0MJT Stock | | | 4.53 0.03 0.66% |
Atresmedia financial indicator trend analysis is way more than just evaluating Atresmedia prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Atresmedia is a good investment. Please check the relationship between Atresmedia Short Term Debt and its Selling General Administrative accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Atresmedia. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Short Term Debt vs Selling General Administrative
Short Term Debt vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Atresmedia Short Term Debt account and
Selling General Administrative. At this time, the significance of the direction appears to have pay attention.
The correlation between Atresmedia's Short Term Debt and Selling General Administrative is -0.82. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Atresmedia, assuming nothing else is changed. The correlation between historical values of Atresmedia's Short Term Debt and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Atresmedia are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Short Term Debt i.e., Atresmedia's Short Term Debt and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | -0.82 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Short Term Debt
Selling General Administrative
Most indicators from Atresmedia's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Atresmedia 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 Atresmedia. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Tax Provision is likely to drop to about 8.5
M in 2024. Selling General Administrative is likely to drop to about 209.1
M in 2024
Atresmedia fundamental ratios Correlations
Click cells to compare fundamentals
Atresmedia Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Atresmedia fundamental ratios Accounts
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Additional Tools for Atresmedia Stock Analysis
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measure Atresmedia'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 Atresmedia is operating at the current time. Most of Atresmedia's value examination focuses on studying past and present price action to
predict the probability of Atresmedia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Atresmedia's price. Additionally, you may evaluate how the addition of Atresmedia to your portfolios can decrease your overall portfolio volatility.