AZ Stock | | | USD 6.69 0.23 3.32% |
A2Z Smart financial indicator trend analysis is way more than just evaluating A2Z Smart Technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether A2Z Smart Technologies is a good investment. Please check the relationship between A2Z Smart Current Deferred Revenue and its Net Invested Capital accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in A2Z Smart Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
Current Deferred Revenue vs Net Invested Capital
Current Deferred Revenue vs Net Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
A2Z Smart Technologies Current Deferred Revenue account and
Net Invested Capital. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between A2Z Smart's Current Deferred Revenue and Net Invested Capital is -0.24. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of A2Z Smart Technologies, assuming nothing else is changed. The correlation between historical values of A2Z Smart's Current Deferred Revenue and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of A2Z Smart Technologies are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Current Deferred Revenue i.e., A2Z Smart's Current Deferred Revenue and Net Invested Capital go up and down completely randomly.
Correlation Coefficient | -0.24 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
Most indicators from A2Z Smart's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into A2Z Smart Technologies 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 A2Z Smart Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
Selling General Administrative is likely to rise to about 13.9
M in 2024, whereas
Tax Provision is likely to drop 0.00 in 2024.
A2Z Smart fundamental ratios Correlations
Click cells to compare fundamentals
A2Z Smart Account Relationship Matchups
High Positive Relationship
High Negative Relationship
A2Z Smart fundamental ratios Accounts
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Additional Tools for A2Z Stock Analysis
When running A2Z Smart's price analysis, check to
measure A2Z Smart'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 A2Z Smart is operating at the current time. Most of A2Z Smart's value examination focuses on studying past and present price action to
predict the probability of A2Z Smart's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move A2Z Smart's price. Additionally, you may evaluate how the addition of A2Z Smart to your portfolios can decrease your overall portfolio volatility.