ABDN Stock | | | 139.90 1.85 1.34% |
Abrdn PLC financial indicator trend analysis is way more than just evaluating Abrdn PLC prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Abrdn PLC is a good investment. Please check the relationship between Abrdn PLC Begin Period Cash Flow and its Depreciation accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Abrdn PLC. 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.
Begin Period Cash Flow vs Depreciation
Begin Period Cash Flow vs Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Abrdn PLC Begin Period Cash Flow account and
Depreciation. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Abrdn PLC's Begin Period Cash Flow and Depreciation is -0.51. Overlapping area represents the amount of variation of Begin Period Cash Flow that can explain the historical movement of Depreciation in the same time period over historical financial statements of Abrdn PLC, assuming nothing else is changed. The correlation between historical values of Abrdn PLC's Begin Period Cash Flow and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Begin Period Cash Flow of Abrdn PLC are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Begin Period Cash Flow i.e., Abrdn PLC's Begin Period Cash Flow and Depreciation go up and down completely randomly.
Correlation Coefficient | -0.51 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.
Depreciation
Depreciation indicates how much of Abrdn PLC value has been used up. For tax purposes Abrdn PLC can deduct the cost of the tangible assets it purchases as business expenses. However, Abrdn PLC must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from Abrdn PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Abrdn PLC 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 Abrdn PLC. 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 drop to about 563.4
M in 2024.
Tax Provision is likely to gain to about (17.1
M) in 2024
Abrdn PLC fundamental ratios Correlations
Click cells to compare fundamentals
Abrdn PLC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Abrdn PLC fundamental ratios Accounts
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Additional Tools for Abrdn Stock Analysis
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measure Abrdn PLC'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 Abrdn PLC is operating at the current time. Most of Abrdn PLC's value examination focuses on studying past and present price action to
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