SQFTW Stock | | | USD 0.03 0.0001 0.31% |
Presidio Property financial indicator trend analysis is much more than just breaking down Presidio Property Trust prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Presidio Property Trust is a good investment. Please check the relationship between Presidio Property Long Term Investments and its Retained Earnings accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Presidio Property Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
Long Term Investments vs Retained Earnings
Long Term Investments vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Presidio Property Trust Long Term Investments account and
Retained Earnings. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Presidio Property's Long Term Investments and Retained Earnings is -0.48. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Presidio Property Trust, assuming nothing else is changed. The correlation between historical values of Presidio Property's Long Term Investments 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 Long Term Investments of Presidio Property Trust 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 Long Term Investments i.e., Presidio Property's Long Term Investments and Retained Earnings go up and down completely randomly.
Correlation Coefficient | -0.48 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Long Term Investments
Long Term Investments is an item on the asset side of Presidio Property balance sheet that represents investments Presidio Property Trust intends to hold for over a year. Presidio Property Trust long term investments may include different instruments such as stocks, bonds, real estate and cash.
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 Presidio Property's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Presidio Property Trust 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 Presidio Property Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
At this time, Presidio Property's
Enterprise Value Over EBITDA is fairly stable compared to the past year.
Enterprise Value Multiple is likely to climb to 24.42 in 2024, whereas
Selling General Administrative is likely to drop slightly above 6.5
M in 2024.
Presidio Property fundamental ratios Correlations
Click cells to compare fundamentals
Presidio Property Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Presidio Property fundamental ratios Accounts
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Additional Tools for Presidio Stock Analysis
When running Presidio Property's price analysis, check to
measure Presidio Property'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 Presidio Property is operating at the current time. Most of Presidio Property's value examination focuses on studying past and present price action to
predict the probability of Presidio Property's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Presidio Property's price. Additionally, you may evaluate how the addition of Presidio Property to your portfolios can decrease your overall portfolio volatility.