0NW1 Stock | | | 8.29 0.18 2.22% |
Compagnie Plastic financial indicator trend analysis is way more than just evaluating Compagnie Plastic Omnium prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Compagnie Plastic Omnium is a good investment. Please check the relationship between Compagnie Plastic Inventory and its Other Current Liab accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Compagnie Plastic Omnium. 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.
Inventory vs Other Current Liab
Inventory vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Compagnie Plastic Omnium Inventory account and
Other Current Liab. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Compagnie Plastic's Inventory and Other Current Liab is -0.19. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Compagnie Plastic Omnium, assuming nothing else is changed. The correlation between historical values of Compagnie Plastic's Inventory and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Compagnie Plastic Omnium are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Inventory i.e., Compagnie Plastic's Inventory and Other Current Liab go up and down completely randomly.
Correlation Coefficient | -0.19 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Inventory
Other Current Liab
Most indicators from Compagnie Plastic's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Compagnie Plastic Omnium 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 Compagnie Plastic Omnium. 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 (26.5
M) in 2024.
Selling General Administrative is likely to drop to about 272.8
M in 2024
Compagnie Plastic fundamental ratios Correlations
Click cells to compare fundamentals
Compagnie Plastic Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Compagnie Plastic fundamental ratios Accounts
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Additional Tools for Compagnie Stock Analysis
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measure Compagnie Plastic'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 Compagnie Plastic is operating at the current time. Most of Compagnie Plastic's value examination focuses on studying past and present price action to
predict the probability of Compagnie Plastic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Compagnie Plastic's price. Additionally, you may evaluate how the addition of Compagnie Plastic to your portfolios can decrease your overall portfolio volatility.