LEMONTREE | | | 128.01 2.34 1.86% |
Lemon Tree financial indicator trend analysis is infinitely more than just investigating Lemon Tree Hotels recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lemon Tree Hotels is a good investment. Please check the relationship between Lemon Tree Common Stock and its Other Current Assets accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lemon Tree Hotels. 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.
Common Stock vs Other Current Assets
Common Stock vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Lemon Tree Hotels Common Stock account and
Other Current Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Lemon Tree's Common Stock and Other Current Assets is 0.42. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Lemon Tree Hotels, assuming nothing else is changed. The correlation between historical values of Lemon Tree's Common Stock and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Lemon Tree Hotels are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Common Stock i.e., Lemon Tree's Common Stock and Other Current Assets go up and down completely randomly.
Correlation Coefficient | 0.42 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Common Stock
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from Lemon Tree's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lemon Tree 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
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lemon Tree Hotels. 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.
As of 11/26/2024,
Tax Provision is likely to grow to about 358.3
M, while
Selling General Administrative is likely to drop slightly above 181.5
M.
Lemon Tree fundamental ratios Correlations
Click cells to compare fundamentals
Lemon Tree Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lemon Tree 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.
Additional Tools for Lemon Stock Analysis
When running Lemon Tree's price analysis, check to
measure Lemon Tree'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 Lemon Tree is operating at the current time. Most of Lemon Tree's value examination focuses on studying past and present price action to
predict the probability of Lemon Tree's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lemon Tree's price. Additionally, you may evaluate how the addition of Lemon Tree to your portfolios can decrease your overall portfolio volatility.