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 Investments and its Change To Inventory 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.
Investments vs Change To Inventory
Investments vs Change To Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Eagle Eye Solutions Investments account and
Change To Inventory. At this time, the significance of the direction appears to have no relationship.
The correlation between Eagle Eye's Investments and Change To Inventory is 0.04. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Change To Inventory 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 Investments and Change To 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 Investments of Eagle Eye Solutions are associated (or correlated) with its Change To Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Inventory has no effect on the direction of Investments i.e., Eagle Eye's Investments and Change To Inventory go up and down completely randomly.
Correlation Coefficient | 0.04 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Investments
Securities or assets acquired for generating income or appreciating in value, not used in daily operations.
Change To Inventory
The increase or decrease in the amount of inventory a company has over a certain period.
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.