| PCJEWELLER | | | 16.80 0.89 5.03% |
PC Jeweller financial indicator trend analysis is much more than just breaking down PC Jeweller Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PC Jeweller Limited is a good investment. Please check the relationship between PC Jeweller Selling General Administrative and its Net Income From Continuing Ops accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in PC Jeweller Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in housing.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
PC Jeweller Limited Selling General Administrative account and
Net Income From Continuing Ops. At this time, the significance of the direction appears to have almost no relationship.
The correlation between PC Jeweller's Selling General Administrative and Net Income From Continuing Ops is 0.18. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of PC Jeweller Limited, assuming nothing else is changed. The correlation between historical values of PC Jeweller's Selling General Administrative and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of PC Jeweller Limited are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Selling General Administrative i.e., PC Jeweller's Selling General Administrative and Net Income From Continuing Ops go up and down completely randomly.
Correlation Coefficient | 0.18 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Most indicators from PC Jeweller's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PC Jeweller Limited 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
Your Equity Center to better understand how to build diversified portfolios, which includes a position in PC Jeweller Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in housing.
Selling General Administrative is expected to rise to about 79.3
M this year, although the value of
Tax Provision is projected to rise to (22.9
M).
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.
Balance Sheet is a snapshot of the
financial position of PC Jeweller Limited at a specified time, usually calculated after every quarter, six months, or one year. PC Jeweller Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of PC Jeweller 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 PCJEWELLER currently owns. An asset can also be divided into two categories, current and non-current.