RRX Stock | | | USD 177.37 3.63 2.09% |
Regal Beloit financial indicator trend analysis is much more than just breaking down Regal Beloit prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Regal Beloit is a good investment. Please check the relationship between Regal Beloit Common Stock Shares Outstanding and its Cash accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Regal Beloit. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
For more information on how to buy Regal Stock please use our
How to Invest in Regal Beloit guide.
Common Stock Shares Outstanding vs Cash
Common Stock Shares Outstanding vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Regal Beloit Common Stock Shares Outstanding account and
Cash. At this time, the significance of the direction appears to have strong relationship.
The correlation between Regal Beloit's Common Stock Shares Outstanding and Cash is 0.6. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Cash in the same time period over historical financial statements of Regal Beloit, assuming nothing else is changed. The correlation between historical values of Regal Beloit's Common Stock Shares Outstanding and Cash 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 Shares Outstanding of Regal Beloit are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Common Stock Shares Outstanding i.e., Regal Beloit's Common Stock Shares Outstanding and Cash go up and down completely randomly.
Correlation Coefficient | 0.6 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
Cash
Cash refers to the most liquid asset of Regal Beloit, which is listed under current asset account on Regal Beloit balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Regal Beloit customers. The amounts must be unrestricted with restricted cash listed in a different Regal Beloit account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Regal Beloit's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Regal Beloit 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 Regal Beloit. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
For more information on how to buy Regal Stock please use our
How to Invest in Regal Beloit guide.
Tax Provision is likely to rise to about 71.7
M in 2024.
Enterprise Value Over EBITDA is likely to rise to 17.07 in 2024
Regal Beloit fundamental ratios Correlations
Click cells to compare fundamentals
Regal Beloit Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Regal Beloit fundamental ratios Accounts
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Additional Tools for Regal Stock Analysis
When running Regal Beloit's price analysis, check to
measure Regal Beloit'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 Regal Beloit is operating at the current time. Most of Regal Beloit's value examination focuses on studying past and present price action to
predict the probability of Regal Beloit's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Regal Beloit's price. Additionally, you may evaluate how the addition of Regal Beloit to your portfolios can decrease your overall portfolio volatility.