AGI Stock | | | 1,224 26.95 2.15% |
AGI Greenpac financial indicator trend analysis is way more than just evaluating AGI Greenpac Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AGI Greenpac Limited is a good investment. Please check the relationship between AGI Greenpac Investments and its Capital Expenditures accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in AGI Greenpac Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Investments vs Capital Expenditures
Investments vs Capital Expenditures Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
AGI Greenpac Limited Investments account and
Capital Expenditures. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between AGI Greenpac's Investments and Capital Expenditures is -0.18. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of AGI Greenpac Limited, assuming nothing else is changed. The correlation between historical values of AGI Greenpac's Investments and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Investments of AGI Greenpac Limited are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Investments i.e., AGI Greenpac's Investments and Capital Expenditures go up and down completely randomly.
Correlation Coefficient | -0.18 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Investments
Securities or assets acquired for generating income or appreciating in value, not used in daily operations.
Capital Expenditures
Capital Expenditures are funds used by AGI Greenpac Limited to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of AGI Greenpac operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Most indicators from AGI Greenpac's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AGI Greenpac Limited 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 AGI Greenpac Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
At present, AGI Greenpac's
Discontinued Operations is projected to increase significantly based on the last few years of reporting.
AGI Greenpac fundamental ratios Correlations
Click cells to compare fundamentals
AGI Greenpac Account Relationship Matchups
High Positive Relationship
High Negative Relationship
AGI Greenpac fundamental ratios Accounts
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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.
Other Information on Investing in AGI Stock
Balance Sheet is a snapshot of the
financial position of AGI Greenpac Limited at a specified time, usually calculated after every quarter, six months, or one year. AGI Greenpac Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of AGI Greenpac and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which AGI currently owns. An asset can also be divided into two categories, current and non-current.