0DNH Stock | | | 0 0.0004 20.00% |
Atos SE financial indicator trend analysis is way more than just evaluating Atos SE prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Atos SE is a good investment. Please check the relationship between Atos SE Net Tangible Assets and its Property Plant Equipment accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Atos SE. 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.
Net Tangible Assets vs Property Plant Equipment
Net Tangible Assets vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Atos SE Net Tangible Assets account and
Property Plant Equipment. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Atos SE's Net Tangible Assets and Property Plant Equipment is 0.98. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Atos SE, assuming nothing else is changed. The correlation between historical values of Atos SE's Net Tangible Assets and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Atos SE are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Net Tangible Assets i.e., Atos SE's Net Tangible Assets and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.98 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Property Plant Equipment
Most indicators from Atos SE's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Atos SE 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 Atos SE. 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.
At this time, Atos SE's
Tax Provision is comparatively stable compared to the past year.
Discontinued Operations is likely to gain to about 3.7
B in 2024, whereas
Selling General Administrative is likely to drop slightly above 5.5
B in 2024.
Atos SE fundamental ratios Correlations
Click cells to compare fundamentals
Atos SE Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Atos SE fundamental ratios Accounts
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Additional Tools for Atos Stock Analysis
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measure Atos SE'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 Atos SE is operating at the current time. Most of Atos SE's value examination focuses on studying past and present price action to
predict the probability of Atos SE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Atos SE's price. Additionally, you may evaluate how the addition of Atos SE to your portfolios can decrease your overall portfolio volatility.