BOWL Stock | | | 314.50 2.00 0.63% |
Hollywood Bowl financial indicator trend analysis is much more than just examining Hollywood Bowl Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hollywood Bowl Group is a good investment. Please check the relationship between Hollywood Bowl Common Stock and its Cash And Short Term Investments accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Hollywood Bowl Group. 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 Cash And Short Term Investments
Common Stock vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Hollywood Bowl Group Common Stock account and
Cash And Short Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Hollywood Bowl's Common Stock and Cash And Short Term Investments is -0.27. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Hollywood Bowl Group, assuming nothing else is changed. The correlation between historical values of Hollywood Bowl's Common Stock and Cash And Short Term Investments 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 Hollywood Bowl Group are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Common Stock i.e., Hollywood Bowl's Common Stock and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | -0.27 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Common Stock
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Hollywood Bowl Group balance sheet. This account contains Hollywood Bowl investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Hollywood Bowl Group fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from Hollywood Bowl's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hollywood Bowl Group 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 Hollywood Bowl Group. 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 13.2
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 41.7
M in 2024.
Hollywood Bowl fundamental ratios Correlations
Click cells to compare fundamentals
Hollywood Bowl Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hollywood Bowl fundamental ratios Accounts
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Additional Tools for Hollywood Stock Analysis
When running Hollywood Bowl's price analysis, check to
measure Hollywood Bowl'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 Hollywood Bowl is operating at the current time. Most of Hollywood Bowl's value examination focuses on studying past and present price action to
predict the probability of Hollywood Bowl's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hollywood Bowl's price. Additionally, you may evaluate how the addition of Hollywood Bowl to your portfolios can decrease your overall portfolio volatility.