ADNWW Stock | | | USD 0.01 0.0004 4.40% |
Advent Technologies financial indicator trend analysis is way more than just evaluating Advent Technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Advent Technologies is a good investment. Please check the relationship between Advent Technologies Other Stockholder Equity and its Cash And Short Term Investments accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Advent Technologies Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in housing.
Other Stockholder Equity vs Cash And Short Term Investments
Other Stockholder Equity vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Advent Technologies Other Stockholder Equity account and
Cash And Short Term Investments. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Advent Technologies' Other Stockholder Equity and Cash And Short Term Investments is 0.82. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Advent Technologies Holdings, assuming nothing else is changed. The correlation between historical values of Advent Technologies' Other Stockholder Equity and Cash And Short Term Investments 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 Stockholder Equity of Advent Technologies Holdings are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Other Stockholder Equity i.e., Advent Technologies' Other Stockholder Equity and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.82 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Other Stockholder Equity
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Advent Technologies balance sheet. This account contains Advent Technologies investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Advent Technologies Holdings fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from Advent Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Advent Technologies 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 Advent Technologies Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in housing.
At this time, Advent Technologies'
Tax Provision is fairly stable compared to the past year.
Issuance Of Capital Stock is likely to climb to about 9.5
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 24.6
M in 2024.
Advent Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Advent Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Advent Technologies fundamental ratios Accounts
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Additional Tools for Advent Stock Analysis
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measure Advent Technologies' 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 Advent Technologies is operating at the current time. Most of Advent Technologies' value examination focuses on studying past and present price action to
predict the probability of Advent Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Advent Technologies' price. Additionally, you may evaluate how the addition of Advent Technologies to your portfolios can decrease your overall portfolio volatility.