TREX Stock | | | USD 77.10 4.85 6.71% |
Trex financial indicator trend analysis is much more than just breaking down Trex Company prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Trex Company is a good investment. Please check the relationship between Trex Treasury Stock and its Retained Earnings accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Trex Company. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
Treasury Stock vs Retained Earnings
Treasury Stock vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Trex Company Treasury Stock account and
Retained Earnings. At this time, the significance of the direction appears to have pay attention.
The correlation between Trex's Treasury Stock and Retained Earnings is -0.91. Overlapping area represents the amount of variation of Treasury Stock that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Trex Company, assuming nothing else is changed. The correlation between historical values of Trex's Treasury Stock and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Treasury Stock of Trex Company are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Treasury Stock i.e., Trex's Treasury Stock and Retained Earnings go up and down completely randomly.
Correlation Coefficient | -0.91 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Treasury Stock
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from Trex's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Trex Company 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 Trex Company. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
At this time, Trex's
Sales General And Administrative To Revenue is fairly stable compared to the past year.
Enterprise Value is likely to rise to about 9.5
B in 2024, whereas
Selling General Administrative is likely to drop slightly above 67
M in 2024.
Trex fundamental ratios Correlations
Click cells to compare fundamentals
Trex Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Trex fundamental ratios Accounts
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Additional Tools for Trex Stock Analysis
When running Trex's price analysis, check to
measure Trex'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 Trex is operating at the current time. Most of Trex's value examination focuses on studying past and present price action to
predict the probability of Trex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trex's price. Additionally, you may evaluate how the addition of Trex to your portfolios can decrease your overall portfolio volatility.