AKO-A Stock | | | USD 13.08 0.05 0.38% |
Embotelladora Andina financial indicator trend analysis is much more than just examining Embotelladora Andina latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Embotelladora Andina is a good investment. Please check the relationship between Embotelladora Andina Other Current Liab and its Short Term Debt accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Embotelladora Andina SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Embotelladora Andina Other Current Liab account and
Short Term Debt. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Embotelladora Andina's Other Current Liab and Short Term Debt is -0.08. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Embotelladora Andina SA, assuming nothing else is changed. The correlation between historical values of Embotelladora Andina's Other Current Liab and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Embotelladora Andina SA are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Other Current Liab i.e., Embotelladora Andina's Other Current Liab and Short Term Debt go up and down completely randomly.
Correlation Coefficient | -0.08 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Most indicators from Embotelladora Andina's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Embotelladora Andina 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 Embotelladora Andina SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
At present, Embotelladora Andina's
Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's
Enterprise Value Over EBITDA is expected to grow to 8.79, whereas
Selling General Administrative is forecasted to decline to about 338.7
B.
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.
Balance Sheet is a snapshot of the
financial position of Embotelladora Andina at a specified time, usually calculated after every quarter, six months, or one year. Embotelladora Andina Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Embotelladora Andina 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 Embotelladora currently owns. An asset can also be divided into two categories, current and non-current.