IHG Stock | | | 9,800 8.00 0.08% |
InterContinental financial indicator trend analysis is infinitely more than just investigating InterContinental Hotels recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether InterContinental Hotels is a good investment. Please check the relationship between InterContinental Inventory and its Good Will accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in InterContinental Hotels 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 bureau of economic analysis.
Inventory vs Good Will
Inventory vs Good Will Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
InterContinental Hotels Inventory account and
Good Will. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between InterContinental's Inventory and Good Will is -0.09. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Good Will in the same time period over historical financial statements of InterContinental Hotels Group, assuming nothing else is changed. The correlation between historical values of InterContinental's Inventory and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of InterContinental Hotels Group are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Inventory i.e., InterContinental's Inventory and Good Will go up and down completely randomly.
Correlation Coefficient | -0.09 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Inventory
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from InterContinental's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into InterContinental Hotels 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 InterContinental Hotels 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 bureau of economic analysis.
As of November 30, 2024,
Selling General Administrative is expected to decline to about 289.5
M. In addition to that,
Tax Provision is expected to decline to about 144.1
MInterContinental fundamental ratios Correlations
Click cells to compare fundamentals
InterContinental Account Relationship Matchups
High Positive Relationship
High Negative Relationship
InterContinental fundamental ratios Accounts
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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.
When determining whether InterContinental Hotels is a strong investment it is important to analyze InterContinental's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact InterContinental's
future performance.
For an informed investment choice regarding InterContinental Stock, refer to the following important reports: Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in InterContinental Hotels 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 bureau of economic analysis.
You can also try the
Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Please note, there is a significant difference between InterContinental's value and its price as these two are different measures arrived at by different means. Investors typically determine if InterContinental is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, InterContinental's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.