FC Stock | | | USD 37.58 0.27 0.72% |
Franklin Covey financial indicator trend analysis is much more than just examining Franklin Covey latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Franklin Covey is a good investment. Please check the relationship between Franklin Covey Change To Netincome and its Sale Purchase Of Stock accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Franklin Covey. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
For information on how to trade Franklin Stock refer to our
How to Trade Franklin Stock guide.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Franklin Covey Change To Netincome account and
Sale Purchase Of Stock. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Franklin Covey's Change To Netincome and Sale Purchase Of Stock is -0.7. Overlapping area represents the amount of variation of Change To Netincome that can explain the historical movement of Sale Purchase Of Stock in the same time period over historical financial statements of Franklin Covey, assuming nothing else is changed. The correlation between historical values of Franklin Covey's Change To Netincome and Sale Purchase Of Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Netincome of Franklin Covey are associated (or correlated) with its Sale Purchase Of Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Sale Purchase Of Stock has no effect on the direction of Change To Netincome i.e., Franklin Covey's Change To Netincome and Sale Purchase Of Stock go up and down completely randomly.
Correlation Coefficient | -0.7 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Most indicators from Franklin Covey's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Franklin Covey 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 Franklin Covey. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
For information on how to trade Franklin Stock refer to our
How to Trade Franklin Stock guide.The current year's
Tax Provision is expected to grow to about 10.1
M, whereas
Selling General Administrative is forecasted to decline to about 121.1
M.