DHX Stock | | | USD 1.78 0.01 0.56% |
DHI financial indicator trend analysis is much more than just examining DHI Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DHI Group is a good investment. Please check the relationship between DHI Good Will and its Total Current Assets accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DHI 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 rate.
Good Will vs Total Current Assets
Good Will vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
DHI Group Good Will account and
Total Current Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between DHI's Good Will and Total Current Assets is 0.92. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of DHI Group, assuming nothing else is changed. The correlation between historical values of DHI's Good Will and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of DHI Group are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Good Will i.e., DHI's Good Will and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.92 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from DHI's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DHI 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
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DHI 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 rate.
At this time, DHI's
Selling General Administrative is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to rise to 0.28 in 2024, despite the fact that
Tax Provision is likely to grow to (70.3
K).
DHI fundamental ratios Correlations
Click cells to compare fundamentals
DHI Account Relationship Matchups
High Positive Relationship
High Negative Relationship
DHI fundamental ratios Accounts
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Additional Tools for DHI Stock Analysis
When running DHI's price analysis, check to
measure DHI'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 DHI is operating at the current time. Most of DHI's value examination focuses on studying past and present price action to
predict the probability of DHI's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DHI's price. Additionally, you may evaluate how the addition of DHI to your portfolios can decrease your overall portfolio volatility.