AVCN Stock | | | CAD 0.26 0.01 3.70% |
Avicanna financial indicator trend analysis is way more than just evaluating Avicanna prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Avicanna is a good investment. Please check the relationship between Avicanna Stock Based Compensation and its End Period Cash Flow accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Avicanna. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Stock Based Compensation vs End Period Cash Flow
Stock Based Compensation vs End Period Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Avicanna Stock Based Compensation account and
End Period Cash Flow. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Avicanna's Stock Based Compensation and End Period Cash Flow is 0.44. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of End Period Cash Flow in the same time period over historical financial statements of Avicanna, assuming nothing else is changed. The correlation between historical values of Avicanna's Stock Based Compensation and End Period Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Stock Based Compensation of Avicanna are associated (or correlated) with its End Period Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when End Period Cash Flow has no effect on the direction of Stock Based Compensation i.e., Avicanna's Stock Based Compensation and End Period Cash Flow go up and down completely randomly.
Correlation Coefficient | 0.44 |
Relationship Direction | Positive |
Relationship Strength | Weak |
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.
End Period Cash Flow
Most indicators from Avicanna's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Avicanna 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 Avicanna. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
As of the 25th of November 2024,
Enterprise Value is likely to grow to about 59.2
M, while
Selling General Administrative is likely to drop about 11
M.
Avicanna fundamental ratios Correlations
Click cells to compare fundamentals
Avicanna Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Avicanna fundamental ratios Accounts
Other Information on Investing in Avicanna Stock
Balance Sheet is a snapshot of the
financial position of Avicanna at a specified time, usually calculated after every quarter, six months, or one year. Avicanna Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Avicanna 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 Avicanna currently owns. An asset can also be divided into two categories, current and non-current.