| PGZ Stock | | | USD 10.80 0.08 0.75% |
Principal Real financial indicator trend analysis is much more than just breaking down Principal Real Estate prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Principal Real Estate is a good investment. Please check the relationship between Principal Real Other Operating Expenses and its Selling General Administrative accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Principal Real Estate. 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.
Other Operating Expenses vs Selling General Administrative
Other Operating Expenses vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Principal Real Estate Other Operating Expenses account and
Selling General Administrative. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Principal Real's Other Operating Expenses and Selling General Administrative is 0.97. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Principal Real Estate, assuming nothing else is changed. The correlation between historical values of Principal Real's Other Operating Expenses and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Principal Real Estate are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Other Operating Expenses i.e., Principal Real's Other Operating Expenses and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | 0.97 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Principal Real Estate. It is also known as Principal Real overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Selling General Administrative
Most indicators from Principal Real's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Principal Real Estate 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 Principal Real Estate. 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.
Enterprise Value is likely to rise to about 150.1
M in 2024, whereas Selling General Administrative is likely to drop slightly above 803.5
K in 2024.
Principal Real fundamental ratios Correlations
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Principal Real Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Principal Real fundamental ratios Accounts
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