SGRY Stock | | | USD 23.84 0.43 1.84% |
Surgery Partners financial indicator trend analysis is much more than just breaking down Surgery Partners prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Surgery Partners is a good investment. Please check the relationship between Surgery Partners Cash Per Share and its Net Income Per Share accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Surgery Partners. 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 Surgery Stock please use our
How to Invest in Surgery Partners guide.
Cash Per Share vs Net Income Per Share
Cash Per Share vs Net Income Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Surgery Partners Cash Per Share account and
Net Income Per Share. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Surgery Partners' Cash Per Share and Net Income Per Share is -0.11. Overlapping area represents the amount of variation of Cash Per Share that can explain the historical movement of Net Income Per Share in the same time period over historical financial statements of Surgery Partners, assuming nothing else is changed. The correlation between historical values of Surgery Partners' Cash Per Share and Net Income Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash Per Share of Surgery Partners are associated (or correlated) with its Net Income Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income Per Share has no effect on the direction of Cash Per Share i.e., Surgery Partners' Cash Per Share and Net Income Per Share go up and down completely randomly.
Correlation Coefficient | -0.11 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Cash Per Share
Net Income Per Share
Most indicators from Surgery Partners' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Surgery Partners 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 Surgery Partners. 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 Surgery Stock please use our
How to Invest in Surgery Partners guide.At this time, Surgery Partners'
Tax Provision is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to rise to 0.07 in 2024, whereas
Selling General Administrative is likely to drop slightly above 80.8
M in 2024.
Surgery Partners fundamental ratios Correlations
Click cells to compare fundamentals
Surgery Partners Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Surgery Partners fundamental ratios Accounts
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Additional Tools for Surgery Stock Analysis
When running Surgery Partners' price analysis, check to
measure Surgery Partners' 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 Surgery Partners is operating at the current time. Most of Surgery Partners' value examination focuses on studying past and present price action to
predict the probability of Surgery Partners' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Surgery Partners' price. Additionally, you may evaluate how the addition of Surgery Partners to your portfolios can decrease your overall portfolio volatility.