AAT Stock | | | USD 27.82 0.10 0.36% |
American Assets financial indicator trend analysis is way more than just evaluating American Assets Trust prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether American Assets Trust is a good investment. Please check the relationship between American Assets Income Tax Expense and its Non Operating Income Net Other accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in American Assets Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
American Assets Trust Income Tax Expense account and
Non Operating Income Net Other. At this time, the significance of the direction appears to have very strong relationship.
The correlation between American Assets' Income Tax Expense and Non Operating Income Net Other is 0.89. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Non Operating Income Net Other in the same time period over historical financial statements of American Assets Trust, assuming nothing else is changed. The correlation between historical values of American Assets' Income Tax Expense and Non Operating Income Net Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Tax Expense of American Assets Trust are associated (or correlated) with its Non Operating Income Net Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Operating Income Net Other has no effect on the direction of Income Tax Expense i.e., American Assets' Income Tax Expense and Non Operating Income Net Other go up and down completely randomly.
Correlation Coefficient | 0.89 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Most indicators from American Assets' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into American Assets Trust 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 Assets Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
At this time, American Assets'
Enterprise Value Over EBITDA is comparatively stable compared to the past year.
Enterprise Value Multiple is likely to gain to 18.37 in 2024, whereas
Selling General Administrative is likely to drop slightly above 21.5
M in 2024.
When running American Assets' price analysis, check to
measure American Assets' 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 Assets is operating at the current time. Most of American Assets' value examination focuses on studying past and present price action to
predict the probability of American Assets' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American Assets' price. Additionally, you may evaluate how the addition of American Assets to your portfolios can decrease your overall portfolio volatility.