AVON Stock | | | 1,396 16.00 1.13% |
Avon Protection financial indicator trend analysis is way more than just evaluating Avon Protection PLC prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Avon Protection PLC is a good investment. Please check the relationship between Avon Protection Inventory and its Common Stock Total Equity accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Avon Protection 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 board of governors.
Inventory vs Common Stock Total Equity
Inventory vs Common Stock Total Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Avon Protection PLC Inventory account and
Common Stock Total Equity. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Avon Protection's Inventory and Common Stock Total Equity is -0.06. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of Avon Protection PLC, assuming nothing else is changed. The correlation between historical values of Avon Protection's Inventory 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 Inventory of Avon Protection PLC 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 Inventory i.e., Avon Protection's Inventory and Common Stock Total Equity go up and down completely randomly.
Correlation Coefficient | -0.06 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Inventory
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Most indicators from Avon Protection's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Avon Protection 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 Avon Protection 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 board of governors.
Selling General Administrative is likely to gain to about 88.6
M in 2024, despite the fact that
Discontinued Operations is likely to grow to (1.2
M).
Avon Protection fundamental ratios Correlations
Click cells to compare fundamentals
Avon Protection Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Avon Protection fundamental ratios Accounts
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Additional Tools for Avon Stock Analysis
When running Avon Protection's price analysis, check to
measure Avon Protection'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 Avon Protection is operating at the current time. Most of Avon Protection's value examination focuses on studying past and present price action to
predict the probability of Avon Protection's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avon Protection's price. Additionally, you may evaluate how the addition of Avon Protection to your portfolios can decrease your overall portfolio volatility.