HWDN Stock | | | 816.00 5.00 0.61% |
Howden Joinery financial indicator trend analysis is much more than just examining Howden Joinery Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Howden Joinery Group is a good investment. Please check the relationship between Howden Joinery Sale Purchase Of Stock and its Free Cash Flow accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Howden Joinery Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Sale Purchase Of Stock vs Free Cash Flow
Sale Purchase Of Stock vs Free Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Howden Joinery Group Sale Purchase Of Stock account and
Free Cash Flow. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Howden Joinery's Sale Purchase Of Stock and Free Cash Flow is -0.15. Overlapping area represents the amount of variation of Sale Purchase Of Stock that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Howden Joinery Group, assuming nothing else is changed. The correlation between historical values of Howden Joinery's Sale Purchase Of Stock and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Sale Purchase Of Stock of Howden Joinery Group are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Sale Purchase Of Stock i.e., Howden Joinery's Sale Purchase Of Stock and Free Cash Flow go up and down completely randomly.
Correlation Coefficient | -0.15 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Sale Purchase Of Stock
Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.
Most indicators from Howden Joinery's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Howden Joinery Group 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 Howden Joinery Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
At this time, Howden Joinery's
Selling General Administrative is comparatively stable compared to the past year.
Issuance Of Capital Stock is likely to gain to about 680
K in 2024, whereas
Tax Provision is likely to drop slightly above 57.3
M in 2024.
Howden Joinery fundamental ratios Correlations
Click cells to compare fundamentals
Howden Joinery Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Howden Joinery fundamental ratios Accounts
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Additional Tools for Howden Stock Analysis
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measure Howden Joinery'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 Howden Joinery is operating at the current time. Most of Howden Joinery's value examination focuses on studying past and present price action to
predict the probability of Howden Joinery's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Howden Joinery's price. Additionally, you may evaluate how the addition of Howden Joinery to your portfolios can decrease your overall portfolio volatility.