AX1 Stock | | | 2.47 0.08 3.35% |
Accent financial indicator trend analysis is way more than just evaluating Accent Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Accent Group is a good investment. Please check the relationship between Accent Good Will and its Common Stock Total Equity accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Accent 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 board of governors.
Good Will vs Common Stock Total Equity
Good Will vs Common Stock Total Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Accent Group Good Will account and
Common Stock Total Equity. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Accent's Good Will and Common Stock Total Equity is 0.91. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of Accent Group, assuming nothing else is changed. The correlation between historical values of Accent's Good Will 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 Good Will of Accent Group 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 Good Will i.e., Accent's Good Will and Common Stock Total Equity go up and down completely randomly.
Correlation Coefficient | 0.91 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Most indicators from Accent's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Accent Group 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 Accent 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 board of governors.
Selling General Administrative is likely to gain to about 363.9
M in 2024, whereas
Tax Provision is likely to drop slightly above 22
M in 2024.
Accent fundamental ratios Correlations
Click cells to compare fundamentals
Accent Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Accent fundamental ratios Accounts
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Additional Tools for Accent Stock Analysis
When running Accent's price analysis, check to
measure Accent'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 Accent is operating at the current time. Most of Accent's value examination focuses on studying past and present price action to
predict the probability of Accent's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Accent's price. Additionally, you may evaluate how the addition of Accent to your portfolios can decrease your overall portfolio volatility.