| AIM Stock | | | CAD 2.47 0.06 2.37% |
Aimia financial indicator trend analysis is way more than just evaluating Aimia Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aimia Inc is a good investment. Please check the relationship between Aimia Total Assets and its Short Term Investments accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Aimia Inc. 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.
Total Assets vs Short Term Investments
Total Assets vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Aimia Inc Total Assets account and
Short Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Aimia's Total Assets and Short Term Investments is -0.07. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Aimia Inc, assuming nothing else is changed. The correlation between historical values of Aimia's Total Assets and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Aimia Inc are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Total Assets i.e., Aimia's Total Assets and Short Term Investments go up and down completely randomly.
Correlation Coefficient | -0.07 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Total Assets
Total assets refers to the total amount of Aimia assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Aimia Inc books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Short Term Investments
Short Term Investments is an item under the current assets section of Aimia balance sheet. It contains any investments Aimia Inc undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Aimia Inc can easily liquidate in the marketplace.
Most indicators from Aimia's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aimia Inc 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 Aimia Inc. 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, Aimia's
Issuance Of Capital Stock is very stable compared to the past year. As of the 23rd of November 2024,
Sales General And Administrative To Revenue is likely to grow to 1.41, while
Selling General Administrative is likely to drop about 149.7
M.
Aimia fundamental ratios Correlations
Click cells to compare fundamentals
Aimia Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Aimia fundamental ratios Accounts
Other Information on Investing in Aimia Stock
Balance Sheet is a snapshot of the
financial position of Aimia Inc at a specified time, usually calculated after every quarter, six months, or one year. Aimia Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Aimia 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 Aimia currently owns. An asset can also be divided into two categories, current and non-current.