Stanley Common Stock vs Net Receivables Analysis
0L9E Stock | 89.45 0.48 0.54% |
Stanley Black financial indicator trend analysis is much more than just breaking down Stanley Black Decker prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Stanley Black Decker is a good investment. Please check the relationship between Stanley Black Common Stock and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Stanley Black Decker. 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 vs Net Receivables
Common Stock vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Stanley Black Decker Common Stock account and Net Receivables. At this time, the significance of the direction appears to have strong relationship.
The correlation between Stanley Black's Common Stock and Net Receivables is 0.61. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Stanley Black Decker, assuming nothing else is changed. The correlation between historical values of Stanley Black's Common Stock and Net Receivables 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 of Stanley Black Decker are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Common Stock i.e., Stanley Black's Common Stock and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.61 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Common Stock
Net Receivables
Most indicators from Stanley Black's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Stanley Black Decker 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 Stanley Black Decker. 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. Selling General Administrative is likely to gain to about 2.9 B in 2024. Tax Provision is likely to gain to about 262 M in 2024
2016 | 2022 | 2023 | 2024 (projected) | Gross Profit | 4.3B | 4.1B | 4.1B | 4.8B | Total Revenue | 11.4B | 16.9B | 15.8B | 14.3B |
Stanley Black fundamental ratios Correlations
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Stanley Black Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Stanley Black's price analysis, check to measure Stanley Black'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 Stanley Black is operating at the current time. Most of Stanley Black's value examination focuses on studying past and present price action to predict the probability of Stanley Black's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stanley Black's price. Additionally, you may evaluate how the addition of Stanley Black to your portfolios can decrease your overall portfolio volatility.