DLX Stock | | | USD 23.25 0.30 1.31% |
Deluxe financial indicator trend analysis is much more than just examining Deluxe latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Deluxe is a good investment. Please check the relationship between Deluxe Non Currrent Assets Other and its Cash accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Deluxe. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
For more information on how to buy Deluxe Stock please use our
How to Invest in Deluxe guide.
Non Currrent Assets Other vs Cash
Non Currrent Assets Other vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Deluxe Non Currrent Assets Other account and
Cash. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Deluxe's Non Currrent Assets Other and Cash is -0.28. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Cash in the same time period over historical financial statements of Deluxe, assuming nothing else is changed. The correlation between historical values of Deluxe's Non Currrent Assets Other and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Deluxe are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Non Currrent Assets Other i.e., Deluxe's Non Currrent Assets Other and Cash go up and down completely randomly.
Correlation Coefficient | -0.28 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Cash
Cash refers to the most liquid asset of Deluxe, which is listed under current asset account on Deluxe balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Deluxe customers. The amounts must be unrestricted with restricted cash listed in a different Deluxe account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Deluxe's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Deluxe 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 Deluxe. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
For more information on how to buy Deluxe Stock please use our
How to Invest in Deluxe guide.
Issuance Of Capital Stock is likely to rise to about 5.3
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 810.9
M in 2024.
Deluxe fundamental ratios Correlations
Click cells to compare fundamentals
Deluxe Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Deluxe fundamental ratios Accounts
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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 Deluxe Stock Analysis
When running Deluxe's price analysis, check to
measure Deluxe'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 Deluxe is operating at the current time. Most of Deluxe's value examination focuses on studying past and present price action to
predict the probability of Deluxe's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Deluxe's price. Additionally, you may evaluate how the addition of Deluxe to your portfolios can decrease your overall portfolio volatility.