AZ Stock | | | USD 6.43 0.01 0.16% |
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 Cash And Short Term Investments and its Other Assets 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.
Cash And Short Term Investments vs Other Assets
Cash And Short Term Investments vs Other Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
A2Z Smart Technologies Cash And Short Term Investments account and
Other Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between A2Z Smart's Cash And Short Term Investments and Other Assets is -0.87. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Other Assets 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 Cash And Short Term Investments and Other Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of A2Z Smart Technologies are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Cash And Short Term Investments i.e., A2Z Smart's Cash And Short Term Investments and Other Assets go up and down completely randomly.
Correlation Coefficient | -0.87 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of A2Z Smart Technologies balance sheet. This account contains A2Z Smart investments that will expire within one year. These investments include stocks and bonds that can be liquidated by A2Z Smart Technologies fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Other Assets
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 13.6
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
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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.