ANGHW Stock | | | USD 0.02 0.01 39.19% |
Anghami Warrants financial indicator trend analysis is way more than just evaluating Anghami Warrants prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Anghami Warrants is a good investment. Please check the relationship between Anghami Warrants Common Stock and its Intangible Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Anghami Warrants. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in rate.
For more information on how to buy Anghami Stock please use our
How to Invest in Anghami Warrants guide.
Common Stock vs Intangible Assets
Common Stock vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Anghami Warrants Common Stock account and
Intangible Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Anghami Warrants' Common Stock and Intangible Assets is -0.56. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Anghami Warrants, assuming nothing else is changed. The correlation between historical values of Anghami Warrants' Common Stock and Intangible Assets 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 of Anghami Warrants are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Common Stock i.e., Anghami Warrants' Common Stock and Intangible Assets go up and down completely randomly.
Correlation Coefficient | -0.56 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Common Stock
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Anghami Warrants' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Anghami Warrants 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 Anghami Warrants. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in rate.
For more information on how to buy Anghami Stock please use our
How to Invest in Anghami Warrants guide.
Tax Provision is likely to climb to about 666.2
K in 2024, whereas
Selling General Administrative is likely to drop slightly above 13.8
M in 2024.
Anghami Warrants fundamental ratios Correlations
Click cells to compare fundamentals
Anghami Warrants Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Anghami Warrants fundamental ratios Accounts
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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.
Additional Tools for Anghami Stock Analysis
When running Anghami Warrants' price analysis, check to
measure Anghami Warrants' 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 Anghami Warrants is operating at the current time. Most of Anghami Warrants' value examination focuses on studying past and present price action to
predict the probability of Anghami Warrants' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Anghami Warrants' price. Additionally, you may evaluate how the addition of Anghami Warrants to your portfolios can decrease your overall portfolio volatility.