DLTR Stock | | | USD 65.76 2.58 4.08% |
Dollar Tree financial indicator trend analysis is much more than just examining Dollar Tree latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dollar Tree is a good investment. Please check the relationship between Dollar Tree Common Stock and its Intangible Assets accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dollar Tree. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
To learn how to invest in Dollar Stock, please use our
How to Invest in Dollar Tree guide.
Common Stock vs Intangible Assets
Common Stock vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Dollar Tree Common Stock account and
Intangible Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Dollar Tree's Common Stock and Intangible Assets is 0.65. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Dollar Tree, assuming nothing else is changed. The correlation between historical values of Dollar Tree's Common Stock and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Dollar Tree are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Common Stock i.e., Dollar Tree's Common Stock and Intangible Assets go up and down completely randomly.
Correlation Coefficient | 0.65 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Common Stock
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Dollar Tree's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dollar Tree 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 Dollar Tree. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
To learn how to invest in Dollar Stock, please use our
How to Invest in Dollar Tree guide.At this time, Dollar Tree's
Selling General Administrative is relatively stable compared to the past year. As of 11/22/2024,
Enterprise Value Over EBITDA is likely to grow to 7.69, while
Tax Provision is likely to drop slightly above 9.2
M.
Dollar Tree fundamental ratios Correlations
Click cells to compare fundamentals
Dollar Tree Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Dollar Tree fundamental ratios Accounts
Additional Tools for Dollar Stock Analysis
When running Dollar Tree's price analysis, check to
measure Dollar Tree'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 Dollar Tree is operating at the current time. Most of Dollar Tree's value examination focuses on studying past and present price action to
predict the probability of Dollar Tree's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dollar Tree's price. Additionally, you may evaluate how the addition of Dollar Tree to your portfolios can decrease your overall portfolio volatility.