| NGS Stock | | | USD 27.88 0.65 2.39% |
Natural Gas financial indicator trend analysis is infinitely more than just investigating Natural Gas Services recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Natural Gas Services is a good investment. Please check the relationship between Natural Gas Selling And Marketing Expenses and its Non Recurring accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Natural Gas Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in price.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Natural Gas Services Selling And Marketing Expenses account and
Non Recurring. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Natural Gas' Selling And Marketing Expenses and Non Recurring is -0.3. Overlapping area represents the amount of variation of Selling And Marketing Expenses that can explain the historical movement of Non Recurring in the same time period over historical financial statements of Natural Gas Services, assuming nothing else is changed. The correlation between historical values of Natural Gas' Selling And Marketing Expenses and Non Recurring is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling And Marketing Expenses of Natural Gas Services are associated (or correlated) with its Non Recurring. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Recurring has no effect on the direction of Selling And Marketing Expenses i.e., Natural Gas' Selling And Marketing Expenses and Non Recurring go up and down completely randomly.
Correlation Coefficient | -0.3 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Most indicators from Natural Gas' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Natural Gas Services 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 Natural Gas Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in price.
At this time, Natural Gas'
Selling General Administrative is comparatively stable compared to the past year.
Tax Provision is likely to gain to about 1.8
M in 2024, whereas
Enterprise Value Multiple is likely to drop 9.44 in 2024.
When running Natural Gas' price analysis, check to
measure Natural Gas' 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 Natural Gas is operating at the current time. Most of Natural Gas' value examination focuses on studying past and present price action to
predict the probability of Natural Gas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Natural Gas' price. Additionally, you may evaluate how the addition of Natural Gas to your portfolios can decrease your overall portfolio volatility.