ATG Stock | | | 516.00 12.00 2.27% |
Auction Technology financial indicator trend analysis is way more than just evaluating Auction Technology prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Auction Technology is a good investment. Please check the relationship between Auction Technology Common Stock Shares Outstanding and its Non Current Liabilities Total accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Auction Technology 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.
Common Stock Shares Outstanding vs Non Current Liabilities Total
Common Stock Shares Outstanding vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Auction Technology Common Stock Shares Outstanding account and
Non Current Liabilities Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Auction Technology's Common Stock Shares Outstanding and Non Current Liabilities Total is 0.77. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Auction Technology Group, assuming nothing else is changed. The correlation between historical values of Auction Technology's Common Stock Shares Outstanding and Non Current Liabilities Total 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 Shares Outstanding of Auction Technology Group are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Common Stock Shares Outstanding i.e., Auction Technology's Common Stock Shares Outstanding and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | 0.77 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
Non Current Liabilities Total
Most indicators from Auction Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Auction Technology 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 Auction Technology 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.
The current year's
Selling General Administrative is expected to grow to about 84.2
M, whereas
Discontinued Operations is forecasted to decline to about 242.9
K.
Auction Technology fundamental ratios Correlations
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Auction Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Auction Technology fundamental ratios Accounts
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Other Information on Investing in Auction Stock
Balance Sheet is a snapshot of the
financial position of Auction Technology at a specified time, usually calculated after every quarter, six months, or one year. Auction Technology Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Auction Technology 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 Auction currently owns. An asset can also be divided into two categories, current and non-current.