LSEG Stock | | | 11,390 15.00 0.13% |
London Stock financial indicator trend analysis is infinitely more than just investigating London Stock Exchange recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether London Stock Exchange is a good investment. Please check the relationship between London Stock Operating Income and its Ebit accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in London Stock Exchange. 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.
Operating Income vs Ebit
Operating Income vs Ebit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
London Stock Exchange Operating Income account and
Ebit. At this time, the significance of the direction appears to have almost identical trend.
The correlation between London Stock's Operating Income and Ebit is 0.97. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Ebit in the same time period over historical financial statements of London Stock Exchange, assuming nothing else is changed. The correlation between historical values of London Stock's Operating Income and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of London Stock Exchange are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Operating Income i.e., London Stock's Operating Income and Ebit go up and down completely randomly.
Correlation Coefficient | 0.97 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Operating Income
Operating Income is the amount of profit realized from London Stock Exchange operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of London Stock Exchange is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Ebit
Most indicators from London Stock's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into London Stock Exchange 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 London Stock Exchange. 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.
Selling General Administrative is likely to drop to about 395.2
M in 2024.
Tax Provision is likely to drop to about 196.8
M in 2024
London Stock fundamental ratios Correlations
Click cells to compare fundamentals
London Stock Account Relationship Matchups
High Positive Relationship
High Negative Relationship
London Stock 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.
Additional Tools for London Stock Analysis
When running London Stock's price analysis, check to
measure London Stock's 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 London Stock is operating at the current time. Most of London Stock's value examination focuses on studying past and present price action to
predict the probability of London Stock's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move London Stock's price. Additionally, you may evaluate how the addition of London Stock to your portfolios can decrease your overall portfolio volatility.