AMAT Stock | | | USD 171.32 1.88 1.09% |
Applied Materials financial indicator trend analysis is way more than just evaluating Applied Materials prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Applied Materials is a good investment. Please check the relationship between Applied Materials Total Operating Expenses and its Selling General Administrative accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Applied Materials. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
For more information on how to buy Applied Stock please use our
How to Invest in Applied Materials guide.
Total Operating Expenses vs Selling General Administrative
Total Operating Expenses vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Applied Materials Total Operating Expenses account and
Selling General Administrative. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Applied Materials' Total Operating Expenses and Selling General Administrative is 0.86. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Applied Materials, assuming nothing else is changed. The correlation between historical values of Applied Materials' Total Operating Expenses 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 Total Operating Expenses of Applied Materials 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 Total Operating Expenses i.e., Applied Materials' Total Operating Expenses and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | 0.86 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Selling General Administrative
Most indicators from Applied Materials' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Applied Materials 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 Applied Materials. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
For more information on how to buy Applied Stock please use our
How to Invest in Applied Materials guide.
Enterprise Value is likely to gain to about 120.4
B in 2024, whereas Selling General Administrative is likely to drop slightly above 525.3
M in 2024.
Applied Materials fundamental ratios Correlations
Click cells to compare fundamentals
Applied Materials Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Applied Materials fundamental ratios Accounts
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Additional Tools for Applied Stock Analysis
When running Applied Materials' price analysis, check to
measure Applied Materials' 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 Applied Materials is operating at the current time. Most of Applied Materials' value examination focuses on studying past and present price action to
predict the probability of Applied Materials' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Applied Materials' price. Additionally, you may evaluate how the addition of Applied Materials to your portfolios can decrease your overall portfolio volatility.