AGFY Stock | | | USD 32.00 5.33 19.99% |
Agrify Corp financial indicator trend analysis is way more than just evaluating Agrify Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Agrify Corp is a good investment. Please check the relationship between Agrify Corp Capital Expenditures and its Other Non Cash Items accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Agrify Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in census.
For more information on how to buy Agrify Stock please use our
How to Invest in Agrify Corp guide.
Capital Expenditures vs Other Non Cash Items
Capital Expenditures vs Other Non Cash Items Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Agrify Corp Capital Expenditures account and
Other Non Cash Items. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Agrify Corp's Capital Expenditures and Other Non Cash Items is 0.19. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of Agrify Corp, assuming nothing else is changed. The correlation between historical values of Agrify Corp's Capital Expenditures and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Agrify Corp are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Capital Expenditures i.e., Agrify Corp's Capital Expenditures and Other Non Cash Items go up and down completely randomly.
Correlation Coefficient | 0.19 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Capital Expenditures
Capital Expenditures are funds used by Agrify Corp to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Agrify Corp operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Other Non Cash Items
Most indicators from Agrify Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Agrify Corp 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 Agrify Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in census.
For more information on how to buy Agrify Stock please use our
How to Invest in Agrify Corp guide.At this time, Agrify Corp's
Selling General Administrative is fairly stable compared to the past year.
Tax Provision is likely to rise to about 299.2
K in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.78 in 2024.
Agrify Corp fundamental ratios Correlations
Click cells to compare fundamentals
Agrify Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Agrify Corp fundamental ratios Accounts
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 Agrify Stock Analysis
When running Agrify Corp's price analysis, check to
measure Agrify Corp'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 Agrify Corp is operating at the current time. Most of Agrify Corp's value examination focuses on studying past and present price action to
predict the probability of Agrify Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Agrify Corp's price. Additionally, you may evaluate how the addition of Agrify Corp to your portfolios can decrease your overall portfolio volatility.