FCSSOFT Stock | | | 3.46 0.02 0.57% |
FCS Software financial indicator trend analysis is much more than just examining FCS Software Solutions latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether FCS Software Solutions is a good investment. Please check the relationship between FCS Software Gross Profit and its Interest Income accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FCS Software Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
Gross Profit vs Interest Income
Gross Profit vs Interest Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
FCS Software Solutions Gross Profit account and
Interest Income. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between FCS Software's Gross Profit and Interest Income is 0.4. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Interest Income in the same time period over historical financial statements of FCS Software Solutions, assuming nothing else is changed. The correlation between historical values of FCS Software's Gross Profit and Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of FCS Software Solutions are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Gross Profit i.e., FCS Software's Gross Profit and Interest Income go up and down completely randomly.
Correlation Coefficient | 0.4 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of FCS Software Solutions minus its cost of goods sold. It is profit before FCS Software operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Most indicators from FCS Software's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into FCS Software Solutions 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 FCS Software Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
Selling General Administrative is likely to drop to about 14.6
M in 2024.
Tax Provision is likely to gain to about (428.4
K) in 2024
FCS Software fundamental ratios Correlations
Click cells to compare fundamentals
FCS Software Account Relationship Matchups
High Positive Relationship
High Negative Relationship
FCS Software 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 FCS Stock Analysis
When running FCS Software's price analysis, check to
measure FCS Software'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 FCS Software is operating at the current time. Most of FCS Software's value examination focuses on studying past and present price action to
predict the probability of FCS Software's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FCS Software's price. Additionally, you may evaluate how the addition of FCS Software to your portfolios can decrease your overall portfolio volatility.