Ackroo financial indicator trend analysis is way more than just evaluating Ackroo Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ackroo Inc is a good investment. Please check the relationship between Ackroo Selling And Marketing Expenses and its Cost Of Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ackroo Inc. 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 And Marketing Expenses vs Cost Of Revenue
Selling And Marketing Expenses vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ackroo Inc Selling And Marketing Expenses account and Cost Of Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Ackroo's Selling And Marketing Expenses and Cost Of Revenue is -0.26. Overlapping area represents the amount of variation of Selling And Marketing Expenses that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Ackroo Inc, assuming nothing else is changed. The correlation between historical values of Ackroo's Selling And Marketing Expenses and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling And Marketing Expenses of Ackroo Inc are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Selling And Marketing Expenses i.e., Ackroo's Selling And Marketing Expenses and Cost Of Revenue go up and down completely randomly.
Cost of Revenue is found on Ackroo Inc income statement and represents the costs associated with goods and services Ackroo provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most indicators from Ackroo's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ackroo Inc 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 Ackroo Inc. 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.
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When running Ackroo's price analysis, check to measure Ackroo'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 Ackroo is operating at the current time. Most of Ackroo's value examination focuses on studying past and present price action to predict the probability of Ackroo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ackroo's price. Additionally, you may evaluate how the addition of Ackroo to your portfolios can decrease your overall portfolio volatility.