| CCCL Stock | | | 18.63 0.37 1.95% |
Consolidated Construction financial indicator trend analysis is way more than just evaluating Consolidated Construction prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Consolidated Construction is a good investment. Please check the relationship between Consolidated Construction Other Operating Expenses and its Selling And Marketing Expenses accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Consolidated Construction Consortium. 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.
Other Operating Expenses vs Selling And Marketing Expenses
Other Operating Expenses vs Selling And Marketing Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Consolidated Construction Other Operating Expenses account and
Selling And Marketing Expenses. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Consolidated Construction's Other Operating Expenses and Selling And Marketing Expenses is -0.04. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Selling And Marketing Expenses in the same time period over historical financial statements of Consolidated Construction Consortium, assuming nothing else is changed. The correlation between historical values of Consolidated Construction's Other Operating Expenses and Selling And Marketing Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Consolidated Construction Consortium are associated (or correlated) with its Selling And Marketing Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling And Marketing Expenses has no effect on the direction of Other Operating Expenses i.e., Consolidated Construction's Other Operating Expenses and Selling And Marketing Expenses go up and down completely randomly.
Correlation Coefficient | -0.04 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Consolidated Construction. It is also known as Consolidated Construction overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Selling And Marketing Expenses
Most indicators from Consolidated Construction's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Consolidated Construction 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in Consolidated Construction Consortium. 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.
Discontinued Operations is likely to gain to about 26.8
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 91.2
M in 2024.
Consolidated Construction fundamental ratios Correlations
Click cells to compare fundamentals
Consolidated Construction Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Consolidated Construction 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.
Additional Tools for Consolidated Stock Analysis
When running Consolidated Construction's price analysis, check to
measure Consolidated Construction'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 Consolidated Construction is operating at the current time. Most of Consolidated Construction's value examination focuses on studying past and present price action to
predict the probability of Consolidated Construction's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Consolidated Construction's price. Additionally, you may evaluate how the addition of Consolidated Construction to your portfolios can decrease your overall portfolio volatility.