| HOFV Stock | | | USD 0.92 0.01 1.08% |
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 Minority Interest and its Operating Income 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.
Minority Interest vs Operating Income
Minority Interest vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Hall of Fame Minority Interest account and
Operating Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Hall Of's Minority Interest and Operating Income is -0.5. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Operating Income 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 Minority Interest and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Minority Interest of Hall of Fame are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Minority Interest i.e., Hall Of's Minority Interest and Operating Income go up and down completely randomly.
Correlation Coefficient | -0.5 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Minority Interest
Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Hall of Fame whose combined shares represent less than 50% of the total outstanding shares issued by Hall Of have a minority interest in Hall Of.
Operating Income
Operating Income is the amount of profit realized from Hall of Fame operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Hall of Fame is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
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
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