HTZ Stock | | | USD 3.89 0.23 6.28% |
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 Selling And Marketing Expenses and its Income Before Tax 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.
Selling And Marketing Expenses vs Income Before Tax
Selling And Marketing Expenses vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Hertz Global Holdings Selling And Marketing Expenses account and
Income Before Tax. At this time, the significance of the direction appears to have very week relationship.
The correlation between Hertz Global's Selling And Marketing Expenses and Income Before Tax is 0.24. Overlapping area represents the amount of variation of Selling And Marketing Expenses that can explain the historical movement of Income Before Tax 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 Selling And Marketing Expenses and Income Before Tax 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 And Marketing Expenses of Hertz Global Holdings are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Selling And Marketing Expenses i.e., Hertz Global's Selling And Marketing Expenses and Income Before Tax go up and down completely randomly.
Correlation Coefficient | 0.24 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Selling And Marketing Expenses
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Hertz Global income statement and is an important metric when analyzing Hertz Global Holdings profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
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
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Additional Tools for Hertz Stock Analysis
When running Hertz Global's price analysis, check to
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.