LIDRW Stock | | | USD 0.01 0 9.09% |
AEye financial indicator trend analysis is way more than just evaluating AEye Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AEye Inc is a good investment. Please check the relationship between AEye Depreciation and its Change To Inventory accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in AEye Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
Depreciation vs Change To Inventory
Depreciation vs Change To Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
AEye Inc Depreciation account and
Change To Inventory. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between AEye's Depreciation and Change To Inventory is 0.57. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Change To Inventory in the same time period over historical financial statements of AEye Inc, assuming nothing else is changed. The correlation between historical values of AEye's Depreciation and Change To Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of AEye Inc are associated (or correlated) with its Change To Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Inventory has no effect on the direction of Depreciation i.e., AEye's Depreciation and Change To Inventory go up and down completely randomly.
Correlation Coefficient | 0.57 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Depreciation
Depreciation indicates how much of AEye Inc value has been used up. For tax purposes AEye can deduct the cost of the tangible assets it purchases as business expenses. However, AEye Inc must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Change To Inventory
The increase or decrease in the amount of inventory a company has over a certain period.
Most indicators from AEye's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AEye Inc 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
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in AEye Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
Sales General And Administrative To Revenue is likely to climb to 18.10 in 2024, whereas
Selling General Administrative is likely to drop slightly above 22.3
M in 2024.
AEye fundamental ratios Correlations
Click cells to compare fundamentals
AEye Account Relationship Matchups
High Positive Relationship
High Negative Relationship
AEye fundamental ratios Accounts
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Additional Tools for AEye Stock Analysis
When running AEye's price analysis, check to
measure AEye'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 AEye is operating at the current time. Most of AEye's value examination focuses on studying past and present price action to
predict the probability of AEye's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AEye's price. Additionally, you may evaluate how the addition of AEye to your portfolios can decrease your overall portfolio volatility.