| NHTC Stock | | | USD 4.62 0.10 2.21% |
Natural Health financial indicator trend analysis is infinitely more than just investigating Natural Health Trend recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Natural Health Trend is a good investment. Please check the relationship between Natural Health Depreciation and its Change To Operating Activities accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Natural Health Trend. 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.
Depreciation vs Change To Operating Activities
Depreciation vs Change To Operating Activities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Natural Health Trend Depreciation account and
Change To Operating Activities. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Natural Health's Depreciation and Change To Operating Activities is -0.4. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Change To Operating Activities in the same time period over historical financial statements of Natural Health Trend, assuming nothing else is changed. The correlation between historical values of Natural Health's Depreciation and Change To Operating Activities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Natural Health Trend are associated (or correlated) with its Change To Operating Activities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Operating Activities has no effect on the direction of Depreciation i.e., Natural Health's Depreciation and Change To Operating Activities go up and down completely randomly.
Correlation Coefficient | -0.4 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Depreciation
Depreciation indicates how much of Natural Health Trend value has been used up. For tax purposes Natural Health can deduct the cost of the tangible assets it purchases as business expenses. However, Natural Health Trend must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Change To Operating Activities
Most indicators from Natural Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Natural Health Trend 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 Natural Health Trend. 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 current year's
Sales General And Administrative To Revenue is expected to grow to 0.61, whereas
Selling General Administrative is forecasted to decline to about 33.5
M.
Natural Health fundamental ratios Correlations
Click cells to compare fundamentals
Natural Health Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Natural Health fundamental ratios Accounts