APTECHT Stock | | | 184.65 4.11 2.18% |
Aptech financial indicator trend analysis is way more than just evaluating Aptech Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aptech Limited is a good investment. Please check the relationship between Aptech Discontinued Operations and its Other Operating Expenses accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Aptech Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
Discontinued Operations vs Other Operating Expenses
Discontinued Operations vs Other Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Aptech Limited Discontinued Operations account and
Other Operating Expenses. At this time, the significance of the direction appears to have very week relationship.
The correlation between Aptech's Discontinued Operations and Other Operating Expenses is 0.24. Overlapping area represents the amount of variation of Discontinued Operations that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Aptech Limited, assuming nothing else is changed. The correlation between historical values of Aptech's Discontinued Operations and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Discontinued Operations of Aptech Limited are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Discontinued Operations i.e., Aptech's Discontinued Operations and Other Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.24 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Discontinued Operations
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Aptech Limited. It is also known as Aptech overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most indicators from Aptech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aptech Limited 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 Aptech Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
Tax Provision is likely to gain to about 118.9
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 205.7
M in 2024.
Aptech fundamental ratios Correlations
Click cells to compare fundamentals
Aptech Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Aptech fundamental ratios Accounts
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Additional Tools for Aptech Stock Analysis
When running Aptech's price analysis, check to
measure Aptech'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 Aptech is operating at the current time. Most of Aptech's value examination focuses on studying past and present price action to
predict the probability of Aptech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aptech's price. Additionally, you may evaluate how the addition of Aptech to your portfolios can decrease your overall portfolio volatility.