American Total Revenue vs Long Term 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 Total Revenue and its Long Term 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.
Total Revenue vs Long Term Investments
Total Revenue vs Long Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of American National Total Revenue account and Long Term Investments. At this time, the significance of the direction appears to have very strong relationship.
The correlation between American National's Total Revenue and Long Term Investments is 0.89. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Long Term 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 Total Revenue and Long 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 Revenue of American National Group are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Total Revenue i.e., American National's Total Revenue and Long Term Investments go up and down completely randomly.
Correlation Coefficient | 0.89 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Revenue
Total revenue comprises all receipts American National generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Long Term Investments
Long Term Investments is an item on the asset side of American National balance sheet that represents investments American National intends to hold for over a year. American National Group long term investments may include different instruments such as stocks, bonds, real estate and cash.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.