DCC Stock | | | 5,725 25.00 0.43% |
DCC Plc financial indicator trend analysis is much more than just examining DCC plc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DCC plc is a good investment. Please check the relationship between DCC Plc Change To Netincome and its Stock Based Compensation accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DCC plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Change To Netincome vs Stock Based Compensation
Change To Netincome vs Stock Based Compensation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
DCC plc Change To Netincome account and
Stock Based Compensation. At this time, the significance of the direction appears to have very strong relationship.
The correlation between DCC Plc's Change To Netincome and Stock Based Compensation is 0.8. Overlapping area represents the amount of variation of Change To Netincome that can explain the historical movement of Stock Based Compensation in the same time period over historical financial statements of DCC plc, assuming nothing else is changed. The correlation between historical values of DCC Plc's Change To Netincome and Stock Based Compensation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Netincome of DCC plc are associated (or correlated) with its Stock Based Compensation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Stock Based Compensation has no effect on the direction of Change To Netincome i.e., DCC Plc's Change To Netincome and Stock Based Compensation go up and down completely randomly.
Correlation Coefficient | 0.8 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Change To Netincome
Stock Based Compensation
Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.
Most indicators from DCC Plc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DCC plc 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
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DCC plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
The current year's
Discontinued Operations is expected to grow to about 37
M, whereas
Selling General Administrative is forecasted to decline to about 417.6
M.
DCC Plc fundamental ratios Correlations
Click cells to compare fundamentals
DCC Plc Account Relationship Matchups
High Positive Relationship
High Negative Relationship
DCC Plc fundamental ratios Accounts
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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.
Other Information on Investing in DCC Stock
Balance Sheet is a snapshot of the
financial position of DCC plc at a specified time, usually calculated after every quarter, six months, or one year. DCC Plc Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of DCC Plc and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which DCC currently owns. An asset can also be divided into two categories, current and non-current.