000969 Stock | | | 13.15 0.96 7.88% |
Advanced Technology financial indicator trend analysis is way more than just evaluating Advanced Technology prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Advanced Technology is a good investment. Please check the relationship between Advanced Technology Change In Working Capital and its Dividends Paid accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Advanced Technology Materials. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
Change In Working Capital vs Dividends Paid
Change In Working Capital vs Dividends Paid Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Advanced Technology Change In Working Capital account and
Dividends Paid. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Advanced Technology's Change In Working Capital and Dividends Paid is -0.41. Overlapping area represents the amount of variation of Change In Working Capital that can explain the historical movement of Dividends Paid in the same time period over historical financial statements of Advanced Technology Materials, assuming nothing else is changed. The correlation between historical values of Advanced Technology's Change In Working Capital and Dividends Paid is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Working Capital of Advanced Technology Materials are associated (or correlated) with its Dividends Paid. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividends Paid has no effect on the direction of Change In Working Capital i.e., Advanced Technology's Change In Working Capital and Dividends Paid go up and down completely randomly.
Correlation Coefficient | -0.41 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Change In Working Capital
The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.
Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.
Most indicators from Advanced Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Advanced Technology 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 Advanced Technology Materials. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
As of November 23, 2024,
Selling General Administrative is expected to decline to about 221.5
M. In addition to that,
Tax Provision is expected to decline to about 19
MAdvanced Technology fundamental ratios Correlations
Click cells to compare fundamentals
Advanced Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Advanced Technology fundamental ratios Accounts
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Other Information on Investing in Advanced Stock
Balance Sheet is a snapshot of the
financial position of Advanced Technology at a specified time, usually calculated after every quarter, six months, or one year. Advanced Technology Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Advanced Technology and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Advanced currently owns. An asset can also be divided into two categories, current and non-current.