HMC Stock | | | 12.27 0.07 0.57% |
Home Consortium financial indicator trend analysis is much more than just examining Home Consortium latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Home Consortium is a good investment. Please check the relationship between Home Consortium Other Current Assets and its Non Currrent Assets Other accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Home Consortium. 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 Current Assets vs Non Currrent Assets Other
Other Current Assets vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Home Consortium Other Current Assets account and
Non Currrent Assets Other. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Home Consortium's Other Current Assets and Non Currrent Assets Other is -0.08. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Home Consortium, assuming nothing else is changed. The correlation between historical values of Home Consortium's Other Current Assets and Non Currrent Assets Other 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 Current Assets of Home Consortium are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Other Current Assets i.e., Home Consortium's Other Current Assets and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | -0.08 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Home Consortium's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Home Consortium 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 Home Consortium. 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 this time, Home Consortium's
Tax Provision is comparatively stable compared to the past year.
Discontinued Operations is likely to gain to about 11.9
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 16.6
M in 2024.
Home Consortium fundamental ratios Correlations
Click cells to compare fundamentals
Home Consortium Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Home Consortium fundamental ratios Accounts
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measure Home Consortium'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 Home Consortium is operating at the current time. Most of Home Consortium's value examination focuses on studying past and present price action to
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