| 0FQ8 Stock | | | 0.04 0.0002 0.49% |
Pharol SGPS financial indicator trend analysis is much more than just breaking down Pharol SGPS SA prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pharol SGPS SA is a good investment. Please check the relationship between Pharol SGPS Common Stock Shares Outstanding and its Cash accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Pharol SGPS 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.
Common Stock Shares Outstanding vs Cash
Common Stock Shares Outstanding vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Pharol SGPS SA Common Stock Shares Outstanding account and
Cash. At this time, the significance of the direction appears to have weak relationship.
The correlation between Pharol SGPS's Common Stock Shares Outstanding and Cash is 0.33. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Cash in the same time period over historical financial statements of Pharol SGPS SA, assuming nothing else is changed. The correlation between historical values of Pharol SGPS's Common Stock Shares Outstanding and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Pharol SGPS SA are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Common Stock Shares Outstanding i.e., Pharol SGPS's Common Stock Shares Outstanding and Cash go up and down completely randomly.
Correlation Coefficient | 0.33 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
Cash
Cash refers to the most liquid asset of Pharol SGPS SA, which is listed under current asset account on Pharol SGPS SA balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Pharol SGPS customers. The amounts must be unrestricted with restricted cash listed in a different Pharol SGPS account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Pharol SGPS's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pharol SGPS SA 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 Pharol SGPS 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.
Tax Provision is likely to gain to about 51
K in 2024, whereas
Selling General Administrative is likely to drop slightly above 705.4
K in 2024.
Pharol SGPS fundamental ratios Correlations
Click cells to compare fundamentals
Pharol SGPS Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pharol SGPS fundamental ratios Accounts
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Additional Tools for Pharol Stock Analysis
When running Pharol SGPS's price analysis, check to
measure Pharol SGPS'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 Pharol SGPS is operating at the current time. Most of Pharol SGPS's value examination focuses on studying past and present price action to
predict the probability of Pharol SGPS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pharol SGPS's price. Additionally, you may evaluate how the addition of Pharol SGPS to your portfolios can decrease your overall portfolio volatility.