TWD Stock | | | 2.70 0.02 0.74% |
Tamawood financial indicator trend analysis is much more than just breaking down Tamawood prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tamawood is a good investment. Please check the relationship between Tamawood Retained Earnings and its Common Stock Total Equity accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Tamawood. 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.
Retained Earnings vs Common Stock Total Equity
Retained Earnings vs Common Stock Total Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Tamawood Retained Earnings account and
Common Stock Total Equity. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Tamawood's Retained Earnings and Common Stock Total Equity is -0.57. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of Tamawood, assuming nothing else is changed. The correlation between historical values of Tamawood's Retained Earnings and Common Stock Total Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Tamawood are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Retained Earnings i.e., Tamawood's Retained Earnings and Common Stock Total Equity go up and down completely randomly.
Correlation Coefficient | -0.57 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
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.
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Most indicators from Tamawood's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tamawood 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 Tamawood. 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.
Selling General Administrative is likely to gain to about 8.1
M in 2024, whereas
Tax Provision is likely to drop slightly above 1.9
M in 2024.
Tamawood fundamental ratios Correlations
Click cells to compare fundamentals
Tamawood Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Tamawood fundamental ratios Accounts
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Additional Tools for Tamawood Stock Analysis
When running Tamawood's price analysis, check to
measure Tamawood'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 Tamawood is operating at the current time. Most of Tamawood's value examination focuses on studying past and present price action to
predict the probability of Tamawood's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tamawood's price. Additionally, you may evaluate how the addition of Tamawood to your portfolios can decrease your overall portfolio volatility.