AMPGW Stock | | | USD 0.07 0.0002 0.29% |
AmpliTech financial indicator trend analysis is way more than just evaluating AmpliTech Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AmpliTech Group is a good investment. Please check the relationship between AmpliTech Total Current Assets and its Total Revenue accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in AmpliTech Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in price.
Total Current Assets vs Total Revenue
Total Current Assets vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
AmpliTech Group Total Current Assets account and
Total Revenue. At this time, the significance of the direction appears to have very strong relationship.
The correlation between AmpliTech's Total Current Assets and Total Revenue is 0.84. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total Revenue in the same time period over historical financial statements of AmpliTech Group, assuming nothing else is changed. The correlation between historical values of AmpliTech's Total Current Assets and Total 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 Total Current Assets of AmpliTech Group are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Total Current Assets i.e., AmpliTech's Total Current Assets and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.84 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Total Revenue
Total revenue comprises all receipts AmpliTech Group generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from AmpliTech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AmpliTech Group 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 AmpliTech Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in price.
At this time, AmpliTech's
Selling General Administrative is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to climb to 0.54 in 2024, whereas
Issuance Of Capital Stock is likely to drop 0.00 in 2024.
AmpliTech fundamental ratios Correlations
Click cells to compare fundamentals
AmpliTech Account Relationship Matchups
High Positive Relationship
High Negative Relationship
AmpliTech fundamental ratios Accounts
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Additional Tools for AmpliTech Stock Analysis
When running AmpliTech's price analysis, check to
measure AmpliTech'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 AmpliTech is operating at the current time. Most of AmpliTech's value examination focuses on studying past and present price action to
predict the probability of AmpliTech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AmpliTech's price. Additionally, you may evaluate how the addition of AmpliTech to your portfolios can decrease your overall portfolio volatility.