SMDS Stock | | | 582.50 0.50 0.09% |
DS Smith financial indicator trend analysis is much more than just examining DS Smith PLC latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DS Smith PLC is a good investment. Please check the relationship between DS Smith Net Income From Continuing Ops and its Selling General Administrative accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in DS Smith 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.
Net Income From Continuing Ops vs Selling General Administrative
Net Income From Continuing Ops vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
DS Smith PLC Net Income From Continuing Ops account and
Selling General Administrative. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between DS Smith's Net Income From Continuing Ops and Selling General Administrative is 0.58. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of DS Smith PLC, assuming nothing else is changed. The correlation between historical values of DS Smith's Net Income From Continuing Ops and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income From Continuing Ops of DS Smith PLC are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Net Income From Continuing Ops i.e., DS Smith's Net Income From Continuing Ops and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | 0.58 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Net Income From Continuing Ops
Selling General Administrative
Most indicators from DS Smith's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DS Smith 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 DS Smith 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 1.5
B in 2024, whereas
Discontinued Operations is likely to drop slightly above 13.1
M in 2024.
DS Smith fundamental ratios Correlations
Click cells to compare fundamentals
DS Smith Account Relationship Matchups
High Positive Relationship
High Negative Relationship
DS Smith fundamental ratios Accounts
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