REAX Stock | | | USD 5.34 0.12 2.30% |
Real Brokerage financial indicator trend analysis is much more than just breaking down Real Brokerage prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Real Brokerage is a good investment. Please check the relationship between Real Brokerage Net Tangible Assets and its Total Current Assets accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Real Brokerage. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
For more information on how to buy Real Stock please use our
How to Invest in Real Brokerage guide.
Net Tangible Assets vs Total Current Assets
Net Tangible Assets vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Real Brokerage Net Tangible Assets account and
Total Current Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Real Brokerage's Net Tangible Assets and Total Current Assets is 0.91. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Real Brokerage, assuming nothing else is changed. The correlation between historical values of Real Brokerage's Net Tangible Assets and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Real Brokerage are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Net Tangible Assets i.e., Real Brokerage's Net Tangible Assets and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.91 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Real Brokerage's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Real Brokerage 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 Real Brokerage. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
For more information on how to buy Real Stock please use our
How to Invest in Real Brokerage guide.At this time, Real Brokerage's
Selling General Administrative is fairly stable compared to the past year.
Enterprise Value is likely to rise to about 117.3
M in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 48.7
K in 2024.
Real Brokerage fundamental ratios Correlations
Click cells to compare fundamentals
Real Brokerage Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Real Brokerage 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.
Additional Tools for Real Stock Analysis
When running Real Brokerage's price analysis, check to
measure Real Brokerage'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 Real Brokerage is operating at the current time. Most of Real Brokerage's value examination focuses on studying past and present price action to
predict the probability of Real Brokerage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Real Brokerage's price. Additionally, you may evaluate how the addition of Real Brokerage to your portfolios can decrease your overall portfolio volatility.