AORT Stock | | | USD 29.52 0.47 1.62% |
Artivion financial indicator trend analysis is way more than just evaluating Artivion prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Artivion is a good investment. Please check the relationship between Artivion Net Income and its Net Income Per Share accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Artivion. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
For more information on how to buy Artivion Stock please use our
How to Invest in Artivion guide.
Net Income vs Net Income Per Share
Net Income vs Net Income Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Artivion Net Income account and
Net Income Per Share. At this time, the significance of the direction appears to have totally related.
The correlation between Artivion's Net Income and Net Income Per Share is 0.99. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Net Income Per Share in the same time period over historical financial statements of Artivion, assuming nothing else is changed. The correlation between historical values of Artivion's Net Income and Net Income Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Artivion are associated (or correlated) with its Net Income Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income Per Share has no effect on the direction of Net Income i.e., Artivion's Net Income and Net Income Per Share go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Artivion financial statement analysis. It represents the amount of money remaining after all of Artivion operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Net Income Per Share
Most indicators from Artivion's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Artivion 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 Artivion. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
For more information on how to buy Artivion Stock please use our
How to Invest in Artivion guide.At this time, Artivion's
Selling General Administrative is comparatively stable compared to the past year.
Tax Provision is likely to gain to about 7.2
M in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.42 in 2024.
Artivion fundamental ratios Correlations
Click cells to compare fundamentals
Artivion Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Artivion fundamental ratios Accounts
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for Artivion Stock Analysis
When running Artivion's price analysis, check to
measure Artivion'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 Artivion is operating at the current time. Most of Artivion's value examination focuses on studying past and present price action to
predict the probability of Artivion's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Artivion's price. Additionally, you may evaluate how the addition of Artivion to your portfolios can decrease your overall portfolio volatility.