American Change In Cash vs Investments Analysis
ANG-PA Stock | 25.39 0.24 0.95% |
American National financial indicator trend analysis is way more than just evaluating American National prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether American National is a good investment. Please check the relationship between American National Change In Cash and its Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American National Group. 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.
Change In Cash vs Investments
Change In Cash vs Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of American National Change In Cash account and Investments. At this time, the significance of the direction appears to have almost identical trend.
The correlation between American National's Change In Cash and Investments is 0.98. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Investments in the same time period over historical financial statements of American National Group, assuming nothing else is changed. The correlation between historical values of American National's Change In Cash and 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 Change In Cash of American National Group are associated (or correlated) with its Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Investments has no effect on the direction of Change In Cash i.e., American National's Change In Cash and Investments go up and down completely randomly.
Correlation Coefficient | 0.98 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Change In Cash
Investments
Securities or assets acquired for generating income or appreciating in value, not used in daily operations.Most indicators from American National's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into American National 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 American National Group. 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. As of December 2, 2024, Tax Provision is expected to decline to about 80.9 M. In addition to that, Selling General Administrative is expected to decline to about 166.2 M
2023 | 2024 (projected) | Tax Provision | 85.1M | 80.9M | Interest Income | 1.2B | 1.0B |
American National fundamental ratios Correlations
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American National Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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.Other Information on Investing in American Stock
Balance Sheet is a snapshot of the financial position of American National at a specified time, usually calculated after every quarter, six months, or one year. American National Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of American National 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 American currently owns. An asset can also be divided into two categories, current and non-current.