| AUUDW Stock | | | USD 0.02 0.0009 3.75% |
Auddia financial indicator trend analysis is way more than just evaluating Auddia Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Auddia Inc is a good investment. Please check the relationship between Auddia Capital Stock and its Total Stockholder Equity accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Auddia 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 unemployment.
Capital Stock vs Total Stockholder Equity
Capital Stock vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Auddia Inc Capital Stock account and
Total Stockholder Equity. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Auddia's Capital Stock and Total Stockholder Equity is -0.68. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Auddia Inc, assuming nothing else is changed. The correlation between historical values of Auddia's Capital Stock and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of Auddia Inc are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Capital Stock i.e., Auddia's Capital Stock and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | -0.68 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Capital Stock
The total amount of a company's capital funded by shareholders through the issue and subscription of shares.
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Auddia's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Auddia 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 Auddia 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 unemployment.
At this time, Auddia's
Issuance Of Capital Stock is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to climb to 14.18 in 2024, whereas
Selling General Administrative is likely to drop slightly above 2.7
M in 2024.
Auddia fundamental ratios Correlations
Click cells to compare fundamentals
Auddia Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Auddia fundamental ratios Accounts
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Additional Tools for Auddia Stock Analysis
When running Auddia's price analysis, check to
measure Auddia'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 Auddia is operating at the current time. Most of Auddia's value examination focuses on studying past and present price action to
predict the probability of Auddia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Auddia's price. Additionally, you may evaluate how the addition of Auddia to your portfolios can decrease your overall portfolio volatility.