Hanryu Pocfratio vs Ptb Ratio Analysis
HRYU Stock | 0.22 0.01 4.35% |
Hanryu Holdings, financial indicator trend analysis is much more than just examining Hanryu Holdings, Common latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hanryu Holdings, Common is a good investment. Please check the relationship between Hanryu Holdings, Pocfratio and its Ptb Ratio accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hanryu Holdings, Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
Pocfratio vs Ptb Ratio
Pocfratio vs Ptb Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hanryu Holdings, Common Pocfratio account and Ptb Ratio. At this time, the significance of the direction appears to have no relationship.
The correlation between Hanryu Holdings,'s Pocfratio and Ptb Ratio is 0.01. Overlapping area represents the amount of variation of Pocfratio that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Hanryu Holdings, Common, assuming nothing else is changed. The correlation between historical values of Hanryu Holdings,'s Pocfratio and Ptb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pocfratio of Hanryu Holdings, Common are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Pocfratio i.e., Hanryu Holdings,'s Pocfratio and Ptb Ratio go up and down completely randomly.
Correlation Coefficient | 0.01 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Pocfratio
Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Most indicators from Hanryu Holdings,'s fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hanryu Holdings, Common 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 Hanryu Holdings, Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. Issuance Of Capital Stock is likely to gain to about 10.5 M in 2024, whereas Selling General Administrative is likely to drop slightly above 6.3 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 266.0K | 8.9K | 12.0K | 11.4K | Depreciation And Amortization | 117.6K | 470.5K | 541.0K | 568.1K |
Hanryu Holdings, fundamental ratios Correlations
Click cells to compare fundamentals
Hanryu Holdings, Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Hanryu Stock Analysis
When running Hanryu Holdings,'s price analysis, check to measure Hanryu Holdings,'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 Hanryu Holdings, is operating at the current time. Most of Hanryu Holdings,'s value examination focuses on studying past and present price action to predict the probability of Hanryu Holdings,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hanryu Holdings,'s price. Additionally, you may evaluate how the addition of Hanryu Holdings, to your portfolios can decrease your overall portfolio volatility.