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 Net Working Capital and its Retained Earnings 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.
Net Working Capital vs Retained Earnings
Net Working Capital vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Hall of Fame Net Working Capital account and
Retained Earnings. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Hall Of's Net Working Capital and Retained Earnings is -0.62. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Retained Earnings 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 Net Working Capital and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Working Capital of Hall of Fame are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Net Working Capital i.e., Hall Of's Net Working Capital and Retained Earnings go up and down completely randomly.
Correlation Coefficient | -0.62 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Net Working Capital
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
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.