DHT Stock | | | USD 10.37 0.17 1.61% |
DHT Holdings financial indicator trend analysis is much more than just examining DHT Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DHT Holdings is a good investment. Please check the relationship between DHT Holdings Treasury Stock and its Short Term Debt accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DHT 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 rate.
For more information on how to buy DHT Stock please use our
How to Invest in DHT Holdings guide.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
DHT Holdings Treasury Stock account and
Short Term Debt. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between DHT Holdings' Treasury Stock and Short Term Debt is -0.08. Overlapping area represents the amount of variation of Treasury Stock that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of DHT Holdings, assuming nothing else is changed. The correlation between historical values of DHT Holdings' Treasury Stock and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Treasury Stock of DHT Holdings are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Treasury Stock i.e., DHT Holdings' Treasury Stock and Short Term Debt go up and down completely randomly.
Correlation Coefficient | -0.08 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Most indicators from DHT Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DHT 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
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DHT 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 rate.
For more information on how to buy DHT Stock please use our
How to Invest in DHT Holdings guide.At this time, DHT Holdings'
Enterprise Value Over EBITDA is comparatively stable compared to the past year.
Enterprise Value Multiple is likely to gain to 6.72 in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.03 in 2024.
When running DHT Holdings' price analysis, check to
measure DHT 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 DHT Holdings is operating at the current time. Most of DHT Holdings' value examination focuses on studying past and present price action to
predict the probability of DHT Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DHT Holdings' price. Additionally, you may evaluate how the addition of DHT Holdings to your portfolios can decrease your overall portfolio volatility.