FUTU Stock | | | USD 86.33 2.57 3.07% |
Futu Holdings financial indicator trend analysis is much more than just examining Futu Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Futu Holdings is a good investment. Please check the relationship between Futu Holdings Reconciled Depreciation and its Selling And Marketing Expenses accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Futu Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
For more information on how to buy Futu Stock please use our
How to Invest in Futu Holdings guide.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Futu Holdings Reconciled Depreciation account and
Selling And Marketing Expenses. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Futu Holdings' Reconciled Depreciation and Selling And Marketing Expenses is 0.85. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Selling And Marketing Expenses in the same time period over historical financial statements of Futu Holdings, assuming nothing else is changed. The correlation between historical values of Futu Holdings' Reconciled Depreciation 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 Reconciled Depreciation of Futu Holdings 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 Reconciled Depreciation i.e., Futu Holdings' Reconciled Depreciation and Selling And Marketing Expenses go up and down completely randomly.
Correlation Coefficient | 0.85 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Most indicators from Futu Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Futu Holdings 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 Futu Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
For more information on how to buy Futu Stock please use our
How to Invest in Futu Holdings guide.At this time, Futu Holdings'
Selling General Administrative is comparatively stable compared to the past year.
Tax Provision is likely to gain to about 828.5
M in 2024, whereas
Enterprise Value Over EBITDA is likely to drop 11.14 in 2024.
When running Futu Holdings' price analysis, check to
measure Futu Holdings' 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 Futu Holdings is operating at the current time. Most of Futu Holdings' value examination focuses on studying past and present price action to
predict the probability of Futu Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Futu Holdings' price. Additionally, you may evaluate how the addition of Futu Holdings to your portfolios can decrease your overall portfolio volatility.