AIM Stock | | | 0.77 0.03 4.05% |
AiMedia Technologies financial indicator trend analysis is way more than just evaluating AiMedia Technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AiMedia Technologies is a good investment. Please check the relationship between AiMedia Technologies Net Income From Continuing Ops and its Selling General Administrative accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in AiMedia Technologies. 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.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
AiMedia Technologies Net Income From Continuing Ops account and
Selling General Administrative. At this time, the significance of the direction appears to have almost identical trend.
The correlation between AiMedia Technologies' Net Income From Continuing Ops and Selling General Administrative is 0.96. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of AiMedia Technologies, assuming nothing else is changed. The correlation between historical values of AiMedia Technologies' Net Income From Continuing Ops and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income From Continuing Ops of AiMedia Technologies are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Net Income From Continuing Ops i.e., AiMedia Technologies' Net Income From Continuing Ops and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | 0.96 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Most indicators from AiMedia Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AiMedia 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 AiMedia Technologies. 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 this time, AiMedia Technologies'
Tax Provision is comparatively stable compared to the past year. Selling General Administrative is likely to gain to about 45.2
M in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 56.2
M in 2024.
When running AiMedia Technologies' price analysis, check to
measure AiMedia 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 AiMedia Technologies is operating at the current time. Most of AiMedia Technologies' value examination focuses on studying past and present price action to
predict the probability of AiMedia Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AiMedia Technologies' price. Additionally, you may evaluate how the addition of AiMedia Technologies to your portfolios can decrease your overall portfolio volatility.