ABBV Stock | | | USD 183.08 1.94 1.07% |
AbbVie financial indicator trend analysis is way more than just evaluating AbbVie Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AbbVie Inc is a good investment. Please check the relationship between AbbVie Stock Based Compensation and its Cash Flows Other Operating accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in AbbVie Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of labor statistics.
Stock Based Compensation vs Cash Flows Other Operating
Stock Based Compensation vs Cash Flows Other Operating Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
AbbVie Inc Stock Based Compensation account and
Cash Flows Other Operating. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between AbbVie's Stock Based Compensation and Cash Flows Other Operating is -0.64. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Cash Flows Other Operating in the same time period over historical financial statements of AbbVie Inc, assuming nothing else is changed. The correlation between historical values of AbbVie's Stock Based Compensation and Cash Flows Other Operating is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Stock Based Compensation of AbbVie Inc are associated (or correlated) with its Cash Flows Other Operating. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash Flows Other Operating has no effect on the direction of Stock Based Compensation i.e., AbbVie's Stock Based Compensation and Cash Flows Other Operating go up and down completely randomly.
Correlation Coefficient | -0.64 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Stock Based Compensation
Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.
Cash Flows Other Operating
Most indicators from AbbVie's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AbbVie Inc 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 AbbVie Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of labor statistics.
Sales General And Administrative To Revenue is likely to climb to 0.28 in 2024, whereas
Selling General Administrative is likely to drop slightly above 7.8
B in 2024.
AbbVie fundamental ratios Correlations
Click cells to compare fundamentals
AbbVie Account Relationship Matchups
High Positive Relationship
High Negative Relationship
AbbVie fundamental ratios Accounts
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Additional Tools for AbbVie Stock Analysis
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measure AbbVie'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 AbbVie is operating at the current time. Most of AbbVie's value examination focuses on studying past and present price action to
predict the probability of AbbVie's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AbbVie's price. Additionally, you may evaluate how the addition of AbbVie to your portfolios can decrease your overall portfolio volatility.