0IK3 Stock | | | 58.68 0.30 0.51% |
FMC Corp financial indicator trend analysis is much more than just examining FMC Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether FMC Corp is a good investment. Please check the relationship between FMC Corp Good Will and its Common Stock Shares Outstanding accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in FMC Corp. 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.
Good Will vs Common Stock Shares Outstanding
Good Will vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
FMC Corp Good Will account and
Common Stock Shares Outstanding. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between FMC Corp's Good Will and Common Stock Shares Outstanding is -0.49. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of FMC Corp, assuming nothing else is changed. The correlation between historical values of FMC Corp's Good Will and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of FMC Corp are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Good Will i.e., FMC Corp's Good Will and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | -0.49 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from FMC Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into FMC Corp 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 FMC Corp. 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 182.2
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 665.1
M in 2024.
FMC Corp fundamental ratios Correlations
Click cells to compare fundamentals
FMC Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
FMC Corp fundamental ratios Accounts
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Additional Tools for FMC Stock Analysis
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measure FMC Corp'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 FMC Corp is operating at the current time. Most of FMC Corp's value examination focuses on studying past and present price action to
predict the probability of FMC Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FMC Corp's price. Additionally, you may evaluate how the addition of FMC Corp to your portfolios can decrease your overall portfolio volatility.