| NRT Stock | | | USD 4.08 0.01 0.24% |
North European financial indicator trend analysis is infinitely more than just investigating North European Oil recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether North European Oil is a good investment. Please check the relationship between North European Begin Period Cash Flow and its Change To Netincome accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in North European Oil. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
Begin Period Cash Flow vs Change To Netincome
Begin Period Cash Flow vs Change To Netincome Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
North European Oil Begin Period Cash Flow account and
Change To Netincome. At this time, the significance of the direction appears to have very week relationship.
The correlation between North European's Begin Period Cash Flow and Change To Netincome is 0.29. Overlapping area represents the amount of variation of Begin Period Cash Flow that can explain the historical movement of Change To Netincome in the same time period over historical financial statements of North European Oil, assuming nothing else is changed. The correlation between historical values of North European's Begin Period Cash Flow and Change To Netincome is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Begin Period Cash Flow of North European Oil are associated (or correlated) with its Change To Netincome. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Netincome has no effect on the direction of Begin Period Cash Flow i.e., North European's Begin Period Cash Flow and Change To Netincome go up and down completely randomly.
Correlation Coefficient | 0.29 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.
Change To Netincome
Most indicators from North European's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into North European Oil 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 North European Oil. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
At this time, North European's
Sales General And Administrative To Revenue is comparatively stable compared to the past year.
Enterprise Value is likely to gain to about 175.4
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 897.6
K in 2024.
North European fundamental ratios Correlations
Click cells to compare fundamentals
North European Account Relationship Matchups
High Positive Relationship
High Negative Relationship
North European fundamental ratios Accounts
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Additional Tools for North Stock Analysis
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measure North European'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 North European is operating at the current time. Most of North European's value examination focuses on studying past and present price action to
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