HEG Stock | | | 530.95 1.35 0.25% |
HEG financial indicator trend analysis is much more than just examining HEG Limited latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether HEG Limited is a good investment. Please check the relationship between HEG Selling General Administrative and its Net Income From Continuing Ops accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HEG Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Selling General Administrative vs Net Income From Continuing Ops
Selling General Administrative vs Net Income From Continuing Ops Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
HEG Limited Selling General Administrative account and
Net Income From Continuing Ops. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between HEG's Selling General Administrative and Net Income From Continuing Ops is -0.14. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of HEG Limited, assuming nothing else is changed. The correlation between historical values of HEG's Selling General Administrative and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of HEG Limited are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Selling General Administrative i.e., HEG's Selling General Administrative and Net Income From Continuing Ops go up and down completely randomly.
Correlation Coefficient | -0.14 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Selling General Administrative
Net Income From Continuing Ops
Most indicators from HEG's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into HEG Limited 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
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HEG Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
As of December 24, 2024, Selling General Administrative is expected to decline to about 222.3
M. In addition to that,
Tax Provision is expected to decline to about 795.1
MHEG fundamental ratios Correlations
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HEG Account Relationship Matchups
High Positive Relationship
High Negative Relationship
HEG fundamental ratios Accounts
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Other Information on Investing in HEG Stock
Balance Sheet is a snapshot of the
financial position of HEG Limited at a specified time, usually calculated after every quarter, six months, or one year. HEG Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of HEG and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which HEG currently owns. An asset can also be divided into two categories, current and non-current.