| TCS Stock | | | USD 3.97 0.09 2.32% |
Container Store financial indicator trend analysis is way more than just evaluating Container Store Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Container Store Group is a good investment. Please check the relationship between Container Store Total Stockholder Equity and its Non Currrent Assets Other accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Container Store 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 main economic indicators.
Total Stockholder Equity vs Non Currrent Assets Other
Total Stockholder Equity vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Container Store Group Total Stockholder Equity account and
Non Currrent Assets Other. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Container Store's Total Stockholder Equity and Non Currrent Assets Other is -0.07. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Container Store Group, assuming nothing else is changed. The correlation between historical values of Container Store's Total Stockholder Equity and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Container Store Group are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Total Stockholder Equity i.e., Container Store's Total Stockholder Equity and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | -0.07 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Container Store's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Container Store 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 Container Store 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 main economic indicators.
At this time, Container Store's
Selling General Administrative is comparatively stable compared to the past year.
Enterprise Value Over EBITDA is likely to gain to 7.73 in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.48 in 2024.
Container Store fundamental ratios Correlations
Click cells to compare fundamentals
Container Store Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Container Store fundamental ratios Accounts
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for Container Stock Analysis
When running Container Store's price analysis, check to
measure Container Store'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 Container Store is operating at the current time. Most of Container Store's value examination focuses on studying past and present price action to
predict the probability of Container Store's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Container Store's price. Additionally, you may evaluate how the addition of Container Store to your portfolios can decrease your overall portfolio volatility.