PYRAMID Stock | | | 166.57 1.90 1.15% |
PYRAMID TECHNOPLAST financial indicator trend analysis is much more than just breaking down PYRAMID TECHNOPLAST ORD prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PYRAMID TECHNOPLAST ORD is a good investment. Please check the relationship between PYRAMID TECHNOPLAST Total Operating Expenses and its Income Before Tax accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in PYRAMID TECHNOPLAST ORD. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
Total Operating Expenses vs Income Before Tax
Total Operating Expenses vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
PYRAMID TECHNOPLAST ORD Total Operating Expenses account and
Income Before Tax. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between PYRAMID TECHNOPLAST's Total Operating Expenses and Income Before Tax is -0.35. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of PYRAMID TECHNOPLAST ORD, assuming nothing else is changed. The correlation between historical values of PYRAMID TECHNOPLAST's Total Operating Expenses and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Operating Expenses of PYRAMID TECHNOPLAST ORD are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Total Operating Expenses i.e., PYRAMID TECHNOPLAST's Total Operating Expenses and Income Before Tax go up and down completely randomly.
Correlation Coefficient | -0.35 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on PYRAMID TECHNOPLAST income statement and is an important metric when analyzing PYRAMID TECHNOPLAST ORD profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Most indicators from PYRAMID TECHNOPLAST's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PYRAMID TECHNOPLAST ORD 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 PYRAMID TECHNOPLAST ORD. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
The current year's
Selling General Administrative is expected to grow to about 257.6
MPYRAMID TECHNOPLAST fundamental ratios Correlations
Click cells to compare fundamentals
PYRAMID TECHNOPLAST Account Relationship Matchups
High Positive Relationship
High Negative Relationship
PYRAMID TECHNOPLAST 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 PYRAMID Stock
Balance Sheet is a snapshot of the
financial position of PYRAMID TECHNOPLAST ORD at a specified time, usually calculated after every quarter, six months, or one year. PYRAMID TECHNOPLAST Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of PYRAMID TECHNOPLAST 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 PYRAMID currently owns. An asset can also be divided into two categories, current and non-current.