Alternative Common Stock vs Accounts Payable Analysis
| AEGY Stock | USD 0.0001 0.00 0.00% |
Alternative Energy financial indicator trend analysis is way more than just evaluating Alternative Energy prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alternative Energy is a good investment. Please check the relationship between Alternative Energy Common Stock and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alternative Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. For more information on how to buy Alternative Stock please use our How to Invest in Alternative Energy guide.
Common Stock vs Accounts Payable
Common Stock vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alternative Energy Common Stock account and Accounts Payable. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Alternative Energy's Common Stock and Accounts Payable is -0.31. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Alternative Energy, assuming nothing else is changed. The correlation between historical values of Alternative Energy's Common Stock and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Alternative Energy are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Common Stock i.e., Alternative Energy's Common Stock and Accounts Payable go up and down completely randomly.
Correlation Coefficient | -0.31 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Common Stock
Accounts Payable
An accounting item on the balance sheet that represents Alternative Energy obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Alternative Energy are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Most indicators from Alternative Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alternative Energy 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 Alternative Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. For more information on how to buy Alternative Stock please use our How to Invest in Alternative Energy guide.Discontinued Operations is likely to rise to about 102.9 K in 2024, whereas Selling General Administrative is likely to drop slightly above 223.2 K in 2024.
Alternative Energy fundamental ratios Correlations
Click cells to compare fundamentals
Alternative Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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 Alternative Stock Analysis
When running Alternative Energy's price analysis, check to measure Alternative Energy'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 Alternative Energy is operating at the current time. Most of Alternative Energy's value examination focuses on studying past and present price action to predict the probability of Alternative Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alternative Energy's price. Additionally, you may evaluate how the addition of Alternative Energy to your portfolios can decrease your overall portfolio volatility.