Solanbridge Other Stockholder Equity vs Retained Earnings Analysis
Solanbridge financial indicator trend analysis is much more than just breaking down Solanbridge Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Solanbridge Group is a good investment. Please check the relationship between Solanbridge Other Stockholder Equity and its Retained Earnings accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Solanbridge Group. 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.
Other Stockholder Equity vs Retained Earnings
Other Stockholder Equity vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Solanbridge Group Other Stockholder Equity account and Retained Earnings. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Solanbridge's Other Stockholder Equity and Retained Earnings is -0.64. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Solanbridge Group, assuming nothing else is changed. The correlation between historical values of Solanbridge's Other Stockholder Equity and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Solanbridge Group are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Other Stockholder Equity i.e., Solanbridge's Other Stockholder Equity and Retained Earnings go up and down completely randomly.
Correlation Coefficient | -0.64 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Other Stockholder Equity
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Most indicators from Solanbridge's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Solanbridge Group 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 Solanbridge Group. 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 drop to about 139.1 K in 2024. Enterprise Value Over EBITDA is likely to drop to -0.0004 in 2024
Solanbridge fundamental ratios Correlations
Click cells to compare fundamentals
Solanbridge Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Also Currently Popular
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 Solanbridge Stock Analysis
When running Solanbridge's price analysis, check to measure Solanbridge'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 Solanbridge is operating at the current time. Most of Solanbridge's value examination focuses on studying past and present price action to predict the probability of Solanbridge's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Solanbridge's price. Additionally, you may evaluate how the addition of Solanbridge to your portfolios can decrease your overall portfolio volatility.