INCH Stock | | | 784.50 8.00 1.03% |
Inchcape PLC financial indicator trend analysis is infinitely more than just investigating Inchcape PLC recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Inchcape PLC is a good investment. Please check the relationship between Inchcape PLC Total Stockholder Equity and its Common Stock accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Inchcape PLC. 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.
Total Stockholder Equity vs Common Stock
Total Stockholder Equity vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Inchcape PLC Total Stockholder Equity account and
Common Stock. At this time, the significance of the direction appears to have pay attention.
The correlation between Inchcape PLC's Total Stockholder Equity and Common Stock is -0.82. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Common Stock in the same time period over historical financial statements of Inchcape PLC, assuming nothing else is changed. The correlation between historical values of Inchcape PLC's Total Stockholder Equity and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Inchcape PLC are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Total Stockholder Equity i.e., Inchcape PLC's Total Stockholder Equity and Common Stock go up and down completely randomly.
Correlation Coefficient | -0.82 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Common Stock
Most indicators from Inchcape PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Inchcape PLC 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 Inchcape PLC. 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.
Selling General Administrative is likely to drop to about 515.2
M in 2024.
Tax Provision is likely to drop to about 86.6
M in 2024
Inchcape PLC fundamental ratios Correlations
Click cells to compare fundamentals
Inchcape PLC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Inchcape PLC fundamental ratios Accounts
Also Currently Popular
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.
Additional Tools for Inchcape Stock Analysis
When running Inchcape PLC's price analysis, check to
measure Inchcape PLC'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 Inchcape PLC is operating at the current time. Most of Inchcape PLC's value examination focuses on studying past and present price action to
predict the probability of Inchcape PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Inchcape PLC's price. Additionally, you may evaluate how the addition of Inchcape PLC to your portfolios can decrease your overall portfolio volatility.