| SRH Stock | | | 0.04 0.00 0.00% |
Saferoads Holdings financial indicator trend analysis is much more than just breaking down Saferoads Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Saferoads Holdings is a good investment. Please check the relationship between Saferoads Holdings Non Current Assets Total and its Selling General Administrative accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Saferoads Holdings. 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.
Non Current Assets Total vs Selling General Administrative
Non Current Assets Total vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Saferoads Holdings Non Current Assets Total account and
Selling General Administrative. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Saferoads Holdings' Non Current Assets Total and Selling General Administrative is -0.52. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Saferoads Holdings, assuming nothing else is changed. The correlation between historical values of Saferoads Holdings' Non Current Assets Total 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 Non Current Assets Total of Saferoads Holdings 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 Non Current Assets Total i.e., Saferoads Holdings' Non Current Assets Total and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | -0.52 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Selling General Administrative
Most indicators from Saferoads Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Saferoads Holdings 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 Saferoads Holdings. 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 3.9
M in 2024
Saferoads Holdings fundamental ratios Correlations
Click cells to compare fundamentals
Saferoads Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Saferoads Holdings fundamental ratios Accounts
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Additional Tools for Saferoads Stock Analysis
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