SLQT Stock | | | USD 2.61 0.06 2.35% |
Selectquote financial indicator trend analysis is much more than just breaking down Selectquote prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Selectquote is a good investment. Please check the relationship between Selectquote Common Stock and its Capital Surpluse accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Selectquote. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in producer price index.
For more information on how to buy Selectquote Stock please use our
How to Invest in Selectquote guide.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Selectquote Common Stock account and
Capital Surpluse. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Selectquote's Common Stock and Capital Surpluse is 0.97. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Capital Surpluse in the same time period over historical financial statements of Selectquote, assuming nothing else is changed. The correlation between historical values of Selectquote's Common Stock and Capital Surpluse is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Selectquote are associated (or correlated) with its Capital Surpluse. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Surpluse has no effect on the direction of Common Stock i.e., Selectquote's Common Stock and Capital Surpluse go up and down completely randomly.
Correlation Coefficient | 0.97 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Most indicators from Selectquote's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Selectquote 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 Selectquote. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in producer price index.
For more information on how to buy Selectquote Stock please use our
How to Invest in Selectquote guide.At this time, Selectquote's
Tax Provision is comparatively stable compared to the past year.
Sales General And Administrative To Revenue is likely to gain to 0.11 in 2024, whereas
Enterprise Value Multiple is likely to drop 15.02 in 2024.
When running Selectquote's price analysis, check to
measure Selectquote'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 Selectquote is operating at the current time. Most of Selectquote's value examination focuses on studying past and present price action to
predict the probability of Selectquote's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Selectquote's price. Additionally, you may evaluate how the addition of Selectquote to your portfolios can decrease your overall portfolio volatility.