SRP Stock | | | 157.70 1.70 1.09% |
Serco financial indicator trend analysis is much more than just breaking down Serco Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Serco Group is a good investment. Please check the relationship between Serco Other Stockholder Equity and its Common Stock Total Equity accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Serco 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 bureau of economic analysis.
Other Stockholder Equity vs Common Stock Total Equity
Other Stockholder Equity vs Common Stock Total Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Serco Group Other Stockholder Equity account and
Common Stock Total Equity. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Serco's Other Stockholder Equity and Common Stock Total Equity is 0.58. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of Serco Group, assuming nothing else is changed. The correlation between historical values of Serco's Other Stockholder Equity and Common Stock Total Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Serco Group are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Other Stockholder Equity i.e., Serco's Other Stockholder Equity and Common Stock Total Equity go up and down completely randomly.
Correlation Coefficient | 0.58 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Other Stockholder Equity
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Most indicators from Serco's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Serco 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 Serco 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 bureau of economic analysis.
At present, Serco's
Tax Provision is projected to increase significantly based on the last few years of reporting.
Serco fundamental ratios Correlations
Click cells to compare fundamentals
Serco Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Serco fundamental ratios Accounts
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Other Information on Investing in Serco Stock
Balance Sheet is a snapshot of the
financial position of Serco Group at a specified time, usually calculated after every quarter, six months, or one year. Serco Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Serco and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Serco currently owns. An asset can also be divided into two categories, current and non-current.