| AMRUTANJAN | | | 666.00 7.95 1.18% |
Amrutanjan Health financial indicator trend analysis is way more than just evaluating Amrutanjan Health Care prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Amrutanjan Health Care is a good investment. Please check the relationship between Amrutanjan Health Change To Netincome and its Issuance Of Capital Stock accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Amrutanjan Health Care. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Amrutanjan Health Care Change To Netincome account and
Issuance Of Capital Stock. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Amrutanjan Health's Change To Netincome and Issuance Of Capital Stock is -0.27. Overlapping area represents the amount of variation of Change To Netincome that can explain the historical movement of Issuance Of Capital Stock in the same time period over historical financial statements of Amrutanjan Health Care, assuming nothing else is changed. The correlation between historical values of Amrutanjan Health's Change To Netincome and Issuance Of Capital Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Netincome of Amrutanjan Health Care are associated (or correlated) with its Issuance Of Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Issuance Of Capital Stock has no effect on the direction of Change To Netincome i.e., Amrutanjan Health's Change To Netincome and Issuance Of Capital Stock go up and down completely randomly.
Correlation Coefficient | -0.27 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Most indicators from Amrutanjan Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Amrutanjan Health Care 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 Amrutanjan Health Care. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
At this time, Amrutanjan Health's
Selling General Administrative is very stable compared to the past year. As of the 31st of January 2025, Issuance Of Capital Stock is likely to grow to about 11.4
M, though
Discontinued Operations is likely to grow to (4.1
M).
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.
Balance Sheet is a snapshot of the
financial position of Amrutanjan Health Care at a specified time, usually calculated after every quarter, six months, or one year. Amrutanjan Health Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Amrutanjan Health 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 Amrutanjan currently owns. An asset can also be divided into two categories, current and non-current.