0H6G Stock | | | 12.90 0.47 3.78% |
AES Corp financial indicator trend analysis is way more than just evaluating AES Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AES Corp is a good investment. Please check the relationship between AES Corp Ebitda and its Income Tax Expense accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in AES Corp. 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.
Ebitda vs Income Tax Expense
Ebitda vs Income Tax Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
AES Corp Ebitda account and
Income Tax Expense. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between AES Corp's Ebitda and Income Tax Expense is -0.1. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of AES Corp, assuming nothing else is changed. The correlation between historical values of AES Corp's Ebitda and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebitda of AES Corp are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Ebitda i.e., AES Corp's Ebitda and Income Tax Expense go up and down completely randomly.
Correlation Coefficient | -0.1 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Ebitda
Income Tax Expense
Most indicators from AES Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AES Corp 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 AES Corp. 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, AES Corp's
Tax Provision is comparatively stable compared to the past year.
Discontinued Operations is likely to gain to about 4.8
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 164.5
M in 2024.
AES Corp fundamental ratios Correlations
Click cells to compare fundamentals
AES Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
AES Corp fundamental ratios Accounts
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Additional Tools for AES Stock Analysis
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measure AES Corp'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 AES Corp is operating at the current time. Most of AES Corp's value examination focuses on studying past and present price action to
predict the probability of AES Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AES Corp's price. Additionally, you may evaluate how the addition of AES Corp to your portfolios can decrease your overall portfolio volatility.