AMX Stock | | | USD 15.02 0.16 1.05% |
America Movil financial indicator trend analysis is way more than just evaluating America Movil SAB prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether America Movil SAB is a good investment. Please check the relationship between America Movil Common Stock Shares Outstanding and its Retained Earnings accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in America Movil SAB. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
Common Stock Shares Outstanding vs Retained Earnings
Common Stock Shares Outstanding vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
America Movil SAB Common Stock Shares Outstanding account and
Retained Earnings. At this time, the significance of the direction appears to have very strong relationship.
The correlation between America Movil's Common Stock Shares Outstanding and Retained Earnings is 0.84. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of America Movil SAB, assuming nothing else is changed. The correlation between historical values of America Movil's Common Stock Shares Outstanding and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of America Movil SAB are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Common Stock Shares Outstanding i.e., America Movil's Common Stock Shares Outstanding and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.84 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from America Movil's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into America Movil SAB 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 America Movil SAB. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
Selling General Administrative is likely to drop to about 166.1
B in 2024.
Tax Provision is likely to drop to about 29
B in 2024
America Movil fundamental ratios Correlations
Click cells to compare fundamentals
America Movil Account Relationship Matchups
High Positive Relationship
High Negative Relationship
America Movil fundamental ratios Accounts
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Additional Tools for America Stock Analysis
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measure America Movil'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 America Movil is operating at the current time. Most of America Movil's value examination focuses on studying past and present price action to
predict the probability of America Movil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move America Movil's price. Additionally, you may evaluate how the addition of America Movil to your portfolios can decrease your overall portfolio volatility.