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 Total Equity and its Property Plant Equipment 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 Total Equity vs Property Plant Equipment
Common Stock Total Equity vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Hollywood Bowl Group Common Stock Total Equity account and
Property Plant Equipment. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Hollywood Bowl's Common Stock Total Equity and Property Plant Equipment is -0.18. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Property Plant Equipment 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 Total Equity and Property Plant Equipment 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 Total Equity of Hollywood Bowl Group are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Common Stock Total Equity i.e., Hollywood Bowl's Common Stock Total Equity and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | -0.18 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Property Plant Equipment
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
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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.