0R3C Stock | | | 299.68 5.49 1.87% |
American Express financial indicator trend analysis is way more than just evaluating American Express prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether American Express is a good investment. Please check the relationship between American Express Other Current Liab and its Net Receivables accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in American Express Co. 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.
For more information on how to buy American Stock please use our
How to Invest in American Express guide.
Other Current Liab vs Net Receivables
Other Current Liab vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
American Express Other Current Liab account and
Net Receivables. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between American Express' Other Current Liab and Net Receivables is -0.12. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Net Receivables in the same time period over historical financial statements of American Express Co, assuming nothing else is changed. The correlation between historical values of American Express' Other Current Liab and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of American Express Co are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Other Current Liab i.e., American Express' Other Current Liab and Net Receivables go up and down completely randomly.
Correlation Coefficient | -0.12 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Other Current Liab
Net Receivables
Most indicators from American Express' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into American Express 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 American Express Co. 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.
For more information on how to buy American Stock please use our
How to Invest in American Express guide.
Selling General Administrative is likely to drop to about 5.9
B in 2024.
Tax Provision is likely to drop to about 2
B in 2024
American Express fundamental ratios Correlations
Click cells to compare fundamentals
American Express Account Relationship Matchups
High Positive Relationship
High Negative Relationship
American Express fundamental ratios Accounts
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Additional Tools for American Stock Analysis
When running American Express' price analysis, check to
measure American Express' 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 American Express is operating at the current time. Most of American Express' value examination focuses on studying past and present price action to
predict the probability of American Express' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American Express' price. Additionally, you may evaluate how the addition of American Express to your portfolios can decrease your overall portfolio volatility.