LIT Stock | | | 117.00 0.25 0.21% |
Litigation Capital financial indicator trend analysis is infinitely more than just investigating Litigation Capital recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Litigation Capital is a good investment. Please check the relationship between Litigation Capital Common Stock and its Common Stock Shares Outstanding accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Litigation Capital Management. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Common Stock vs Common Stock Shares Outstanding
Common Stock vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Litigation Capital Common Stock account and
Common Stock Shares Outstanding. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Litigation Capital's Common Stock and Common Stock Shares Outstanding is 0.98. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Litigation Capital Management, assuming nothing else is changed. The correlation between historical values of Litigation Capital's Common Stock and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Litigation Capital Management are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Common Stock i.e., Litigation Capital's Common Stock and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | 0.98 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Common Stock
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Litigation Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Litigation Capital 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 Litigation Capital Management. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
At present, Litigation Capital's
Tax Provision is projected to increase significantly based on the last few years of reporting.
Litigation Capital fundamental ratios Correlations
Click cells to compare fundamentals
Litigation Capital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Litigation Capital fundamental ratios Accounts
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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.
Other Information on Investing in Litigation Stock
Balance Sheet is a snapshot of the
financial position of Litigation Capital at a specified time, usually calculated after every quarter, six months, or one year. Litigation Capital Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Litigation Capital and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Litigation currently owns. An asset can also be divided into two categories, current and non-current.