APTV Stock | | | USD 52.59 0.48 0.92% |
Aptiv PLC financial indicator trend analysis is way more than just evaluating Aptiv PLC prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aptiv PLC is a good investment. Please check the relationship between Aptiv PLC Long Term Investments and its Total Current Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Aptiv PLC. 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.
For more information on how to buy Aptiv Stock please use our
How to Invest in Aptiv PLC guide.
Long Term Investments vs Total Current Assets
Long Term Investments vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Aptiv PLC Long Term Investments account and
Total Current Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Aptiv PLC's Long Term Investments and Total Current Assets is 0.9. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Aptiv PLC, assuming nothing else is changed. The correlation between historical values of Aptiv PLC's Long Term Investments and Total Current 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 Long Term Investments of Aptiv PLC are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Long Term Investments i.e., Aptiv PLC's Long Term Investments and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.9 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Long Term Investments
Long Term Investments is an item on the asset side of Aptiv PLC balance sheet that represents investments Aptiv PLC intends to hold for over a year. Aptiv PLC long term investments may include different instruments such as stocks, bonds, real estate and cash.
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Aptiv PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aptiv PLC 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 Aptiv PLC. 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.
For more information on how to buy Aptiv Stock please use our
How to Invest in Aptiv PLC guide.
Selling General Administrative is likely to drop to about 982.8
M in 2024.
Discontinued Operations is likely to drop to about 221.9
M in 2024
Aptiv PLC fundamental ratios Correlations
Click cells to compare fundamentals
Aptiv PLC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Aptiv PLC fundamental ratios Accounts
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Additional Tools for Aptiv Stock Analysis
When running Aptiv PLC's price analysis, check to
measure Aptiv PLC'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 Aptiv PLC is operating at the current time. Most of Aptiv PLC's value examination focuses on studying past and present price action to
predict the probability of Aptiv PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aptiv PLC's price. Additionally, you may evaluate how the addition of Aptiv PLC to your portfolios can decrease your overall portfolio volatility.