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 Depreciation and its Net Income 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.
Depreciation vs Net Income
Depreciation vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Ams AG Depreciation account and
Net Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Ams AG's Depreciation and Net Income is -0.38. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Net Income 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 Depreciation and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Ams AG are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Depreciation i.e., Ams AG's Depreciation and Net Income go up and down completely randomly.
Correlation Coefficient | -0.38 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Depreciation
Depreciation indicates how much of Ams AG value has been used up. For tax purposes Ams AG can deduct the cost of the tangible assets it purchases as business expenses. However, Ams AG 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.
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Ams AG financial statement analysis. It represents the amount of money remaining after all of Ams AG operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
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.