DIS Stock | | | USD 115.94 1.22 1.06% |
Disney financial indicator trend analysis is much more than just examining Walt Disney latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Walt Disney is a good investment. Please check the relationship between Disney Property Plant And Equipment Net and its Common Stock Total Equity accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Walt Disney. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
Property Plant And Equipment Net vs Common Stock Total Equity
Property Plant And Equipment Net vs Common Stock Total Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Walt Disney Property Plant And Equipment Net account and
Common Stock Total Equity. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Disney's Property Plant And Equipment Net and Common Stock Total Equity is 0.95. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of Walt Disney, assuming nothing else is changed. The correlation between historical values of Disney's Property Plant And Equipment Net and Common Stock Total Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Walt Disney are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Property Plant And Equipment Net i.e., Disney's Property Plant And Equipment Net and Common Stock Total Equity go up and down completely randomly.
Correlation Coefficient | 0.95 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Most indicators from Disney's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Walt Disney 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 Walt Disney. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
At this time, Disney's
Selling General Administrative is comparatively stable compared to the past year.
Tax Provision is likely to gain to about 2.2
B in 2024, despite the fact that
Discontinued Operations is likely to grow to (41
M).
Disney fundamental ratios Correlations
Click cells to compare fundamentals
Disney Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Disney fundamental ratios Accounts
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for Disney Stock Analysis
When running Disney's price analysis, check to
measure Disney'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 Disney is operating at the current time. Most of Disney's value examination focuses on studying past and present price action to
predict the probability of Disney's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Disney's price. Additionally, you may evaluate how the addition of Disney to your portfolios can decrease your overall portfolio volatility.