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 Receivables and its Property Plant Equipment 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 Receivables vs Property Plant Equipment
Net Receivables vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Lords Grp Trading Net Receivables account and
Property Plant Equipment. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Lords Grp's Net Receivables and Property Plant Equipment is 0.84. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Property Plant Equipment 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 Receivables and Property Plant Equipment 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 Receivables of Lords Grp Trading are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Net Receivables i.e., Lords Grp's Net Receivables and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.84 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Net Receivables
Property Plant Equipment
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
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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.