| 0R9G Stock | | | 1.69 0.01 0.59% |
Naturhouse Health financial indicator trend analysis is infinitely more than just investigating Naturhouse Health recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Naturhouse Health is a good investment. Please check the relationship between Naturhouse Health Other Liab and its Retained Earnings accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Naturhouse Health 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.
Other Liab vs Retained Earnings
Other Liab vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Naturhouse Health Other Liab account and
Retained Earnings. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Naturhouse Health's Other Liab and Retained Earnings is -0.23. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Naturhouse Health SA, assuming nothing else is changed. The correlation between historical values of Naturhouse Health's Other Liab and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of Naturhouse Health SA are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Other Liab i.e., Naturhouse Health's Other Liab and Retained Earnings go up and down completely randomly.
Correlation Coefficient | -0.23 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Other Liab
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from Naturhouse Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Naturhouse Health 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 Naturhouse Health 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.
At this time, Naturhouse Health's
Tax Provision is comparatively stable compared to the past year.
Selling General Administrative is likely to gain to about 21.2
M in 2024, whereas
Discontinued Operations is likely to drop (4.6
M) in 2024.
Naturhouse Health fundamental ratios Correlations
Click cells to compare fundamentals
Naturhouse Health Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Naturhouse Health 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 Naturhouse Stock Analysis
When running Naturhouse Health's price analysis, check to
measure Naturhouse Health'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 Naturhouse Health is operating at the current time. Most of Naturhouse Health's value examination focuses on studying past and present price action to
predict the probability of Naturhouse Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Naturhouse Health's price. Additionally, you may evaluate how the addition of Naturhouse Health to your portfolios can decrease your overall portfolio volatility.