LGTY Stock | | | 11.08 0.16 1.42% |
Logility Supply financial indicator trend analysis is infinitely more than just investigating Logility Supply Chain recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Logility Supply Chain is a good investment. Please check the relationship between Logility Supply Cash Ratio and its Price Cash Flow Ratio accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Logility Supply Chain. 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.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Logility Supply Chain Cash Ratio account and
Price Cash Flow Ratio. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Logility Supply's Cash Ratio and Price Cash Flow Ratio is -0.17. Overlapping area represents the amount of variation of Cash Ratio that can explain the historical movement of Price Cash Flow Ratio in the same time period over historical financial statements of Logility Supply Chain, assuming nothing else is changed. The correlation between historical values of Logility Supply's Cash Ratio and Price Cash Flow 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 Cash Ratio of Logility Supply Chain are associated (or correlated) with its Price Cash Flow Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price Cash Flow Ratio has no effect on the direction of Cash Ratio i.e., Logility Supply's Cash Ratio and Price Cash Flow Ratio go up and down completely randomly.
Correlation Coefficient | -0.17 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Most indicators from Logility Supply's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Logility Supply Chain 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 Logility Supply Chain. 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 is expected to grow to about 23.7
M this year, although
Tax Provision will most likely decline.