 2022 2023 2024 (projected)
Interest Income50.6M105.6M156.2M164.0M
Net Interest Income47.3M94.7M130.9M137.4M

Upstart Holdings fundamental ratios Correlations

0.70.73-0.94-0.980.880.840.860.880.43-0.130.820.790.53-0.42-0.220.740.790.710.920.750.560.870.370.830.87
0.70.97-0.56-0.570.920.960.890.940.68-0.230.660.830.65-0.320.080.970.840.60.830.980.760.930.90.980.96
0.730.97-0.65-0.620.880.940.860.940.8-0.290.780.710.64-0.180.130.980.730.760.840.990.840.910.870.960.96
-0.94-0.56-0.650.94-0.77-0.7-0.72-0.8-0.4-0.05-0.85-0.63-0.290.41-0.01-0.68-0.65-0.7-0.81-0.63-0.46-0.72-0.23-0.71-0.76
-0.98-0.57-0.620.94-0.8-0.73-0.81-0.79-0.360.13-0.81-0.71-0.490.380.29-0.63-0.72-0.67-0.87-0.63-0.5-0.78-0.21-0.73-0.78
0.880.920.88-0.77-0.80.980.970.970.52-0.110.790.930.59-0.47-0.030.920.940.570.960.910.650.980.650.970.97
0.840.960.94-0.7-0.730.980.940.970.6-0.210.760.880.64-0.37-0.040.940.890.640.950.970.710.990.760.990.99
0.860.890.86-0.72-0.810.970.940.940.6-0.310.790.880.75-0.32-0.20.880.890.60.940.890.760.970.640.950.95
0.880.940.94-0.8-0.790.970.970.940.62-0.10.790.880.57-0.450.080.970.90.660.920.940.70.950.720.980.99
0.430.680.8-0.4-0.360.520.60.60.62-0.640.690.240.720.380.030.710.270.820.520.760.960.60.730.660.66
-0.13-0.23-0.29-0.050.13-0.11-0.21-0.31-0.1-0.64-0.290.08-0.84-0.740.66-0.110.09-0.54-0.23-0.32-0.72-0.28-0.32-0.22-0.23
0.820.660.78-0.85-0.810.790.760.790.790.69-0.290.520.51-0.04-0.020.750.540.80.870.750.740.810.390.780.79
0.790.830.71-0.63-0.710.930.880.880.880.240.080.520.47-0.7-0.050.81.00.290.830.760.410.860.560.860.86
0.530.650.64-0.29-0.490.590.640.750.570.72-0.840.510.470.27-0.590.540.470.620.620.690.870.690.590.650.66
-0.42-0.32-0.180.410.38-0.47-0.37-0.32-0.450.38-0.74-0.04-0.70.27-0.31-0.36-0.70.23-0.33-0.20.31-0.32-0.08-0.35-0.35
-0.220.080.13-0.010.29-0.03-0.04-0.20.080.030.66-0.02-0.05-0.59-0.310.24-0.03-0.15-0.170.03-0.18-0.140.190.01-0.03
0.740.970.98-0.68-0.630.920.940.880.970.71-0.110.750.80.54-0.360.240.820.640.840.960.740.90.830.970.96
0.790.840.73-0.65-0.720.940.890.890.90.270.090.541.00.47-0.7-0.030.820.310.840.780.430.870.570.870.87
0.710.60.76-0.7-0.670.570.640.60.660.82-0.540.80.290.620.23-0.150.640.310.660.730.810.660.530.670.71
0.920.830.84-0.81-0.870.960.950.940.920.52-0.230.870.830.62-0.33-0.170.840.840.660.870.670.980.530.930.93
0.750.980.99-0.63-0.630.910.970.890.940.76-0.320.750.760.69-0.20.030.960.780.730.870.820.950.870.980.97
0.560.760.84-0.46-0.50.650.710.760.70.96-0.720.740.410.870.31-0.180.740.430.810.670.820.740.730.760.76
0.870.930.91-0.72-0.780.980.990.970.950.6-0.280.810.860.69-0.32-0.140.90.870.660.980.950.740.70.980.98
0.370.90.87-0.23-0.210.650.760.640.720.73-0.320.390.560.59-0.080.190.830.570.530.530.870.730.70.790.77
0.830.980.96-0.71-0.730.970.990.950.980.66-0.220.780.860.65-0.350.010.970.870.670.930.980.760.980.790.99
0.870.960.96-0.76-0.780.970.990.950.990.66-0.230.790.860.66-0.35-0.030.960.870.710.930.970.760.980.770.99
Click cells to compare fundamentals

Upstart Holdings Account Relationship Matchups

Pair Trading with Upstart Holdings

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 Upstart Holdings 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 Upstart Holdings will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Upstart Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Upstart Holdings 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 Upstart Holdings - 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 Upstart Holdings to buy it.
The correlation of Upstart Holdings 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 Upstart Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Upstart Holdings 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 Upstart Holdings 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

Additional Tools for Upstart Stock Analysis

When running Upstart Holdings' price analysis, check to measure Upstart Holdings' 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 Upstart Holdings is operating at the current time. Most of Upstart Holdings' value examination focuses on studying past and present price action to predict the probability of Upstart Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Upstart Holdings' price. Additionally, you may evaluate how the addition of Upstart Holdings to your portfolios can decrease your overall portfolio volatility.