REKR Stock | | | USD 1.23 0.01 0.81% |
Rekor Systems financial indicator trend analysis is much more than just breaking down Rekor Systems prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rekor Systems is a good investment. Please check the relationship between Rekor Systems Property Plant And Equipment Gross and its Other Stockholder Equity accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rekor Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in industry.
To learn how to invest in Rekor Stock, please use our
How to Invest in Rekor Systems guide.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Rekor Systems Property Plant And Equipment Gross account and
Other Stockholder Equity. At this time, the significance of the direction appears to have totally related.
The correlation between Rekor Systems' Property Plant And Equipment Gross and Other Stockholder Equity is 0.99. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Rekor Systems, assuming nothing else is changed. The correlation between historical values of Rekor Systems' Property Plant And Equipment Gross and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Gross of Rekor Systems are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Property Plant And Equipment Gross i.e., Rekor Systems' Property Plant And Equipment Gross and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Most indicators from Rekor Systems' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rekor Systems 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
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rekor Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in industry.
To learn how to invest in Rekor Stock, please use our
How to Invest in Rekor Systems guide.As of 03/02/2025,
Discontinued Operations is likely to grow to about 409.3
K, while
Selling General Administrative is likely to drop slightly above 16.3
M.
When running Rekor Systems' price analysis, check to
measure Rekor Systems' 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 Rekor Systems is operating at the current time. Most of Rekor Systems' value examination focuses on studying past and present price action to
predict the probability of Rekor Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rekor Systems' price. Additionally, you may evaluate how the addition of Rekor Systems to your portfolios can decrease your overall portfolio volatility.