LFST Stock | | | 0.04 0.01 12.50% |
Lifeist Wellness financial indicator trend analysis is infinitely more than just investigating Lifeist Wellness recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lifeist Wellness is a good investment. Please check the relationship between Lifeist Wellness Selling General Administrative and its Non Current Assets Total accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lifeist Wellness. 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.
Selling General Administrative vs Non Current Assets Total
Selling General Administrative vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Lifeist Wellness Selling General Administrative account and
Non Current Assets Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Lifeist Wellness' Selling General Administrative and Non Current Assets Total is 0.94. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Lifeist Wellness, assuming nothing else is changed. The correlation between historical values of Lifeist Wellness' Selling General Administrative and Non Current Assets Total 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 Lifeist Wellness are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Selling General Administrative i.e., Lifeist Wellness' Selling General Administrative and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | 0.94 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Selling General Administrative
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Lifeist Wellness' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lifeist Wellness 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 Lifeist Wellness. 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.
At this time, Lifeist Wellness'
Tax Provision is fairly stable compared to the past year. Selling General Administrative is likely to climb to about 18.3
M in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.64 in 2024.
Lifeist Wellness fundamental ratios Correlations
Click cells to compare fundamentals
Lifeist Wellness Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lifeist Wellness fundamental ratios Accounts
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Additional Tools for Lifeist Stock Analysis
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