AHF Stock | | | 0.04 0.01 22.58% |
Australian Dairy financial indicator trend analysis is way more than just evaluating Australian Dairy Farms prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Australian Dairy Farms is a good investment. Please check the relationship between Australian Dairy Cost Of Revenue and its Extraordinary Items accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Australian Dairy Farms. 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.
Cost Of Revenue vs Extraordinary Items
Cost Of Revenue vs Extraordinary Items Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Australian Dairy Farms Cost Of Revenue account and
Extraordinary Items. At this time, the significance of the direction appears to have no relationship.
The correlation between Australian Dairy's Cost Of Revenue and Extraordinary Items is 0.09. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Extraordinary Items in the same time period over historical financial statements of Australian Dairy Farms, assuming nothing else is changed. The correlation between historical values of Australian Dairy's Cost Of Revenue and Extraordinary 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 Cost Of Revenue of Australian Dairy Farms are associated (or correlated) with its Extraordinary Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Extraordinary Items has no effect on the direction of Cost Of Revenue i.e., Australian Dairy's Cost Of Revenue and Extraordinary Items go up and down completely randomly.
Correlation Coefficient | 0.09 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Cost Of Revenue
Cost of Revenue is found on Australian Dairy Farms income statement and represents the costs associated with goods and services Australian Dairy provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Extraordinary Items
Most indicators from Australian Dairy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Australian Dairy Farms 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 Australian Dairy Farms. 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.
Selling General Administrative is likely to gain to about 3.6
M in 2024, whereas
Discontinued Operations is likely to drop (2.8
M) in 2024.
Australian Dairy fundamental ratios Correlations
Click cells to compare fundamentals
Australian Dairy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Australian Dairy fundamental ratios Accounts
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Additional Tools for Australian Stock Analysis
When running Australian Dairy's price analysis, check to
measure Australian Dairy'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 Australian Dairy is operating at the current time. Most of Australian Dairy's value examination focuses on studying past and present price action to
predict the probability of Australian Dairy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Australian Dairy's price. Additionally, you may evaluate how the addition of Australian Dairy to your portfolios can decrease your overall portfolio volatility.