DPZ Stock | | | USD 472.34 0.57 0.12% |
Dominos Pizza financial indicator trend analysis is much more than just examining Dominos Pizza latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dominos Pizza is a good investment. Please check the relationship between Dominos Pizza Inventory and its Cash And Short Term Investments accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dominos Pizza. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in american community survey.
For more information on how to buy Dominos Stock please use our
How to Invest in Dominos Pizza guide.
Inventory vs Cash And Short Term Investments
Inventory vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Dominos Pizza Inventory account and
Cash And Short Term Investments. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Dominos Pizza's Inventory and Cash And Short Term Investments is 0.49. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Dominos Pizza, assuming nothing else is changed. The correlation between historical values of Dominos Pizza's Inventory and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Dominos Pizza are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Inventory i.e., Dominos Pizza's Inventory and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.49 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Inventory
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Dominos Pizza balance sheet. This account contains Dominos Pizza investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Dominos Pizza fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from Dominos Pizza's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dominos Pizza 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 Dominos Pizza. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in american community survey.
For more information on how to buy Dominos Stock please use our
How to Invest in Dominos Pizza guide.
Enterprise Value is likely to rise to about 18.5
B in 2024, whereas
Selling General Administrative is likely to drop slightly above 269.4
M in 2024.
Dominos Pizza fundamental ratios Correlations
Click cells to compare fundamentals
Dominos Pizza Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Dominos Pizza fundamental ratios Accounts
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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 Dominos Stock Analysis
When running Dominos Pizza's price analysis, check to
measure Dominos Pizza'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 Dominos Pizza is operating at the current time. Most of Dominos Pizza's value examination focuses on studying past and present price action to
predict the probability of Dominos Pizza's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dominos Pizza's price. Additionally, you may evaluate how the addition of Dominos Pizza to your portfolios can decrease your overall portfolio volatility.