ABAT Stock | | | 0.93 0.02 2.11% |
American Battery financial indicator trend analysis is way more than just evaluating American Battery Tec prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether American Battery Tec is a good investment. Please check the relationship between American Battery Ebit Per Revenue and its Revenue Per Share accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in American Battery Technology. 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.
Ebit Per Revenue vs Revenue Per Share
Ebit Per Revenue vs Revenue Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
American Battery Tec Ebit Per Revenue account and
Revenue Per Share. At this time, the significance of the direction appears to have pay attention.
The correlation between American Battery's Ebit Per Revenue and Revenue Per Share is -0.8. Overlapping area represents the amount of variation of Ebit Per Revenue that can explain the historical movement of Revenue Per Share in the same time period over historical financial statements of American Battery Technology, assuming nothing else is changed. The correlation between historical values of American Battery's Ebit Per Revenue and Revenue Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit Per Revenue of American Battery Technology are associated (or correlated) with its Revenue Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Revenue Per Share has no effect on the direction of Ebit Per Revenue i.e., American Battery's Ebit Per Revenue and Revenue Per Share go up and down completely randomly.
Correlation Coefficient | -0.8 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Ebit Per Revenue
Revenue Per Share
The amount of revenue generated by a company per share of stock, calculated by dividing total revenue by the average number of shares outstanding.
Most indicators from American Battery's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into American Battery Tec 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 American Battery Technology. 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.
Selling General Administrative is likely to drop to about 10.9
M in 2024.
Issuance Of Capital Stock is likely to drop to about 34.2
M in 2024
American Battery fundamental ratios Correlations
Click cells to compare fundamentals
American Battery Account Relationship Matchups
High Positive Relationship
High Negative Relationship
American Battery fundamental ratios Accounts
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Additional Tools for American Stock Analysis
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measure American Battery'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 American Battery is operating at the current time. Most of American Battery's value examination focuses on studying past and present price action to
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