FLTR Stock | | | 21,580 230.00 1.08% |
Flutter Entertainment financial indicator trend analysis is much more than just examining Flutter Entertainment PLC latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Flutter Entertainment PLC is a good investment. Please check the relationship between Flutter Entertainment Other Current Liab and its Common Stock Shares Outstanding accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Flutter Entertainment PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Other Current Liab vs Common Stock Shares Outstanding
Other Current Liab vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Flutter Entertainment PLC Other Current Liab account and
Common Stock Shares Outstanding. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Flutter Entertainment's Other Current Liab and Common Stock Shares Outstanding is -0.18. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Flutter Entertainment PLC, assuming nothing else is changed. The correlation between historical values of Flutter Entertainment's Other Current Liab and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Flutter Entertainment PLC are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Other Current Liab i.e., Flutter Entertainment's Other Current Liab and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | -0.18 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Other Current Liab
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Flutter Entertainment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Flutter Entertainment PLC 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 Flutter Entertainment PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
At this time, Flutter Entertainment's
Selling General Administrative is comparatively stable compared to the past year.
Tax Provision is likely to gain to about 126
M in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 12.3
M in 2024.
Flutter Entertainment fundamental ratios Correlations
Click cells to compare fundamentals
Flutter Entertainment Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Flutter Entertainment 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 Flutter Stock Analysis
When running Flutter Entertainment's price analysis, check to
measure Flutter Entertainment'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 Flutter Entertainment is operating at the current time. Most of Flutter Entertainment's value examination focuses on studying past and present price action to
predict the probability of Flutter Entertainment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Flutter Entertainment's price. Additionally, you may evaluate how the addition of Flutter Entertainment to your portfolios can decrease your overall portfolio volatility.