| SAIN Stock | | | 494.50 3.00 0.61% |
Scottish American financial indicator trend analysis is much more than just breaking down Scottish American prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Scottish American is a good investment. Please check the relationship between Scottish American Ebit and its Net Income accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Scottish American Investment. 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.
Ebit vs Net Income
Ebit vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Scottish American Ebit account and
Net Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between Scottish American's Ebit and Net Income is 0.65. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Net Income in the same time period over historical financial statements of Scottish American Investment, assuming nothing else is changed. The correlation between historical values of Scottish American's Ebit and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of Scottish American Investment are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Ebit i.e., Scottish American's Ebit and Net Income go up and down completely randomly.
Correlation Coefficient | 0.65 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Ebit
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Scottish American financial statement analysis. It represents the amount of money remaining after all of Scottish American Investment operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Scottish American's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Scottish American 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 Scottish American Investment. 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 1.6
M in 2025, whereas
Tax Provision is likely to drop slightly above 1.6
M in 2025.
Scottish American fundamental ratios Correlations
Click cells to compare fundamentals
Scottish American Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Scottish American fundamental ratios Accounts
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Additional Tools for Scottish Stock Analysis
When running Scottish American's price analysis, check to
measure Scottish American'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 Scottish American is operating at the current time. Most of Scottish American's value examination focuses on studying past and present price action to
predict the probability of Scottish American's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Scottish American's price. Additionally, you may evaluate how the addition of Scottish American to your portfolios can decrease your overall portfolio volatility.