AES Stock | | | USD 13.04 0.05 0.38% |
AES financial indicator trend analysis is way more than just evaluating AES prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AES is a good investment. Please check the relationship between AES Inventory and its Non Current Assets Total accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in The AES. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
Inventory vs Non Current Assets Total
Inventory vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
AES Inventory account and
Non Current Assets Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between AES's Inventory and Non Current Assets Total is 0.82. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of The AES, assuming nothing else is changed. The correlation between historical values of AES's Inventory and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of The AES are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Inventory i.e., AES's Inventory and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | 0.82 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Inventory
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from AES's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AES 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 The AES. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
Discontinued Operations is likely to gain to about 3.8
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 208.9
M in 2024.
AES fundamental ratios Correlations
Click cells to compare fundamentals
AES Account Relationship Matchups
High Positive Relationship
High Negative Relationship
AES fundamental ratios Accounts
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Additional Tools for AES Stock Analysis
When running AES's price analysis, check to
measure AES'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 is operating at the current time. Most of AES's value examination focuses on studying past and present price action to
predict the probability of AES'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's price. Additionally, you may evaluate how the addition of AES to your portfolios can decrease your overall portfolio volatility.