| SAGA Stock | | | 113.80 3.00 2.71% |
Saga Plc financial indicator trend analysis is much more than just breaking down Saga plc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Saga plc is a good investment. Please check the relationship between Saga Plc Good Will and its Non Currrent Assets Other accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Saga plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Good Will vs Non Currrent Assets Other
Good Will vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Saga plc Good Will account and
Non Currrent Assets Other. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Saga Plc's Good Will and Non Currrent Assets Other is 0.16. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Saga plc, assuming nothing else is changed. The correlation between historical values of Saga Plc's Good Will and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Saga plc are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Good Will i.e., Saga Plc's Good Will and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | 0.16 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Saga Plc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Saga plc 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
World Market Map to better understand how to build diversified portfolios, which includes a position in Saga plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Selling General Administrative is likely to gain to about 486.6
M in 2024, whereas
Discontinued Operations is likely to drop (9.2
M) in 2024.
Saga Plc fundamental ratios Correlations
Click cells to compare fundamentals
Saga Plc Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Saga Plc fundamental ratios Accounts
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