0H6G Stock | | | 12.90 0.47 3.78% |
AES Corp financial indicator trend analysis is way more than just evaluating AES Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AES Corp is a good investment. Please check the relationship between AES Corp Good Will and its Cash And Short Term Investments accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in AES 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.
Good Will vs Cash And Short Term Investments
Good Will vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
AES Corp Good Will account and
Cash And Short Term Investments. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between AES Corp's Good Will and Cash And Short Term Investments is 0.54. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of AES Corp, assuming nothing else is changed. The correlation between historical values of AES Corp's Good Will and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of AES Corp are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Good Will i.e., AES Corp's Good Will and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.54 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of AES Corp balance sheet. This account contains AES Corp investments that will expire within one year. These investments include stocks and bonds that can be liquidated by AES Corp 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.
Most indicators from AES Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AES 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in AES 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.
At this time, AES Corp's
Tax Provision is comparatively stable compared to the past year.
Discontinued Operations is likely to gain to about 4.8
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 164.5
M in 2024.
AES Corp fundamental ratios Correlations
Click cells to compare fundamentals
AES Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
AES Corp fundamental ratios Accounts
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Additional Tools for AES Stock Analysis
When running AES Corp's price analysis, check to
measure AES Corp'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 AES Corp is operating at the current time. Most of AES Corp's value examination focuses on studying past and present price action to
predict the probability of AES Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AES Corp's price. Additionally, you may evaluate how the addition of AES Corp to your portfolios can decrease your overall portfolio volatility.