CURV Stock | | | USD 4.16 0.20 5.05% |
Torrid Holdings financial indicator trend analysis is much more than just breaking down Torrid Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Torrid Holdings is a good investment. Please check the relationship between Torrid Holdings Inventory and its Non Currrent Assets Other accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Torrid Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
For more information on how to buy Torrid Stock please use our
How to Invest in Torrid Holdings guide.
Inventory vs Non Currrent Assets Other
Inventory vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Torrid Holdings Inventory account and
Non Currrent Assets Other. At this time, the significance of the direction appears to have strong relationship.
The correlation between Torrid Holdings' Inventory and Non Currrent Assets Other is 0.63. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Torrid Holdings, assuming nothing else is changed. The correlation between historical values of Torrid Holdings' Inventory and Non Currrent Assets Other 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 Torrid Holdings are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Inventory i.e., Torrid Holdings' Inventory and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | 0.63 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Inventory
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Torrid Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Torrid Holdings 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 Torrid Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
For more information on how to buy Torrid Stock please use our
How to Invest in Torrid Holdings guide.At this time, Torrid Holdings'
Tax Provision is fairly stable compared to the past year.
Selling General Administrative is likely to climb to about 303.7
M in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.23 in 2024.
Torrid Holdings fundamental ratios Correlations
Click cells to compare fundamentals
Torrid Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Torrid Holdings fundamental ratios Accounts
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Additional Tools for Torrid Stock Analysis
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measure Torrid Holdings' 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 Torrid Holdings is operating at the current time. Most of Torrid Holdings' value examination focuses on studying past and present price action to
predict the probability of Torrid Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Torrid Holdings' price. Additionally, you may evaluate how the addition of Torrid Holdings to your portfolios can decrease your overall portfolio volatility.