AATG Stock | | | 70.00 0.38 0.55% |
Albion Technology financial indicator trend analysis is way more than just evaluating Albion Technology General prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Albion Technology General is a good investment. Please check the relationship between Albion Technology Inventory and its Retained Earnings accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Albion Technology General. 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.
Inventory vs Retained Earnings
Inventory vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Albion Technology General Inventory account and
Retained Earnings. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Albion Technology's Inventory and Retained Earnings is -0.31. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Albion Technology General, assuming nothing else is changed. The correlation between historical values of Albion Technology's Inventory and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Albion Technology General are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Inventory i.e., Albion Technology's Inventory and Retained Earnings go up and down completely randomly.
Correlation Coefficient | -0.31 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Inventory
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from Albion Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Albion Technology General 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 Albion Technology General. 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.
Selling General Administrative is likely to gain to about 2.8
M in 2024.
Issuance Of Capital Stock is likely to gain to about 11.7
M in 2024
Albion Technology fundamental ratios Correlations
Click cells to compare fundamentals
Albion Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Albion Technology fundamental ratios Accounts
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Additional Tools for Albion Stock Analysis
When running Albion Technology's price analysis, check to
measure Albion Technology'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 Albion Technology is operating at the current time. Most of Albion Technology's value examination focuses on studying past and present price action to
predict the probability of Albion Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Albion Technology's price. Additionally, you may evaluate how the addition of Albion Technology to your portfolios can decrease your overall portfolio volatility.