AEP Stock | | | CAD 1.16 0.01 0.85% |
Atlas Engineered financial indicator trend analysis is way more than just evaluating Atlas Engineered Products prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Atlas Engineered Products is a good investment. Please check the relationship between Atlas Engineered Capex To Revenue and its Pb Ratio accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Atlas Engineered Products. 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.
Capex To Revenue vs Pb Ratio
Capex To Revenue vs Pb Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Atlas Engineered Products Capex To Revenue account and
Pb Ratio. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Atlas Engineered's Capex To Revenue and Pb Ratio is -0.16. Overlapping area represents the amount of variation of Capex To Revenue that can explain the historical movement of Pb Ratio in the same time period over historical financial statements of Atlas Engineered Products, assuming nothing else is changed. The correlation between historical values of Atlas Engineered's Capex To Revenue and Pb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Revenue of Atlas Engineered Products are associated (or correlated) with its Pb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pb Ratio has no effect on the direction of Capex To Revenue i.e., Atlas Engineered's Capex To Revenue and Pb Ratio go up and down completely randomly.
Correlation Coefficient | -0.16 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Capex To Revenue
The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.
Pb Ratio
Most indicators from Atlas Engineered's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Atlas Engineered Products 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 Atlas Engineered Products. 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, Atlas Engineered's
Selling General Administrative is fairly stable compared to the past year.
Tax Provision is likely to climb to about 3.8
M in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.06 in 2024.
Atlas Engineered fundamental ratios Correlations
Click cells to compare fundamentals
Atlas Engineered Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Atlas Engineered fundamental ratios Accounts
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