RRX Stock | | | USD 172.71 3.05 1.80% |
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 Net Income and its Net Income Per E B T 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.
Net Income vs Net Income Per E B T
Net Income vs Net Income Per E B T Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Regal Beloit Net Income account and
Net Income Per E B T. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Regal Beloit's Net Income and Net Income Per E B T is -0.62. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Net Income Per E B T 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 Net Income and Net Income Per E B T 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 Income of Regal Beloit are associated (or correlated) with its Net Income Per E B T. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income Per E B T has no effect on the direction of Net Income i.e., Regal Beloit's Net Income and Net Income Per E B T go up and down completely randomly.
Correlation Coefficient | -0.62 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Regal Beloit financial statement analysis. It represents the amount of money remaining after all of Regal Beloit operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Net Income Per E B T
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 17.98 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.