IHS Stock | | | USD 2.87 0.08 2.87% |
IHS Holding financial indicator trend analysis is infinitely more than just investigating IHS Holding recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether IHS Holding is a good investment. Please check the relationship between IHS Holding Ebit and its Ebitda accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IHS Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in rate.
For more information on how to buy IHS Stock please use our
How to Invest in IHS Holding guide.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
IHS Holding Ebit account and
Ebitda. At this time, the significance of the direction appears to have almost identical trend.
The correlation between IHS Holding's Ebit and Ebitda is 0.97. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Ebitda in the same time period over historical financial statements of IHS Holding, assuming nothing else is changed. The correlation between historical values of IHS Holding's Ebit and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of IHS Holding are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Ebit i.e., IHS Holding's Ebit and Ebitda go up and down completely randomly.
Correlation Coefficient | 0.97 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Most indicators from IHS Holding's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into IHS Holding 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 IHS Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in rate.
For more information on how to buy IHS Stock please use our
How to Invest in IHS Holding guide.At this time, IHS Holding's
Tax Provision is comparatively stable compared to the past year.
Sales General And Administrative To Revenue is likely to gain to 0.30 in 2024, whereas
Selling General Administrative is likely to drop slightly above 361.1
M in 2024.
When running IHS Holding's price analysis, check to
measure IHS Holding'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 IHS Holding is operating at the current time. Most of IHS Holding's value examination focuses on studying past and present price action to
predict the probability of IHS Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IHS Holding's price. Additionally, you may evaluate how the addition of IHS Holding to your portfolios can decrease your overall portfolio volatility.