Excite Technology financial indicator trend analysis is much more than just examining Excite Technology latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Excite Technology is a good investment. Please check the relationship between Excite Technology Cash And Short Term Investments and its Common Stock Shares Outstanding accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Excite Technology Services. 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.
Cash And Short Term Investments vs Common Stock Shares Outstanding
Cash And Short Term Investments vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Excite Technology Cash And Short Term Investments account and
Common Stock Shares Outstanding. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Excite Technology's Cash And Short Term Investments and Common Stock Shares Outstanding is -0.4. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Excite Technology Services, assuming nothing else is changed. The correlation between historical values of Excite Technology's Cash And Short Term Investments and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Excite Technology Services are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Cash And Short Term Investments i.e., Excite Technology's Cash And Short Term Investments and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | -0.4 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Excite Technology balance sheet. This account contains Excite Technology investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Excite Technology Services fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Excite Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Excite 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
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Excite Technology Services. 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.
Discontinued Operations is likely to gain to about 2.1
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 4.4
M in 2024.
Excite Technology fundamental ratios Correlations
Click cells to compare fundamentals
Excite Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Excite Technology fundamental ratios Accounts
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Additional Tools for Excite Stock Analysis
When running Excite Technology's price analysis, check to
measure Excite Technology'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 Excite Technology is operating at the current time. Most of Excite Technology's value examination focuses on studying past and present price action to
predict the probability of Excite Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Excite Technology's price. Additionally, you may evaluate how the addition of Excite Technology to your portfolios can decrease your overall portfolio volatility.