| 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 Net Income and its Change Receivables 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.
Net Income vs Change Receivables
Net Income vs Change Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Natural Health Trend Net Income account and
Change Receivables. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Natural Health's Net Income and Change Receivables is -0.21. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Change Receivables 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 Net Income and Change Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Natural Health Trend are associated (or correlated) with its Change Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change Receivables has no effect on the direction of Net Income i.e., Natural Health's Net Income and Change Receivables go up and down completely randomly.
Correlation Coefficient | -0.21 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Natural Health Trend financial statement analysis. It represents the amount of money remaining after all of Natural Health Trend operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Change Receivables
The difference in the amount of accounts receivable from one accounting period to the next. A positive number indicates an increase in receivables, while a negative number indicates a decrease.
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