LORD Stock | | | 36.20 0.30 0.82% |
Lords Grp financial indicator trend analysis is infinitely more than just investigating Lords Grp Trading recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lords Grp Trading is a good investment. Please check the relationship between Lords Grp Net Debt and its Cash And Short Term Investments accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lords Grp Trading. 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.
Net Debt vs Cash And Short Term Investments
Net Debt vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Lords Grp Trading Net Debt account and
Cash And Short Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between Lords Grp's Net Debt and Cash And Short Term Investments is 0.76. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Lords Grp Trading, assuming nothing else is changed. The correlation between historical values of Lords Grp's Net Debt and Cash And Short Term Investments 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 Debt of Lords Grp Trading are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Net Debt i.e., Lords Grp's Net Debt and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.76 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Lords Grp Trading balance sheet. This account contains Lords Grp investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Lords Grp Trading fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from Lords Grp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lords Grp Trading 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 Lords Grp Trading. 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.
Tax Provision is likely to gain to about 1.5
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 42.3
M in 2024.
Lords Grp fundamental ratios Correlations
Click cells to compare fundamentals
Lords Grp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lords Grp 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 Lords Stock Analysis
When running Lords Grp's price analysis, check to
measure Lords Grp'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 Lords Grp is operating at the current time. Most of Lords Grp's value examination focuses on studying past and present price action to
predict the probability of Lords Grp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lords Grp's price. Additionally, you may evaluate how the addition of Lords Grp to your portfolios can decrease your overall portfolio volatility.