Above Non Current Liabilities Total vs Common Stock Analysis
ABVEW Stock | 0.02 0 23.46% |
Above Food financial indicator trend analysis is way more than just evaluating Above Food Ingredients prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Above Food Ingredients is a good investment. Please check the relationship between Above Food Non Current Liabilities Total and its Common Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Above Food Ingredients. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
Non Current Liabilities Total vs Common Stock
Non Current Liabilities Total vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Above Food Ingredients Non Current Liabilities Total account and Common Stock. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Above Food's Non Current Liabilities Total and Common Stock is -0.12. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Common Stock in the same time period over historical financial statements of Above Food Ingredients, assuming nothing else is changed. The correlation between historical values of Above Food's Non Current Liabilities Total and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Above Food Ingredients are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Non Current Liabilities Total i.e., Above Food's Non Current Liabilities Total and Common Stock go up and down completely randomly.
Correlation Coefficient | -0.12 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Non Current Liabilities Total
Common Stock
Most indicators from Above Food's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Above Food Ingredients 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 Above Food Ingredients. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. At this time, Above Food's Tax Provision is fairly stable compared to the past year. Enterprise Value is likely to climb to about 343.1 M in 2024, whereas Selling General Administrative is likely to drop slightly above 24.2 M in 2024.
2010 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 1.4M | 3.0M | 3.6M | 2.9M | Interest Income | 82.3K | 296.5K | 245.3K | 228.8K |
Above Food fundamental ratios Correlations
Click cells to compare fundamentals
Above Food Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 Above Stock Analysis
When running Above Food's price analysis, check to measure Above Food'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 Above Food is operating at the current time. Most of Above Food's value examination focuses on studying past and present price action to predict the probability of Above Food's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Above Food's price. Additionally, you may evaluate how the addition of Above Food to your portfolios can decrease your overall portfolio volatility.