0HEJ Stock | | | 37.18 0.70 1.85% |
American Homes financial indicator trend analysis is way more than just evaluating American Homes 4 prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether American Homes 4 is a good investment. Please check the relationship between American Homes Other Current Assets and its Cash And Short Term Investments accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in American Homes 4. 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.
Other Current Assets vs Cash And Short Term Investments
Other Current Assets vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
American Homes 4 Other Current Assets account and
Cash And Short Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between American Homes' Other Current Assets and Cash And Short Term Investments is -0.5. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of American Homes 4, assuming nothing else is changed. The correlation between historical values of American Homes' Other Current Assets and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of American Homes 4 are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Other Current Assets i.e., American Homes' Other Current Assets and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | -0.5 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of American Homes 4 balance sheet. This account contains American Homes investments that will expire within one year. These investments include stocks and bonds that can be liquidated by American Homes 4 fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from American Homes' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into American Homes 4 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 American Homes 4. 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.
Selling General Administrative is likely to drop to about 41.2
M in 2024
American Homes fundamental ratios Correlations
Click cells to compare fundamentals
American Homes Account Relationship Matchups
High Positive Relationship
High Negative Relationship
American Homes 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 American Stock Analysis
When running American Homes' price analysis, check to
measure American Homes' 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 American Homes is operating at the current time. Most of American Homes' value examination focuses on studying past and present price action to
predict the probability of American Homes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American Homes' price. Additionally, you may evaluate how the addition of American Homes to your portfolios can decrease your overall portfolio volatility.