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 Common Stock Total Equity and its Non Currrent Assets Other 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.
Common Stock Total Equity vs Non Currrent Assets Other
Common Stock Total Equity vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Excite Technology Common Stock Total Equity account and
Non Currrent Assets Other. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Excite Technology's Common Stock Total Equity and Non Currrent Assets Other is 0.89. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Non Currrent Assets Other 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 Common Stock Total Equity and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of Excite Technology Services are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Common Stock Total Equity i.e., Excite Technology's Common Stock Total Equity and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | 0.89 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
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
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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.