SST Stock | | | 13.80 0.00 0.00% |
Steamships Trading financial indicator trend analysis is much more than just breaking down Steamships Trading prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Steamships Trading is a good investment. Please check the relationship between Steamships Trading Non Current Liabilities Total and its Property Plant And Equipment Gross accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Steamships Trading. 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.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Steamships Trading Non Current Liabilities Total account and
Property Plant And Equipment Gross. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Steamships Trading's Non Current Liabilities Total and Property Plant And Equipment Gross is 0.19. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Property Plant And Equipment Gross in the same time period over historical financial statements of Steamships Trading, assuming nothing else is changed. The correlation between historical values of Steamships Trading's Non Current Liabilities Total and Property Plant And Equipment Gross 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 Liabilities Total of Steamships Trading are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Non Current Liabilities Total i.e., Steamships Trading's Non Current Liabilities Total and Property Plant And Equipment Gross go up and down completely randomly.
Correlation Coefficient | 0.19 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Most indicators from Steamships Trading's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Steamships Trading 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 Steamships Trading. 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.
Discontinued Operations is likely to gain to about 10.9
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 127.4
M in 2024.
When running Steamships Trading's price analysis, check to
measure Steamships Trading'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 Steamships Trading is operating at the current time. Most of Steamships Trading's value examination focuses on studying past and present price action to
predict the probability of Steamships Trading's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Steamships Trading's price. Additionally, you may evaluate how the addition of Steamships Trading to your portfolios can decrease your overall portfolio volatility.