0RTE Stock | | | 4.25 0.01 0.23% |
METRO AG financial indicator trend analysis is infinitely more than just investigating METRO AG recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether METRO AG is a good investment. Please check the relationship between METRO AG Intangible Assets and its Total Liab accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in METRO AG. 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.
Intangible Assets vs Total Liab
Intangible Assets vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
METRO AG Intangible Assets account and
Total Liab. At this time, the significance of the direction appears to have pay attention.
The correlation between METRO AG's Intangible Assets and Total Liab is -0.93. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Total Liab in the same time period over historical financial statements of METRO AG, assuming nothing else is changed. The correlation between historical values of METRO AG's Intangible Assets and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of METRO AG are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Intangible Assets i.e., METRO AG's Intangible Assets and Total Liab go up and down completely randomly.
Correlation Coefficient | -0.93 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from METRO AG's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into METRO AG 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 METRO AG. 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.
At this time, METRO AG's
Selling General Administrative is comparatively stable compared to the past year.
Discontinued Operations is likely to gain to about 731.7
M in 2024, whereas
Tax Provision is likely to drop slightly above 72.7
M in 2024.
METRO AG fundamental ratios Correlations
Click cells to compare fundamentals
METRO AG Account Relationship Matchups
High Positive Relationship
High Negative Relationship
METRO AG fundamental ratios Accounts
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Additional Tools for METRO Stock Analysis
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measure METRO AG'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 METRO AG is operating at the current time. Most of METRO AG's value examination focuses on studying past and present price action to
predict the probability of METRO AG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move METRO AG's price. Additionally, you may evaluate how the addition of METRO AG to your portfolios can decrease your overall portfolio volatility.