TACT Stock | | | USD 4.16 0.01 0.24% |
TransAct Technologies financial indicator trend analysis is much more than just breaking down TransAct Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TransAct Technologies is a good investment. Please check the relationship between TransAct Technologies Change To Liabilities and its Change To Operating Activities accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in TransAct Technologies Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
TransAct Technologies Change To Liabilities account and
Change To Operating Activities. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between TransAct Technologies' Change To Liabilities and Change To Operating Activities is -0.43. Overlapping area represents the amount of variation of Change To Liabilities that can explain the historical movement of Change To Operating Activities in the same time period over historical financial statements of TransAct Technologies Incorporated, assuming nothing else is changed. The correlation between historical values of TransAct Technologies' Change To Liabilities and Change To Operating Activities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Liabilities of TransAct Technologies Incorporated are associated (or correlated) with its Change To Operating Activities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Operating Activities has no effect on the direction of Change To Liabilities i.e., TransAct Technologies' Change To Liabilities and Change To Operating Activities go up and down completely randomly.
Correlation Coefficient | -0.43 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Most indicators from TransAct Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TransAct Technologies 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 TransAct Technologies Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
At this time, TransAct Technologies'
Tax Provision is comparatively stable compared to the past year.
Enterprise Value is likely to gain to about 199.9
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 10.1
M in 2024.
When running TransAct Technologies' price analysis, check to
measure TransAct Technologies' 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 TransAct Technologies is operating at the current time. Most of TransAct Technologies' value examination focuses on studying past and present price action to
predict the probability of TransAct Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TransAct Technologies' price. Additionally, you may evaluate how the addition of TransAct Technologies to your portfolios can decrease your overall portfolio volatility.