| HVT-A Stock | | | USD 21.44 0.44 2.10% |
Haverty Furniture financial indicator trend analysis is much more than just examining Haverty Furniture latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Haverty Furniture is a good investment. Please check the relationship between Haverty Furniture Ev To Sales and its Ptb Ratio accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Haverty Furniture Companies. 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.
Ev To Sales vs Ptb Ratio
Ev To Sales vs Ptb Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Haverty Furniture Ev To Sales account and
Ptb Ratio. At this time, the significance of the direction appears to have strong relationship.
The correlation between Haverty Furniture's Ev To Sales and Ptb Ratio is 0.66. Overlapping area represents the amount of variation of Ev To Sales that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Haverty Furniture Companies, assuming nothing else is changed. The correlation between historical values of Haverty Furniture's Ev To Sales and Ptb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ev To Sales of Haverty Furniture Companies are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Ev To Sales i.e., Haverty Furniture's Ev To Sales and Ptb Ratio go up and down completely randomly.
Correlation Coefficient | 0.66 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Ev To Sales
The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.
Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.
Most indicators from Haverty Furniture's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Haverty Furniture 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 Haverty Furniture Companies. 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 present, Haverty Furniture's
Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's
Enterprise Value Over EBITDA is expected to grow to 24.43, whereas
Tax Provision is forecasted to decline to about 5.9
M.
Haverty Furniture fundamental ratios Correlations
Click cells to compare fundamentals
Haverty Furniture Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Haverty Furniture 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.
When determining whether Haverty Furniture is a good investment, qualitative aspects like company
management, corporate governance, and ethical practices play a significant role. A
comparison with peer companies also provides context and helps to understand if Haverty Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Haverty Furniture Companies Stock.
Highlighted below are key reports to facilitate an investment decision about Haverty Furniture Companies Stock: Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Haverty Furniture Companies. 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.
You can also try the
Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Please note, there is a significant difference between Haverty Furniture's value and its price as these two are different measures arrived at by different means. Investors typically determine if Haverty Furniture is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Haverty Furniture's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.