LCUT Stock | | | USD 6.19 0.23 3.58% |
Lifetime Brands financial indicator trend analysis is infinitely more than just investigating Lifetime Brands recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lifetime Brands is a good investment. Please check the relationship between Lifetime Brands Extraordinary Items and its Reconciled Depreciation accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lifetime Brands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in employment.
For more information on how to buy Lifetime Stock please use our
How to Invest in Lifetime Brands guide.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Lifetime Brands Extraordinary Items account and
Reconciled Depreciation. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Lifetime Brands' Extraordinary Items and Reconciled Depreciation is 0.83. Overlapping area represents the amount of variation of Extraordinary Items that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of Lifetime Brands, assuming nothing else is changed. The correlation between historical values of Lifetime Brands' Extraordinary Items and Reconciled Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Extraordinary Items of Lifetime Brands are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Extraordinary Items i.e., Lifetime Brands' Extraordinary Items and Reconciled Depreciation go up and down completely randomly.
Correlation Coefficient | 0.83 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Most indicators from Lifetime Brands' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lifetime Brands 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
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lifetime Brands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in employment.
For more information on how to buy Lifetime Stock please use our
How to Invest in Lifetime Brands guide.At this time, Lifetime Brands'
Tax Provision is comparatively stable compared to the past year.
Sales General And Administrative To Revenue is likely to gain to 0.31 in 2024, whereas
Selling General Administrative is likely to drop slightly above 116.9
M in 2024.
When running Lifetime Brands' price analysis, check to
measure Lifetime Brands' 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 Lifetime Brands is operating at the current time. Most of Lifetime Brands' value examination focuses on studying past and present price action to
predict the probability of Lifetime Brands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lifetime Brands' price. Additionally, you may evaluate how the addition of Lifetime Brands to your portfolios can decrease your overall portfolio volatility.