TOUCHWOOD | | | 136.13 1.12 0.83% |
Touchwood Entertainment financial indicator trend analysis is much more than just breaking down Touchwood Entertainment prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Touchwood Entertainment is a good investment. Please check the relationship between Touchwood Entertainment Net Income and its Sale Purchase Of Stock accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Touchwood Entertainment Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in rate.
Net Income vs Sale Purchase Of Stock
Net Income vs Sale Purchase Of Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Touchwood Entertainment Net Income account and
Sale Purchase Of Stock. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Touchwood Entertainment's Net Income and Sale Purchase Of Stock is 0.56. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Sale Purchase Of Stock in the same time period over historical financial statements of Touchwood Entertainment Limited, assuming nothing else is changed. The correlation between historical values of Touchwood Entertainment's Net Income and Sale Purchase Of Stock 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 Touchwood Entertainment Limited are associated (or correlated) with its Sale Purchase Of Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Sale Purchase Of Stock has no effect on the direction of Net Income i.e., Touchwood Entertainment's Net Income and Sale Purchase Of Stock go up and down completely randomly.
Correlation Coefficient | 0.56 |
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 Touchwood Entertainment financial statement analysis. It represents the amount of money remaining after all of Touchwood Entertainment Limited operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Sale Purchase Of Stock
Most indicators from Touchwood Entertainment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Touchwood Entertainment 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 Touchwood Entertainment Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in rate.
As of the 1st of December 2024,
Selling General Administrative is likely to drop to about 23.5
M. In addition to that,
Tax Provision is likely to drop to about 8.7
MTouchwood Entertainment fundamental ratios Correlations
Click cells to compare fundamentals
Touchwood Entertainment Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Touchwood Entertainment 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.
Other Information on Investing in Touchwood Stock
Balance Sheet is a snapshot of the
financial position of Touchwood Entertainment at a specified time, usually calculated after every quarter, six months, or one year. Touchwood Entertainment Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Touchwood Entertainment and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Touchwood currently owns. An asset can also be divided into two categories, current and non-current.