Highest Selling General Administrative vs Depreciation And Amortization Analysis

HPH Stock   0.32  0.01  3.23%   
Highest Performances financial indicator trend analysis is much more than just examining Highest Performances latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Highest Performances is a good investment. Please check the relationship between Highest Performances Selling General Administrative and its Depreciation And Amortization accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Highest Performances Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

Selling General Administrative vs Depreciation And Amortization

Selling General Administrative vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Highest Performances Selling General Administrative account and Depreciation And Amortization. At this time, the significance of the direction appears to have totally related.
The correlation between Highest Performances' Selling General Administrative and Depreciation And Amortization is 1.0. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Highest Performances Holdings, assuming nothing else is changed. The correlation between historical values of Highest Performances' Selling General Administrative and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Highest Performances Holdings are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Selling General Administrative i.e., Highest Performances' Selling General Administrative and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Selling General Administrative

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Most indicators from Highest Performances' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Highest Performances 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 Highest Performances Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
As of now, Highest Performances' Tax Provision is increasing as compared to previous years. The Highest Performances' current Selling General Administrative is estimated to increase to about 394.9 M, while Sales General And Administrative To Revenue is projected to decrease to 0.30.
 2021 2022 2023 2024 (projected)
Interest Income7.5M8.6M7.7M7.6M
Net Interest Income7.5M8.6M7.7M7.6M

Highest Performances fundamental ratios Correlations

1.00.980.991.01.0-0.14-0.4-0.991.00.941.01.00.641.01.0-0.030.991.0-0.420.560.991.0-0.7-0.371.0
1.00.970.991.01.0-0.14-0.43-1.01.00.951.01.00.671.01.0-0.040.981.0-0.430.560.981.0-0.72-0.381.0
0.980.970.990.970.98-0.05-0.33-0.970.980.90.980.970.570.970.97-0.220.970.98-0.260.690.960.98-0.75-0.210.98
0.990.990.990.990.99-0.03-0.36-0.980.990.920.990.990.590.990.99-0.140.980.99-0.310.650.980.99-0.73-0.250.99
1.01.00.970.991.0-0.14-0.39-0.991.00.941.01.00.631.01.0-0.020.991.0-0.420.550.991.0-0.69-0.371.0
1.01.00.980.991.0-0.13-0.39-0.991.00.941.01.00.631.01.0-0.040.991.0-0.410.560.991.0-0.7-0.361.0
-0.14-0.14-0.05-0.03-0.14-0.130.130.13-0.12-0.15-0.13-0.13-0.33-0.13-0.16-0.72-0.12-0.130.710.58-0.15-0.13-0.160.77-0.13
-0.4-0.43-0.33-0.36-0.39-0.390.130.49-0.39-0.69-0.39-0.38-0.94-0.39-0.380.04-0.24-0.40.62-0.12-0.26-0.420.730.57-0.35
-0.99-1.0-0.97-0.98-0.99-0.990.130.49-0.99-0.97-0.99-0.99-0.71-0.99-0.990.07-0.96-0.990.45-0.58-0.96-0.990.770.4-0.99
1.01.00.980.991.01.0-0.12-0.39-0.990.941.01.00.631.01.0-0.040.991.0-0.40.570.991.0-0.7-0.351.0
0.940.950.90.920.940.94-0.15-0.69-0.970.940.940.930.850.940.93-0.040.870.94-0.560.490.880.95-0.83-0.50.92
1.01.00.980.991.01.0-0.13-0.39-0.991.00.941.00.631.01.0-0.040.991.0-0.410.570.991.0-0.7-0.361.0
1.01.00.970.991.01.0-0.13-0.38-0.991.00.931.00.621.01.0-0.020.991.0-0.410.550.991.0-0.68-0.361.0
0.640.670.570.590.630.63-0.33-0.94-0.710.630.850.630.620.630.630.060.510.64-0.750.190.520.65-0.79-0.710.6
1.01.00.970.991.01.0-0.13-0.39-0.991.00.941.01.00.631.0-0.020.991.0-0.420.550.991.0-0.69-0.361.0
1.01.00.970.991.01.0-0.16-0.38-0.991.00.931.01.00.631.00.00.991.0-0.430.540.991.0-0.68-0.381.0
-0.03-0.04-0.22-0.14-0.02-0.04-0.720.040.07-0.04-0.04-0.04-0.020.06-0.020.00.0-0.04-0.66-0.810.04-0.040.52-0.7-0.02
0.990.980.970.980.990.99-0.12-0.24-0.960.990.870.990.990.510.990.990.00.98-0.340.561.00.98-0.6-0.290.99
1.01.00.980.991.01.0-0.13-0.4-0.991.00.941.01.00.641.01.0-0.040.98-0.410.570.991.0-0.71-0.361.0
-0.42-0.43-0.26-0.31-0.42-0.410.710.620.45-0.4-0.56-0.41-0.41-0.75-0.42-0.43-0.66-0.34-0.410.34-0.37-0.420.261.0-0.39
0.560.560.690.650.550.560.58-0.12-0.580.570.490.570.550.190.550.54-0.810.560.570.340.520.56-0.740.40.56
0.990.980.960.980.990.99-0.15-0.26-0.960.990.880.990.990.520.990.990.041.00.99-0.370.520.98-0.59-0.330.99
1.01.00.980.991.01.0-0.13-0.42-0.991.00.951.01.00.651.01.0-0.040.981.0-0.420.560.98-0.71-0.371.0
-0.7-0.72-0.75-0.73-0.69-0.7-0.160.730.77-0.7-0.83-0.7-0.68-0.79-0.69-0.680.52-0.6-0.710.26-0.74-0.59-0.710.2-0.67
-0.37-0.38-0.21-0.25-0.37-0.360.770.570.4-0.35-0.5-0.36-0.36-0.71-0.36-0.38-0.7-0.29-0.361.00.4-0.33-0.370.2-0.34
1.01.00.980.991.01.0-0.13-0.35-0.991.00.921.01.00.61.01.0-0.020.991.0-0.390.560.991.0-0.67-0.34
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Highest Performances Account Relationship Matchups

Currently Active Assets on Macroaxis

When determining whether Highest Performances offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Highest Performances' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Highest Performances Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Highest Performances Holdings Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Highest Performances Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Highest Performances. If investors know Highest will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Highest Performances listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.10)
Revenue Per Share
1.32
Quarterly Revenue Growth
(0.48)
Return On Assets
(0.01)
Return On Equity
(0.03)
The market value of Highest Performances is measured differently than its book value, which is the value of Highest that is recorded on the company's balance sheet. Investors also form their own opinion of Highest Performances' value that differs from its market value or its book value, called intrinsic value, which is Highest Performances' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Highest Performances' market value can be influenced by many factors that don't directly affect Highest Performances' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Highest Performances' value and its price as these two are different measures arrived at by different means. Investors typically determine if Highest Performances is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Highest Performances' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.