HMC Stock | | | 12.33 0.21 1.67% |
Home Consortium financial indicator trend analysis is much more than just examining Home Consortium latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Home Consortium is a good investment. Please check the relationship between Home Consortium Other Liab and its Property Plant And Equipment Net accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Home Consortium. 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.
Other Liab vs Property Plant And Equipment Net
Other Liab vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Home Consortium Other Liab account and
Property Plant And Equipment Net. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Home Consortium's Other Liab and Property Plant And Equipment Net is -0.7. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Home Consortium, assuming nothing else is changed. The correlation between historical values of Home Consortium's Other Liab and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of Home Consortium are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Other Liab i.e., Home Consortium's Other Liab and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | -0.7 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Other Liab
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Home Consortium's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Home Consortium 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 Home Consortium. 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.
At this time, Home Consortium's
Tax Provision is comparatively stable compared to the past year.
Discontinued Operations is likely to gain to about 11.9
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 16.6
M in 2024.
Home Consortium fundamental ratios Correlations
Click cells to compare fundamentals
Home Consortium Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Home Consortium fundamental ratios Accounts
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