0QWC Stock | | | 7.17 0.19 2.72% |
Ams AG financial indicator trend analysis is way more than just evaluating Ams AG prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ams AG is a good investment. Please check the relationship between Ams AG Common Stock and its Total Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Ams AG. 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.
Common Stock vs Total Assets
Common Stock vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Ams AG Common Stock account and
Total Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Ams AG's Common Stock and Total Assets is 0.48. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Total Assets in the same time period over historical financial statements of Ams AG, assuming nothing else is changed. The correlation between historical values of Ams AG's Common Stock and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Ams AG are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Common Stock i.e., Ams AG's Common Stock and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.48 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Common Stock
Total Assets
Total assets refers to the total amount of Ams AG assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Ams AG books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Ams AG's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ams AG 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 Ams AG. 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, Ams AG's
Tax Provision is comparatively stable compared to the past year.
Selling General Administrative is likely to gain to about 635.1
M in 2024, whereas
Discontinued Operations is likely to drop slightly above 2.4
M in 2024.
Ams AG fundamental ratios Correlations
Click cells to compare fundamentals
Ams AG Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ams AG fundamental ratios Accounts
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Additional Tools for Ams Stock Analysis
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measure Ams AG'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 Ams AG is operating at the current time. Most of Ams AG's value examination focuses on studying past and present price action to
predict the probability of Ams AG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ams AG's price. Additionally, you may evaluate how the addition of Ams AG to your portfolios can decrease your overall portfolio volatility.