HCG Stock | | | 468.30 0.20 0.04% |
Healthcare Global financial indicator trend analysis is much more than just examining Healthcare Global latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Healthcare Global is a good investment. Please check the relationship between Healthcare Global Other Non Cash Items and its Stock Based Compensation accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Healthcare Global Enterprises. 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 Non Cash Items vs Stock Based Compensation
Other Non Cash Items vs Stock Based Compensation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Healthcare Global Other Non Cash Items account and
Stock Based Compensation. At this time, the significance of the direction appears to have very week relationship.
The correlation between Healthcare Global's Other Non Cash Items and Stock Based Compensation is 0.21. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Stock Based Compensation in the same time period over historical financial statements of Healthcare Global Enterprises, assuming nothing else is changed. The correlation between historical values of Healthcare Global's Other Non Cash Items and Stock Based Compensation 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 Non Cash Items of Healthcare Global Enterprises are associated (or correlated) with its Stock Based Compensation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Stock Based Compensation has no effect on the direction of Other Non Cash Items i.e., Healthcare Global's Other Non Cash Items and Stock Based Compensation go up and down completely randomly.
Correlation Coefficient | 0.21 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Other Non Cash Items
Stock Based Compensation
Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.
Most indicators from Healthcare Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Healthcare Global 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
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Healthcare Global Enterprises. 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 present, Healthcare Global's
Tax Provision is projected to increase significantly based on the last few years of reporting.
Healthcare Global fundamental ratios Correlations
Click cells to compare fundamentals
Healthcare Global Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Healthcare Global 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 Healthcare Stock
Balance Sheet is a snapshot of the
financial position of Healthcare Global at a specified time, usually calculated after every quarter, six months, or one year. Healthcare Global Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Healthcare Global 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 Healthcare currently owns. An asset can also be divided into two categories, current and non-current.