| HTZWW Stock | | | USD 2.60 0.06 2.26% |
Hertz Global financial indicator trend analysis is much more than just examining Hertz Global Hldgs latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hertz Global Hldgs is a good investment. Please check the relationship between Hertz Global Depreciation And Amortization and its Selling And Marketing Expenses accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hertz Global Hldgs. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in housing.
Depreciation And Amortization vs Selling And Marketing Expenses
Depreciation And Amortization vs Selling And Marketing Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Hertz Global Hldgs Depreciation And Amortization account and
Selling And Marketing Expenses. At this time, the significance of the direction appears to have no relationship.
The correlation between Hertz Global's Depreciation And Amortization and Selling And Marketing Expenses is 0.06. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Selling And Marketing Expenses in the same time period over historical financial statements of Hertz Global Hldgs, assuming nothing else is changed. The correlation between historical values of Hertz Global's Depreciation And Amortization and Selling And Marketing Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Hertz Global Hldgs are associated (or correlated) with its Selling And Marketing Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling And Marketing Expenses has no effect on the direction of Depreciation And Amortization i.e., Hertz Global's Depreciation And Amortization and Selling And Marketing Expenses go up and down completely randomly.
Correlation Coefficient | 0.06 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
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.
Selling And Marketing Expenses
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 Hldgs 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 Hldgs. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in housing.
Sales General And Administrative To Revenue is likely to climb 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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