SNEX Stock | | | USD 95.92 2.62 2.66% |
Stonex financial indicator trend analysis is much more than just breaking down Stonex Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Stonex Group is a good investment. Please check the relationship between Stonex Property Plant Equipment and its Net Receivables accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Stonex 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 income.
Property Plant Equipment vs Net Receivables
Property Plant Equipment vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Stonex Group Property Plant Equipment account and
Net Receivables. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Stonex's Property Plant Equipment and Net Receivables is 0.81. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Stonex Group, assuming nothing else is changed. The correlation between historical values of Stonex's Property Plant Equipment and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Stonex Group are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Property Plant Equipment i.e., Stonex's Property Plant Equipment and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.81 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Property Plant Equipment
Net Receivables
Most indicators from Stonex's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Stonex 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 Stonex 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 income.
At this time, Stonex's
Tax Provision is fairly stable compared to the past year.
Enterprise Value is likely to rise to about 13.2
B in 2024, whereas
Selling General Administrative is likely to drop slightly above 56.3
M in 2024.
Stonex fundamental ratios Correlations
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Stonex Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Stonex fundamental ratios Accounts
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Additional Tools for Stonex Stock Analysis
When running Stonex's price analysis, check to
measure Stonex'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 Stonex is operating at the current time. Most of Stonex's value examination focuses on studying past and present price action to
predict the probability of Stonex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stonex's price. Additionally, you may evaluate how the addition of Stonex to your portfolios can decrease your overall portfolio volatility.