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 Property Plant And Equipment Net and its Non Current Assets Total 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.
Property Plant And Equipment Net vs Non Current Assets Total
Property Plant And Equipment Net vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
InterContinental Hotels Property Plant And Equipment Net account and
Non Current Assets Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between InterContinental's Property Plant And Equipment Net and Non Current Assets Total is 0.82. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Non Current Assets Total 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 Property Plant And Equipment Net and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of InterContinental Hotels Group are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Property Plant And Equipment Net i.e., InterContinental's Property Plant And Equipment Net and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | 0.82 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
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
Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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.