DHX Stock | | | USD 1.75 0.02 1.13% |
DHI financial indicator trend analysis is much more than just examining DHI Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DHI Group is a good investment. Please check the relationship between DHI Change Receivables and its Investments accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DHI 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 rate.
Change Receivables vs Investments
Change Receivables vs Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
DHI Group Change Receivables account and
Investments. At this time, the significance of the direction appears to have weak relationship.
The correlation between DHI's Change Receivables and Investments is 0.32. Overlapping area represents the amount of variation of Change Receivables that can explain the historical movement of Investments in the same time period over historical financial statements of DHI Group, assuming nothing else is changed. The correlation between historical values of DHI's Change Receivables and Investments 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 Receivables of DHI Group are associated (or correlated) with its Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Investments has no effect on the direction of Change Receivables i.e., DHI's Change Receivables and Investments go up and down completely randomly.
Correlation Coefficient | 0.32 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Change Receivables
The difference in the amount of accounts receivable from one accounting period to the next. A positive number indicates an increase in receivables, while a negative number indicates a decrease.
Investments
Securities or assets acquired for generating income or appreciating in value, not used in daily operations.
Most indicators from DHI's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DHI 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
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DHI 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 rate.
At this time, DHI's
Selling General Administrative is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to rise to 0.28 in 2024, despite the fact that
Tax Provision is likely to grow to (70.3
K).
DHI fundamental ratios Correlations
Click cells to compare fundamentals
DHI Account Relationship Matchups
High Positive Relationship
High Negative Relationship
DHI fundamental ratios Accounts
Also Currently Popular
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.
Additional Tools for DHI Stock Analysis
When running DHI's price analysis, check to
measure DHI'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 DHI is operating at the current time. Most of DHI's value examination focuses on studying past and present price action to
predict the probability of DHI's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DHI's price. Additionally, you may evaluate how the addition of DHI to your portfolios can decrease your overall portfolio volatility.