FRETAIL Stock | | | 2.28 0.00 0.00% |
Future Retail financial indicator trend analysis is much more than just examining Future Retail Limited latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Future Retail Limited is a good investment. Please check the relationship between Future Retail Total Liab and its Common Stock accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Future Retail Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
Total Liab vs Common Stock
Total Liab vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Future Retail Limited Total Liab account and
Common Stock. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Future Retail's Total Liab and Common Stock is -0.58. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Common Stock in the same time period over historical financial statements of Future Retail Limited, assuming nothing else is changed. The correlation between historical values of Future Retail's Total Liab and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of Future Retail Limited are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Total Liab i.e., Future Retail's Total Liab and Common Stock go up and down completely randomly.
Correlation Coefficient | -0.58 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Common Stock
Most indicators from Future Retail's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Future Retail Limited 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 Future Retail Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
Tax Provision is expected to rise to about 253.9
M this year, although the value of
Selling General Administrative will most likely fall to about 83.8
M.
Future Retail fundamental ratios Correlations
Click cells to compare fundamentals
Future Retail Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Future Retail 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.
Other Information on Investing in Future Stock
Balance Sheet is a snapshot of the
financial position of Future Retail Limited at a specified time, usually calculated after every quarter, six months, or one year. Future Retail Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Future Retail and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Future currently owns. An asset can also be divided into two categories, current and non-current.