EYE Stock | | | 485.00 5.00 1.04% |
Eagle Eye financial indicator trend analysis is much more than just examining Eagle Eye Solutions latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eagle Eye Solutions is a good investment. Please check the relationship between Eagle Eye Depreciation and its Begin Period Cash Flow accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eagle Eye Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Depreciation vs Begin Period Cash Flow
Depreciation vs Begin Period Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Eagle Eye Solutions Depreciation account and
Begin Period Cash Flow. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Eagle Eye's Depreciation and Begin Period Cash Flow is 0.89. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Begin Period Cash Flow in the same time period over historical financial statements of Eagle Eye Solutions, assuming nothing else is changed. The correlation between historical values of Eagle Eye's Depreciation and Begin Period Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Eagle Eye Solutions are associated (or correlated) with its Begin Period Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Begin Period Cash Flow has no effect on the direction of Depreciation i.e., Eagle Eye's Depreciation and Begin Period Cash Flow go up and down completely randomly.
Correlation Coefficient | 0.89 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Depreciation
Depreciation indicates how much of Eagle Eye Solutions value has been used up. For tax purposes Eagle Eye can deduct the cost of the tangible assets it purchases as business expenses. However, Eagle Eye Solutions must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.
Most indicators from Eagle Eye's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eagle Eye Solutions 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
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eagle Eye Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
The current year's
Issuance Of Capital Stock is expected to grow to about 8.6
M, whereas
Selling General Administrative is forecasted to decline to about 958.1
K.
Eagle Eye fundamental ratios Correlations
Click cells to compare fundamentals
Eagle Eye Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Eagle Eye fundamental ratios Accounts
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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.
Other Information on Investing in Eagle Stock
Balance Sheet is a snapshot of the
financial position of Eagle Eye Solutions at a specified time, usually calculated after every quarter, six months, or one year. Eagle Eye Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Eagle Eye and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Eagle currently owns. An asset can also be divided into two categories, current and non-current.