AMTX Stock | | | USD 3.01 0.04 1.31% |
Aemetis financial indicator trend analysis is way more than just evaluating Aemetis prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aemetis is a good investment. Please check the relationship between Aemetis Ptb Ratio and its Average Inventory accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Aemetis. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
For more information on how to buy Aemetis Stock please use our
How to Invest in Aemetis guide.
Ptb Ratio vs Average Inventory
Ptb Ratio vs Average Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Aemetis Ptb Ratio account and
Average Inventory. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Aemetis' Ptb Ratio and Average Inventory is 0.81. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Average Inventory in the same time period over historical financial statements of Aemetis, assuming nothing else is changed. The correlation between historical values of Aemetis' Ptb Ratio and Average Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of Aemetis are associated (or correlated) with its Average Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Average Inventory has no effect on the direction of Ptb Ratio i.e., Aemetis' Ptb Ratio and Average Inventory go up and down completely randomly.
Correlation Coefficient | 0.81 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.
Average Inventory
The average amount of inventory a company holds over a certain period, which is used to calculate inventory turnover and efficiency in managing stock levels.
Most indicators from Aemetis' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aemetis 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 Aemetis. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
For more information on how to buy Aemetis Stock please use our
How to Invest in Aemetis guide.At this time, Aemetis'
Issuance Of Capital Stock is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to rise to 0.21 in 2024, whereas
Selling General Administrative is likely to drop slightly above 35.9
M in 2024.
Aemetis fundamental ratios Correlations
Click cells to compare fundamentals
Aemetis Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Aemetis fundamental ratios Accounts
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Additional Tools for Aemetis Stock Analysis
When running Aemetis' price analysis, check to
measure Aemetis' 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 Aemetis is operating at the current time. Most of Aemetis' value examination focuses on studying past and present price action to
predict the probability of Aemetis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aemetis' price. Additionally, you may evaluate how the addition of Aemetis to your portfolios can decrease your overall portfolio volatility.