| 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 Interest Coverage and its Days Of Inventory On Hand 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.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Natural Health Trend Interest Coverage account and
Days Of Inventory On Hand. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Natural Health's Interest Coverage and Days Of Inventory On Hand is 0.41. Overlapping area represents the amount of variation of Interest Coverage that can explain the historical movement of Days Of Inventory On Hand 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 Interest Coverage and Days Of Inventory On Hand is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Coverage of Natural Health Trend are associated (or correlated) with its Days Of Inventory On Hand. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Of Inventory On Hand has no effect on the direction of Interest Coverage i.e., Natural Health's Interest Coverage and Days Of Inventory On Hand go up and down completely randomly.
Correlation Coefficient | 0.41 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
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.