ADNWW Stock | | | USD 0.01 0 13.95% |
Advent Technologies financial indicator trend analysis is way more than just evaluating Advent Technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Advent Technologies is a good investment. Please check the relationship between Advent Technologies Total Revenue and its Research Development accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Advent Technologies Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in housing.
Total Revenue vs Research Development
Total Revenue vs Research Development Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Advent Technologies Total Revenue account and
Research Development. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Advent Technologies' Total Revenue and Research Development is 0.8. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Research Development in the same time period over historical financial statements of Advent Technologies Holdings, assuming nothing else is changed. The correlation between historical values of Advent Technologies' Total Revenue and Research Development is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Advent Technologies Holdings are associated (or correlated) with its Research Development. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Research Development has no effect on the direction of Total Revenue i.e., Advent Technologies' Total Revenue and Research Development go up and down completely randomly.
Correlation Coefficient | 0.8 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Revenue
Total revenue comprises all receipts Advent Technologies generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Research Development
Most indicators from Advent Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Advent Technologies 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 Advent Technologies Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in housing.
At this time, Advent Technologies'
Tax Provision is fairly stable compared to the past year.
Issuance Of Capital Stock is likely to climb to about 9.5
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 24.6
M in 2024.
Advent Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Advent Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Advent Technologies fundamental ratios Accounts
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Additional Tools for Advent Stock Analysis
When running Advent Technologies' price analysis, check to
measure Advent Technologies' 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 Advent Technologies is operating at the current time. Most of Advent Technologies' value examination focuses on studying past and present price action to
predict the probability of Advent Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Advent Technologies' price. Additionally, you may evaluate how the addition of Advent Technologies to your portfolios can decrease your overall portfolio volatility.