| PHP Stock | | | 95.25 0.10 0.10% |
Primary Health financial indicator trend analysis is much more than just breaking down Primary Health Properties prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Primary Health Properties is a good investment. Please check the relationship between Primary Health Common Stock and its Cash And Short Term Investments accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Primary Health Properties. 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.
Common Stock vs Cash And Short Term Investments
Common Stock vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Primary Health Properties Common Stock account and
Cash And Short Term Investments. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Primary Health's Common Stock and Cash And Short Term Investments is 0.45. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Primary Health Properties, assuming nothing else is changed. The correlation between historical values of Primary Health's Common Stock and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Primary Health Properties are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Common Stock i.e., Primary Health's Common Stock and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.45 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Common Stock
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Primary Health Properties balance sheet. This account contains Primary Health investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Primary Health Properties fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from Primary Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Primary Health Properties 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 Primary Health Properties. 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
Selling General Administrative is expected to grow to about 12.9
M, whereas
Tax Provision is projected to grow to (1.1
M).
Primary Health fundamental ratios Correlations
Click cells to compare fundamentals
Primary Health Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Primary Health fundamental ratios Accounts
Also Currently Popular
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 Primary Stock
Balance Sheet is a snapshot of the
financial position of Primary Health Properties at a specified time, usually calculated after every quarter, six months, or one year. Primary Health Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Primary Health 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 Primary currently owns. An asset can also be divided into two categories, current and non-current.