ALV Stock | | | USD 99.21 1.36 1.39% |
Autoliv financial indicator trend analysis is way more than just evaluating Autoliv prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Autoliv is a good investment. Please check the relationship between Autoliv Total Other Income Expense Net and its Non Recurring accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Autoliv. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
For more information on how to buy Autoliv Stock please use our
How to Invest in Autoliv guide.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Autoliv Total Other Income Expense Net account and
Non Recurring. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Autoliv's Total Other Income Expense Net and Non Recurring is -0.03. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Non Recurring in the same time period over historical financial statements of Autoliv, assuming nothing else is changed. The correlation between historical values of Autoliv's Total Other Income Expense Net and Non Recurring is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Other Income Expense Net of Autoliv are associated (or correlated) with its Non Recurring. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Recurring has no effect on the direction of Total Other Income Expense Net i.e., Autoliv's Total Other Income Expense Net and Non Recurring go up and down completely randomly.
Correlation Coefficient | -0.03 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Most indicators from Autoliv's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Autoliv 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 Autoliv. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
For more information on how to buy Autoliv Stock please use our
How to Invest in Autoliv guide.At this time, Autoliv's
Tax Provision is fairly stable compared to the past year.
Enterprise Value Over EBITDA is likely to climb to 10.57 in 2024, despite the fact that
Discontinued Operations is likely to grow to (165.7
M).
When running Autoliv's price analysis, check to
measure Autoliv'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 Autoliv is operating at the current time. Most of Autoliv's value examination focuses on studying past and present price action to
predict the probability of Autoliv's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Autoliv's price. Additionally, you may evaluate how the addition of Autoliv to your portfolios can decrease your overall portfolio volatility.