HOFV Stock | | | USD 0.93 0.02 2.11% |
Hall Of financial indicator trend analysis is much more than just examining Hall of Fame latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hall of Fame is a good investment. Please check the relationship between Hall Of Income Before Tax and its Ebit accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hall of Fame. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in census.
Income Before Tax vs Ebit
Income Before Tax vs Ebit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Hall of Fame Income Before Tax account and
Ebit. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Hall Of's Income Before Tax and Ebit is 0.95. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Ebit in the same time period over historical financial statements of Hall of Fame, assuming nothing else is changed. The correlation between historical values of Hall Of's Income Before Tax and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Hall of Fame are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Income Before Tax i.e., Hall Of's Income Before Tax and Ebit go up and down completely randomly.
Correlation Coefficient | 0.95 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Hall Of income statement and is an important metric when analyzing Hall of Fame profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Ebit
Most indicators from Hall Of's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hall of Fame 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 Hall of Fame. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in census.
At this time, Hall Of's
Selling General Administrative is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to climb to 2.44 in 2024, despite the fact that
Enterprise Value Over EBITDA is likely to grow to
(9.15).
Hall Of fundamental ratios Correlations
Click cells to compare fundamentals
Hall Of Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hall Of fundamental ratios Accounts
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Additional Tools for Hall Stock Analysis
When running Hall Of's price analysis, check to
measure Hall Of'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 Hall Of is operating at the current time. Most of Hall Of's value examination focuses on studying past and present price action to
predict the probability of Hall Of's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hall Of's price. Additionally, you may evaluate how the addition of Hall Of to your portfolios can decrease your overall portfolio volatility.