ASY Stock | | | 512.50 5.00 0.97% |
Andrews Sykes financial indicator trend analysis is way more than just evaluating Andrews Sykes Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Andrews Sykes Group is a good investment. Please check the relationship between Andrews Sykes Depreciation and its Stock Based Compensation accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Andrews Sykes 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 bureau of economic analysis.
Depreciation vs Stock Based Compensation
Depreciation vs Stock Based Compensation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Andrews Sykes Group Depreciation account and
Stock Based Compensation. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Andrews Sykes' Depreciation and Stock Based Compensation is -0.15. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Stock Based Compensation in the same time period over historical financial statements of Andrews Sykes Group, assuming nothing else is changed. The correlation between historical values of Andrews Sykes' Depreciation and Stock Based Compensation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Andrews Sykes Group are associated (or correlated) with its Stock Based Compensation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Stock Based Compensation has no effect on the direction of Depreciation i.e., Andrews Sykes' Depreciation and Stock Based Compensation go up and down completely randomly.
Correlation Coefficient | -0.15 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Depreciation
Depreciation indicates how much of Andrews Sykes Group value has been used up. For tax purposes Andrews Sykes can deduct the cost of the tangible assets it purchases as business expenses. However, Andrews Sykes Group must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Stock Based Compensation
Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.
Most indicators from Andrews Sykes' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Andrews Sykes Group 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 Andrews Sykes 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 bureau of economic analysis.
As of December 2, 2024,
Selling General Administrative is expected to decline to about 9.2
M. In addition to that,
Tax Provision is expected to decline to about 4.3
MAndrews Sykes fundamental ratios Correlations
Click cells to compare fundamentals
Andrews Sykes Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Andrews Sykes 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.
Other Information on Investing in Andrews Stock
Balance Sheet is a snapshot of the
financial position of Andrews Sykes Group at a specified time, usually calculated after every quarter, six months, or one year. Andrews Sykes Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Andrews Sykes 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 Andrews currently owns. An asset can also be divided into two categories, current and non-current.