STKS Stock | | | USD 3.43 0.13 3.94% |
One Group financial indicator trend analysis is much more than just breaking down One Group Hospitality prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether One Group Hospitality is a good investment. Please check the relationship between One Group Net Income and its Discontinued Operations accounts. Check out
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signals in industry.
Net Income vs Discontinued Operations
Net Income vs Discontinued Operations Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
One Group Hospitality Net Income account and
Discontinued Operations. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between One Group's Net Income and Discontinued Operations is 0.52. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Discontinued Operations in the same time period over historical financial statements of One Group Hospitality, assuming nothing else is changed. The correlation between historical values of One Group's Net Income and Discontinued Operations is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of One Group Hospitality are associated (or correlated) with its Discontinued Operations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Discontinued Operations has no effect on the direction of Net Income i.e., One Group's Net Income and Discontinued Operations go up and down completely randomly.
Correlation Coefficient | 0.52 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in One Group Hospitality financial statement analysis. It represents the amount of money remaining after all of One Group Hospitality operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Discontinued Operations
Most indicators from One Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into One Group Hospitality 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 One Group Hospitality. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in industry.
At this time, One Group's
Selling General Administrative is comparatively stable compared to the past year. Discontinued Operations is likely to gain to about 479.4
K in 2024, whereas
Tax Provision is likely to drop (77.7
K) in 2024.
One Group fundamental ratios Correlations
Click cells to compare fundamentals
One Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
One Group fundamental ratios Accounts
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