HFD Stock | | | 146.00 0.40 0.27% |
Halfords Group financial indicator trend analysis is much more than just examining Halfords Group PLC latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Halfords Group PLC is a good investment. Please check the relationship between Halfords Group Stock Based Compensation and its Change To Account Receivables accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Halfords Group 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 bureau of economic analysis.
Stock Based Compensation vs Change To Account Receivables
Stock Based Compensation vs Change To Account Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Halfords Group PLC Stock Based Compensation account and
Change To Account Receivables. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Halfords Group's Stock Based Compensation and Change To Account Receivables is -0.29. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Change To Account Receivables in the same time period over historical financial statements of Halfords Group PLC, assuming nothing else is changed. The correlation between historical values of Halfords Group's Stock Based Compensation and Change To Account Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Stock Based Compensation of Halfords Group PLC are associated (or correlated) with its Change To Account Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Account Receivables has no effect on the direction of Stock Based Compensation i.e., Halfords Group's Stock Based Compensation and Change To Account Receivables go up and down completely randomly.
Correlation Coefficient | -0.29 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
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.
Change To Account Receivables
Most indicators from Halfords Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Halfords Group 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
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Halfords Group 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 bureau of economic analysis.
As of November 28, 2024,
Selling General Administrative is expected to decline to about 114.4
M. In addition to that,
Tax Provision is expected to decline to about 8.8
MHalfords Group fundamental ratios Correlations
Click cells to compare fundamentals
Halfords Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Halfords Group fundamental ratios Accounts
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Other Information on Investing in Halfords Stock
Balance Sheet is a snapshot of the
financial position of Halfords Group PLC at a specified time, usually calculated after every quarter, six months, or one year. Halfords Group Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Halfords Group 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 Halfords currently owns. An asset can also be divided into two categories, current and non-current.