RMAX Stock | | | USD 11.61 0.32 2.83% |
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 Net Debt and its Long Term Investments 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.
Net Debt vs Long Term Investments
Net Debt vs Long Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Re Max Holding Net Debt account and
Long Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Re Max's Net Debt and Long Term Investments is -0.4. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Long Term Investments 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 Net Debt and Long 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 Net Debt of Re Max Holding are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Net Debt i.e., Re Max's Net Debt and Long Term Investments go up and down completely randomly.
Correlation Coefficient | -0.4 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Long Term Investments
Long Term Investments is an item on the asset side of Re Max balance sheet that represents investments Re Max Holding intends to hold for over a year. Re Max Holding long term investments may include different instruments such as stocks, bonds, real estate and cash.
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.