HIMS Stock | | | USD 24.15 2.36 10.83% |
Hims Hers financial indicator trend analysis is much more than just examining Hims Hers Health latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hims Hers Health is a good investment. Please check the relationship between Hims Hers Other Stockholder Equity and its Other Assets accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hims Hers Health. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
Other Stockholder Equity vs Other Assets
Other Stockholder Equity vs Other Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Hims Hers Health Other Stockholder Equity account and
Other Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between Hims Hers' Other Stockholder Equity and Other Assets is 0.34. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Other Assets in the same time period over historical financial statements of Hims Hers Health, assuming nothing else is changed. The correlation between historical values of Hims Hers' Other Stockholder Equity and Other Assets 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 Stockholder Equity of Hims Hers Health are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Other Stockholder Equity i.e., Hims Hers' Other Stockholder Equity and Other Assets go up and down completely randomly.
Correlation Coefficient | 0.34 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Other Stockholder Equity
Other Assets
Most indicators from Hims Hers' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hims Hers Health 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 Hims Hers Health. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
At this time, Hims Hers'
Tax Provision is comparatively stable compared to the past year.
Enterprise Value is likely to gain to about 1.9
B in 2024, whereas
Selling General Administrative is likely to drop slightly above 117.3
M in 2024.
Hims Hers fundamental ratios Correlations
Click cells to compare fundamentals
Hims Hers Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hims Hers fundamental ratios Accounts
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Additional Tools for Hims Stock Analysis
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measure Hims Hers' 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 Hims Hers is operating at the current time. Most of Hims Hers' value examination focuses on studying past and present price action to
predict the probability of Hims Hers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hims Hers' price. Additionally, you may evaluate how the addition of Hims Hers to your portfolios can decrease your overall portfolio volatility.