Holley Research Development vs Total Revenue Analysis

HLLY Stock  USD 2.88  0.06  2.04%   
Holley financial indicator trend analysis is much more than just examining Holley Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Holley Inc is a good investment. Please check the relationship between Holley Research Development and its Total Revenue accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Holley Inc. 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.

Research Development vs Total Revenue

Research Development vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Holley Inc Research Development account and Total Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Holley's Research Development and Total Revenue is 0.95. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Holley Inc, assuming nothing else is changed. The correlation between historical values of Holley's Research Development and Total 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 Research Development of Holley Inc are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Research Development i.e., Holley's Research Development and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Research Development

Total Revenue

Total revenue comprises all receipts Holley Inc generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Holley's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Holley Inc 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 Holley Inc. 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.
At this time, Holley's Tax Provision is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.20 in 2024, whereas Selling General Administrative is likely to drop slightly above 108.5 M in 2024.
 2021 2022 2023 2024 (projected)
EBIT126.9M118.5M87.2M86.3M
Other Operating Expenses565.9M630.8M565.7M454.6M

Holley fundamental ratios Correlations

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Holley Account Relationship Matchups

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