AVON Stock | | | 1,366 20.00 1.44% |
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 Other Assets and its Cash 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.
Other Assets vs Cash
Other Assets vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Avon Protection PLC Other Assets account and
Cash. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Avon Protection's Other Assets and Cash is 0.1. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Cash 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 Other Assets and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of Avon Protection PLC are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Other Assets i.e., Avon Protection's Other Assets and Cash go up and down completely randomly.
Correlation Coefficient | 0.1 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Other Assets
Cash
Cash refers to the most liquid asset of Avon Protection PLC, which is listed under current asset account on Avon Protection PLC balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Avon Protection customers. The amounts must be unrestricted with restricted cash listed in a different Avon Protection account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
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.