LCUT Stock | | | USD 5.76 0.08 1.41% |
Lifetime Brands financial indicator trend analysis is infinitely more than just investigating Lifetime Brands recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lifetime Brands is a good investment. Please check the relationship between Lifetime Brands Net Income From Continuing Ops and its Income Tax Expense accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lifetime Brands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in employment.
For more information on how to buy Lifetime Stock please use our
How to Invest in Lifetime Brands guide.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Lifetime Brands Net Income From Continuing Ops account and
Income Tax Expense. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Lifetime Brands' Net Income From Continuing Ops and Income Tax Expense is 0.47. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Lifetime Brands, assuming nothing else is changed. The correlation between historical values of Lifetime Brands' Net Income From Continuing Ops and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income From Continuing Ops of Lifetime Brands are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Net Income From Continuing Ops i.e., Lifetime Brands' Net Income From Continuing Ops and Income Tax Expense go up and down completely randomly.
Correlation Coefficient | 0.47 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Most indicators from Lifetime Brands' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lifetime Brands 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
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lifetime Brands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in employment.
For more information on how to buy Lifetime Stock please use our
How to Invest in Lifetime Brands guide.At this time, Lifetime Brands'
Tax Provision is comparatively stable compared to the past year.
Sales General And Administrative To Revenue is likely to gain to 0.31 in 2024, whereas
Selling General Administrative is likely to drop slightly above 117.2
M in 2024.
When running Lifetime Brands' price analysis, check to
measure Lifetime Brands' 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 Lifetime Brands is operating at the current time. Most of Lifetime Brands' value examination focuses on studying past and present price action to
predict the probability of Lifetime Brands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lifetime Brands' price. Additionally, you may evaluate how the addition of Lifetime Brands to your portfolios can decrease your overall portfolio volatility.