HCKT Stock | | | USD 31.46 0.05 0.16% |
Hackett financial indicator trend analysis is much more than just examining Hackett Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hackett Group is a good investment. Please check the relationship between Hackett Book Value Per Share and its Capex To Revenue accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in The Hackett Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in industry.
Book Value Per Share vs Capex To Revenue
Book Value Per Share vs Capex To Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Hackett Group Book Value Per Share account and
Capex To Revenue. At this time, the significance of the direction appears to have pay attention.
The correlation between Hackett's Book Value Per Share and Capex To Revenue is -0.71. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Capex To Revenue in the same time period over historical financial statements of The Hackett Group, assuming nothing else is changed. The correlation between historical values of Hackett's Book Value Per Share and Capex To Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Book Value Per Share of The Hackett Group are associated (or correlated) with its Capex To Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Revenue has no effect on the direction of Book Value Per Share i.e., Hackett's Book Value Per Share and Capex To Revenue go up and down completely randomly.
Correlation Coefficient | -0.71 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.
Capex To Revenue
The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.
Most indicators from Hackett's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hackett Group 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 The Hackett Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in industry.
At this time, Hackett's
Sales General And Administrative To Revenue is comparatively stable compared to the past year.
Enterprise Value Over EBITDA is likely to gain to 17.44 in 2024, whereas
Discontinued Operations is likely to drop (6.6
K) in 2024.
Hackett fundamental ratios Correlations
Click cells to compare fundamentals
Hackett Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hackett fundamental ratios Accounts
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Additional Tools for Hackett Stock Analysis
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measure Hackett'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 Hackett is operating at the current time. Most of Hackett's value examination focuses on studying past and present price action to
predict the probability of Hackett's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hackett's price. Additionally, you may evaluate how the addition of Hackett to your portfolios can decrease your overall portfolio volatility.