ANNX Stock | | | USD 4.88 0.18 3.56% |
Annexon financial indicator trend analysis is way more than just evaluating Annexon prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Annexon is a good investment. Please check the relationship between Annexon Net Income and its Capital Expenditures accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Annexon. 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 Annexon Stock please use our
How to Invest in Annexon guide.
Net Income vs Capital Expenditures
Net Income vs Capital Expenditures Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Annexon Net Income account and
Capital Expenditures. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Annexon's Net Income and Capital Expenditures is -0.49. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of Annexon, assuming nothing else is changed. The correlation between historical values of Annexon's Net Income and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Annexon are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Net Income i.e., Annexon's Net Income and Capital Expenditures go up and down completely randomly.
Correlation Coefficient | -0.49 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Annexon financial statement analysis. It represents the amount of money remaining after all of Annexon operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Capital Expenditures
Capital Expenditures are funds used by Annexon to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Annexon operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Most indicators from Annexon's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Annexon 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 Annexon. 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 Annexon Stock please use our
How to Invest in Annexon guide.
Tax Provision is likely to drop to -6,038 in 2024.
Selling General Administrative is likely to drop to about 19.2
M in 2024
Annexon fundamental ratios Correlations
Click cells to compare fundamentals
Annexon Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Annexon fundamental ratios Accounts
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Additional Tools for Annexon Stock Analysis
When running Annexon's price analysis, check to
measure Annexon'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 Annexon is operating at the current time. Most of Annexon's value examination focuses on studying past and present price action to
predict the probability of Annexon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Annexon's price. Additionally, you may evaluate how the addition of Annexon to your portfolios can decrease your overall portfolio volatility.