0O76 Stock | | | 10,980 70.00 0.63% |
AP Moeller financial indicator trend analysis is way more than just evaluating AP Moeller Maersk prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AP Moeller Maersk is a good investment. Please check the relationship between AP Moeller Discontinued Operations and its Extraordinary Items accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in AP Moeller Maersk AS. 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 vs Extraordinary Items
Discontinued Operations vs Extraordinary Items Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
AP Moeller Maersk Discontinued Operations account and
Extraordinary Items. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between AP Moeller's Discontinued Operations and Extraordinary Items is -0.09. Overlapping area represents the amount of variation of Discontinued Operations that can explain the historical movement of Extraordinary Items in the same time period over historical financial statements of AP Moeller Maersk AS, assuming nothing else is changed. The correlation between historical values of AP Moeller's Discontinued Operations and Extraordinary Items 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 AP Moeller Maersk AS are associated (or correlated) with its Extraordinary Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Extraordinary Items has no effect on the direction of Discontinued Operations i.e., AP Moeller's Discontinued Operations and Extraordinary Items go up and down completely randomly.
Correlation Coefficient | -0.09 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Discontinued Operations
Extraordinary Items
Most indicators from AP Moeller's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AP Moeller Maersk 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 AP Moeller Maersk AS. 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 1.5
B in 2024, whereas
Tax Provision is likely to drop slightly above 363.7
M in 2024.
AP Moeller fundamental ratios Correlations
Click cells to compare fundamentals
AP Moeller Account Relationship Matchups
High Positive Relationship
High Negative Relationship
AP Moeller fundamental ratios Accounts
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