ATEX Stock | | | USD 32.80 0.92 2.73% |
Anterix financial indicator trend analysis is way more than just evaluating Anterix prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Anterix is a good investment. Please check the relationship between Anterix Current Deferred Revenue and its Common Stock Total Equity accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Anterix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
For more information on how to buy Anterix Stock please use our
How to Invest in Anterix guide.
Current Deferred Revenue vs Common Stock Total Equity
Current Deferred Revenue vs Common Stock Total Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Anterix Current Deferred Revenue account and
Common Stock Total Equity. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Anterix's Current Deferred Revenue and Common Stock Total Equity is -0.3. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of Anterix, assuming nothing else is changed. The correlation between historical values of Anterix's Current Deferred Revenue and Common Stock Total Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Anterix are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Current Deferred Revenue i.e., Anterix's Current Deferred Revenue and Common Stock Total Equity go up and down completely randomly.
Correlation Coefficient | -0.3 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Most indicators from Anterix's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Anterix 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 Anterix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
For more information on how to buy Anterix Stock please use our
How to Invest in Anterix guide.
Selling General Administrative is likely to drop to about 27
M in 2024.
Tax Provision is likely to drop to about 1.3
M in 2024
Anterix fundamental ratios Correlations
Click cells to compare fundamentals
Anterix Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Anterix fundamental ratios Accounts
Also Currently Popular
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 Anterix Stock Analysis
When running Anterix's price analysis, check to
measure Anterix'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 Anterix is operating at the current time. Most of Anterix's value examination focuses on studying past and present price action to
predict the probability of Anterix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Anterix's price. Additionally, you may evaluate how the addition of Anterix to your portfolios can decrease your overall portfolio volatility.