0A4G Stock | | | 0.46 0.04 9.52% |
Qurate Retail financial indicator trend analysis is much more than just breaking down Qurate Retail Series prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Qurate Retail Series is a good investment. Please check the relationship between Qurate Retail Capital Expenditures and its Depreciation accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Qurate Retail Series. 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.
Capital Expenditures vs Depreciation
Capital Expenditures vs Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Qurate Retail Series Capital Expenditures account and
Depreciation. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Qurate Retail's Capital Expenditures and Depreciation is -0.67. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Depreciation in the same time period over historical financial statements of Qurate Retail Series, assuming nothing else is changed. The correlation between historical values of Qurate Retail's Capital Expenditures and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Qurate Retail Series are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Capital Expenditures i.e., Qurate Retail's Capital Expenditures and Depreciation go up and down completely randomly.
Correlation Coefficient | -0.67 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Capital Expenditures
Capital Expenditures are funds used by Qurate Retail Series to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Qurate Retail operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Depreciation
Depreciation indicates how much of Qurate Retail Series value has been used up. For tax purposes Qurate Retail can deduct the cost of the tangible assets it purchases as business expenses. However, Qurate Retail Series 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.
Most indicators from Qurate Retail's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Qurate Retail Series 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 Qurate Retail Series. 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.
Discontinued Operations is likely to gain to about 237.2
M in 2024
Qurate Retail fundamental ratios Correlations
Click cells to compare fundamentals
Qurate Retail Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Qurate Retail 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 Qurate Stock Analysis
When running Qurate Retail's price analysis, check to
measure Qurate Retail'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 Qurate Retail is operating at the current time. Most of Qurate Retail's value examination focuses on studying past and present price action to
predict the probability of Qurate Retail's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Qurate Retail's price. Additionally, you may evaluate how the addition of Qurate Retail to your portfolios can decrease your overall portfolio volatility.