0HF7 Stock | | | 183.87 1.44 0.79% |
Ametek financial indicator trend analysis is way more than just evaluating Ametek Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ametek Inc is a good investment. Please check the relationship between Ametek Dividends Paid and its Depreciation accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Ametek 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 board of governors.
Dividends Paid vs Depreciation
Dividends Paid vs Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Ametek Inc Dividends Paid account and
Depreciation. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Ametek's Dividends Paid and Depreciation is 0.11. Overlapping area represents the amount of variation of Dividends Paid that can explain the historical movement of Depreciation in the same time period over historical financial statements of Ametek Inc, assuming nothing else is changed. The correlation between historical values of Ametek's Dividends Paid and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividends Paid of Ametek Inc are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Dividends Paid i.e., Ametek's Dividends Paid and Depreciation go up and down completely randomly.
Correlation Coefficient | 0.11 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.
Depreciation
Depreciation indicates how much of Ametek Inc value has been used up. For tax purposes Ametek can deduct the cost of the tangible assets it purchases as business expenses. However, Ametek 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.
Most indicators from Ametek's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ametek 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in Ametek 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 board of governors.
Selling General Administrative is likely to gain to about 729.3
M in 2024, whereas
Tax Provision is likely to drop slightly above 237.6
M in 2024.
Ametek fundamental ratios Correlations
Click cells to compare fundamentals
Ametek Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ametek 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 Ametek Stock Analysis
When running Ametek's price analysis, check to
measure Ametek'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 Ametek is operating at the current time. Most of Ametek's value examination focuses on studying past and present price action to
predict the probability of Ametek's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ametek's price. Additionally, you may evaluate how the addition of Ametek to your portfolios can decrease your overall portfolio volatility.