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 Pfcf Ratio and its Cash Per Share 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.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Atlas Engineered Products Pfcf Ratio account and
Cash Per Share. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Atlas Engineered's Pfcf Ratio and Cash Per Share is -0.09. Overlapping area represents the amount of variation of Pfcf Ratio that can explain the historical movement of Cash Per Share 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 Pfcf Ratio and Cash Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pfcf Ratio of Atlas Engineered Products are associated (or correlated) with its Cash Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash Per Share has no effect on the direction of Pfcf Ratio i.e., Atlas Engineered's Pfcf Ratio and Cash Per Share go up and down completely randomly.
Correlation Coefficient | -0.09 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
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.
When running Atlas Engineered's price analysis, check to
measure Atlas Engineered'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 Atlas Engineered is operating at the current time. Most of Atlas Engineered's value examination focuses on studying past and present price action to
predict the probability of Atlas Engineered's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Atlas Engineered's price. Additionally, you may evaluate how the addition of Atlas Engineered to your portfolios can decrease your overall portfolio volatility.