Able Property Plant And Equipment Net vs Common Stock Shares Outstanding Analysis

ABLVW Stock   0.02  0.00  0.00%   
Able View financial indicator trend analysis is way more than just evaluating Able View Global prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Able View Global is a good investment. Please check the relationship between Able View Property Plant And Equipment Net and its Common Stock Shares Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

Property Plant And Equipment Net vs Common Stock Shares Outstanding

Property Plant And Equipment Net vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Able View Global Property Plant And Equipment Net account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have pay attention.
The correlation between Able View's Property Plant And Equipment Net and Common Stock Shares Outstanding is -0.76. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Able View Global, assuming nothing else is changed. The correlation between historical values of Able View's Property Plant And Equipment Net and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Able View Global are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Property Plant And Equipment Net i.e., Able View's Property Plant And Equipment Net and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.76
Relationship DirectionNegative 
Relationship StrengthWeak

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Able View's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Able View Global 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. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
Tax Provision is likely to drop to about 1.6 M in 2024. Selling General Administrative is likely to drop to about 7.9 M in 2024
 2021 2022 2023 2024 (projected)
Interest Expense787.5K612.6K842.2K702.8K
Depreciation And Amortization125.6K417.6K880.4K924.4K

Able View fundamental ratios Correlations

0.730.230.84-0.060.750.28-0.08-0.340.80.820.850.940.820.95-0.770.990.460.860.990.930.790.521.00.680.9
0.730.230.77-0.720.3-0.030.55-0.890.190.230.420.510.230.9-0.560.780.20.960.80.920.340.920.760.190.55
0.230.230.63-0.24-0.310.890.34-0.120.34-0.06-0.170.02-0.060.26-0.180.160.890.110.260.21-0.270.360.27-0.36-0.15
0.840.770.63-0.330.410.580.19-0.510.650.450.560.620.450.87-0.80.810.760.760.870.870.460.640.870.320.52
-0.06-0.72-0.24-0.330.40.2-0.930.930.480.50.30.220.5-0.360.02-0.140.06-0.52-0.18-0.40.37-0.85-0.10.480.14
0.750.3-0.310.410.4-0.03-0.610.030.730.880.980.860.880.6-0.760.740.10.510.690.611.0-0.050.720.990.85
0.28-0.030.890.580.2-0.03-0.130.240.620.210.080.170.210.17-0.340.170.97-0.050.260.130.01-0.010.3-0.04-0.04
-0.080.550.340.19-0.93-0.61-0.13-0.75-0.53-0.56-0.51-0.31-0.560.20.280.0-0.060.360.040.2-0.580.81-0.03-0.69-0.24
-0.34-0.89-0.12-0.510.930.030.24-0.750.250.22-0.07-0.070.22-0.610.34-0.420.03-0.75-0.44-0.660.0-0.88-0.380.12-0.16
0.80.190.340.650.480.730.62-0.530.250.890.790.840.890.58-0.670.710.670.370.730.540.75-0.020.780.710.71
0.820.23-0.060.450.50.880.21-0.560.220.890.90.961.00.62-0.570.780.280.470.750.570.89-0.010.790.870.91
0.850.42-0.170.560.30.980.08-0.51-0.070.790.90.910.90.72-0.820.840.220.620.80.730.990.090.830.960.89
0.940.510.020.620.220.860.17-0.31-0.070.840.960.910.960.81-0.650.930.290.710.90.780.870.280.920.810.98
0.820.23-0.060.450.50.880.21-0.560.220.891.00.90.960.62-0.570.780.280.470.750.570.89-0.010.790.870.91
0.950.90.260.87-0.360.60.170.2-0.610.580.620.720.810.62-0.730.970.380.970.980.990.640.740.960.510.81
-0.77-0.56-0.18-0.80.02-0.76-0.340.280.34-0.67-0.57-0.82-0.65-0.57-0.73-0.74-0.52-0.62-0.76-0.77-0.78-0.24-0.78-0.71-0.57
0.990.780.160.81-0.140.740.170.0-0.420.710.780.840.930.780.97-0.740.360.910.990.950.770.590.990.660.92
0.460.20.890.760.060.10.97-0.060.030.670.280.220.290.280.38-0.520.360.170.440.350.130.160.480.060.09
0.860.960.110.76-0.520.51-0.050.36-0.750.370.470.620.710.470.97-0.620.910.170.910.970.540.830.870.410.76
0.990.80.260.87-0.180.690.260.04-0.440.730.750.80.90.750.98-0.760.990.440.910.960.730.621.00.610.87
0.930.920.210.87-0.40.610.130.2-0.660.540.570.730.780.570.99-0.770.950.350.970.960.650.740.940.520.78
0.790.34-0.270.460.371.00.01-0.580.00.750.890.990.870.890.64-0.780.770.130.540.730.65-0.010.760.990.86
0.520.920.360.64-0.85-0.05-0.010.81-0.88-0.02-0.010.090.28-0.010.74-0.240.590.160.830.620.74-0.010.56-0.160.34
1.00.760.270.87-0.10.720.3-0.03-0.380.780.790.830.920.790.96-0.780.990.480.871.00.940.760.560.650.88
0.680.19-0.360.320.480.99-0.04-0.690.120.710.870.960.810.870.51-0.710.660.060.410.610.520.99-0.160.650.8
0.90.55-0.150.520.140.85-0.04-0.24-0.160.710.910.890.980.910.81-0.570.920.090.760.870.780.860.340.880.8
Click cells to compare fundamentals

Able View Account Relationship Matchups

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Able Stock Analysis

When running Able View's price analysis, check to measure Able View'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 Able View is operating at the current time. Most of Able View's value examination focuses on studying past and present price action to predict the probability of Able View's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Able View's price. Additionally, you may evaluate how the addition of Able View to your portfolios can decrease your overall portfolio volatility.