SUPR Stock | | | 71.30 0.30 0.42% |
Supermarket Income financial indicator trend analysis is much more than just breaking down Supermarket Income REIT prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Supermarket Income REIT is a good investment. Please check the relationship between Supermarket Income Current Deferred Revenue and its Inventory accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Supermarket Income REIT. 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.
Current Deferred Revenue vs Inventory
Current Deferred Revenue vs Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Supermarket Income REIT Current Deferred Revenue account and
Inventory. At this time, the significance of the direction appears to have pay attention.
The correlation between Supermarket Income's Current Deferred Revenue and Inventory is -0.71. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Inventory in the same time period over historical financial statements of Supermarket Income REIT, assuming nothing else is changed. The correlation between historical values of Supermarket Income's Current Deferred Revenue and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Supermarket Income REIT are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Current Deferred Revenue i.e., Supermarket Income's Current Deferred Revenue and Inventory go up and down completely randomly.
Correlation Coefficient | -0.71 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Inventory
Most indicators from Supermarket Income's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Supermarket Income REIT 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 Supermarket Income REIT. 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.
Tax Provision is likely to gain to about (133
K) in 2024.
Selling General Administrative is likely to drop to about 3.5
M in 2024
Supermarket Income fundamental ratios Correlations
Click cells to compare fundamentals
Supermarket Income Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Supermarket Income fundamental ratios Accounts
Also Currently Popular
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.
Additional Tools for Supermarket Stock Analysis
When running Supermarket Income's price analysis, check to
measure Supermarket Income'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 Supermarket Income is operating at the current time. Most of Supermarket Income's value examination focuses on studying past and present price action to
predict the probability of Supermarket Income's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Supermarket Income's price. Additionally, you may evaluate how the addition of Supermarket Income to your portfolios can decrease your overall portfolio volatility.