PCT Stock | | | 332.00 7.50 2.21% |
Polar Capital financial indicator trend analysis is much more than just breaking down Polar Capital Technology prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Polar Capital Technology is a good investment. Please check the relationship between Polar Capital Research Development and its Total Revenue accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Polar Capital Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Research Development vs Total Revenue
Research Development vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Polar Capital Technology Research Development account and
Total Revenue. At this time, the significance of the direction appears to have very week relationship.
The correlation between Polar Capital's Research Development and Total Revenue is 0.29. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Polar Capital Technology, assuming nothing else is changed. The correlation between historical values of Polar Capital's Research Development and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Research Development of Polar Capital Technology are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Research Development i.e., Polar Capital's Research Development and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.29 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Research Development
Total Revenue
Total revenue comprises all receipts Polar Capital Technology generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Polar Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Polar Capital Technology 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
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Polar Capital Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
The current year's
Tax Provision is expected to grow to about 2
M, whereas
Selling General Administrative is forecasted to decline to about 1.1
M.
| 2023 | 2024 (projected) |
Research Development | 273.7K | 245.9K | Interest Income | 6.4M | 6.8M |
Polar Capital fundamental ratios Correlations
Click cells to compare fundamentals
Polar Capital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Polar Capital 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.
Other Information on Investing in Polar Stock
Balance Sheet is a snapshot of the
financial position of Polar Capital Technology at a specified time, usually calculated after every quarter, six months, or one year. Polar Capital Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Polar Capital and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Polar currently owns. An asset can also be divided into two categories, current and non-current.