DDR Stock | | | 8.51 0.18 2.16% |
Dicker Data financial indicator trend analysis is much more than just examining Dicker Data latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dicker Data is a good investment. Please check the relationship between Dicker Data Inventory and its Common Stock Shares Outstanding accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dicker Data. 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.
Inventory vs Common Stock Shares Outstanding
Inventory vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Dicker Data Inventory account and
Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong relationship.
The correlation between Dicker Data's Inventory and Common Stock Shares Outstanding is 0.67. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Dicker Data, assuming nothing else is changed. The correlation between historical values of Dicker Data's Inventory and Common Stock Shares Outstanding 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 Dicker Data are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Inventory i.e., Dicker Data's Inventory and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | 0.67 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Inventory
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Dicker Data's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dicker Data 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 Dicker Data. 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.
Selling General Administrative is likely to gain to about 149
M in 2024, whereas
Tax Provision is likely to drop slightly above 23.3
M in 2024.
Dicker Data fundamental ratios Correlations
Click cells to compare fundamentals
Dicker Data Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Dicker Data fundamental ratios Accounts
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Additional Tools for Dicker Stock Analysis
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measure Dicker Data'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 Dicker Data is operating at the current time. Most of Dicker Data's value examination focuses on studying past and present price action to
predict the probability of Dicker Data's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dicker Data's price. Additionally, you may evaluate how the addition of Dicker Data to your portfolios can decrease your overall portfolio volatility.