LNT Stock | | | USD 63.59 0.25 0.39% |
Alliant Energy financial indicator trend analysis is way more than just evaluating Alliant Energy Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alliant Energy Corp is a good investment. Please check the relationship between Alliant Energy Discontinued Operations and its Net Income From Continuing Ops accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Alliant Energy Corp. 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.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Alliant Energy Corp Discontinued Operations account and
Net Income From Continuing Ops. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Alliant Energy's Discontinued Operations and Net Income From Continuing Ops is 0.83. Overlapping area represents the amount of variation of Discontinued Operations that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Alliant Energy Corp, assuming nothing else is changed. The correlation between historical values of Alliant Energy's Discontinued Operations and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Discontinued Operations of Alliant Energy Corp are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Discontinued Operations i.e., Alliant Energy's Discontinued Operations and Net Income From Continuing Ops go up and down completely randomly.
Correlation Coefficient | 0.83 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Most indicators from Alliant Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alliant Energy Corp 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 Alliant Energy Corp. 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 1.7
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 538.7
M in 2024.
When running Alliant Energy's price analysis, check to
measure Alliant Energy'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 Alliant Energy is operating at the current time. Most of Alliant Energy's value examination focuses on studying past and present price action to
predict the probability of Alliant Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alliant Energy's price. Additionally, you may evaluate how the addition of Alliant Energy to your portfolios can decrease your overall portfolio volatility.