RMAX Stock | | | USD 13.23 1.62 13.95% |
Re Max financial indicator trend analysis is much more than just breaking down Re Max Holding prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Re Max Holding is a good investment. Please check the relationship between Re Max Current Deferred Revenue and its Common Stock Shares Outstanding accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Re Max Holding. 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.
Current Deferred Revenue vs Common Stock Shares Outstanding
Current Deferred Revenue vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Re Max Holding Current Deferred Revenue account and
Common Stock Shares Outstanding. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Re Max's Current Deferred Revenue and Common Stock Shares Outstanding is -0.28. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Re Max Holding, assuming nothing else is changed. The correlation between historical values of Re Max's Current Deferred Revenue and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Re Max Holding are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Current Deferred Revenue i.e., Re Max's Current Deferred Revenue and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | -0.28 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Re Max's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Re Max Holding 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 Re Max Holding. 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.
At this time, Re Max's
Tax Provision is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to rise to 0.57 in 2024, whereas
Selling General Administrative is likely to drop slightly above 136.7
M in 2024.
Re Max fundamental ratios Correlations
Click cells to compare fundamentals
Re Max Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Re Max fundamental ratios Accounts
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Additional Tools for RMAX Stock Analysis
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measure Re Max'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 Re Max is operating at the current time. Most of Re Max's value examination focuses on studying past and present price action to
predict the probability of Re Max's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Re Max's price. Additionally, you may evaluate how the addition of Re Max to your portfolios can decrease your overall portfolio volatility.