HTZ Stock | | | USD 4.07 0.18 4.63% |
Hertz Global financial indicator trend analysis is much more than just examining Hertz Global Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hertz Global Holdings is a good investment. Please check the relationship between Hertz Global Common Stock Shares Outstanding and its Other Stockholder Equity accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hertz Global 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 estimate.
Common Stock Shares Outstanding vs Other Stockholder Equity
Common Stock Shares Outstanding vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Hertz Global Holdings Common Stock Shares Outstanding account and
Other Stockholder Equity. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Hertz Global's Common Stock Shares Outstanding and Other Stockholder Equity is 0.42. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Hertz Global Holdings, assuming nothing else is changed. The correlation between historical values of Hertz Global's Common Stock Shares Outstanding and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Hertz Global Holdings are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Common Stock Shares Outstanding i.e., Hertz Global's Common Stock Shares Outstanding and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.42 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
Other Stockholder Equity
Most indicators from Hertz Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hertz Global Holdings 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 Hertz Global 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 estimate.
Sales General And Administrative To Revenue is likely to rise to 0.09 in 2024, whereas
Selling General Administrative is likely to drop slightly above 584.1
M in 2024.
Hertz Global fundamental ratios Correlations
Click cells to compare fundamentals
Hertz Global Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hertz Global fundamental ratios Accounts
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Additional Tools for Hertz Stock Analysis
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measure Hertz Global'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 Hertz Global is operating at the current time. Most of Hertz Global's value examination focuses on studying past and present price action to
predict the probability of Hertz Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hertz Global's price. Additionally, you may evaluate how the addition of Hertz Global to your portfolios can decrease your overall portfolio volatility.