| PRES Stock | | | 35.50 0.50 1.39% |
Pressure Technologies financial indicator trend analysis is much more than just breaking down Pressure Technologies Plc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pressure Technologies Plc is a good investment. Please check the relationship between Pressure Technologies Common Stock Shares Outstanding and its Total Current Assets accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pressure Technologies Plc. 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.
Common Stock Shares Outstanding vs Total Current Assets
Common Stock Shares Outstanding vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Pressure Technologies Plc Common Stock Shares Outstanding account and
Total Current Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Pressure Technologies' Common Stock Shares Outstanding and Total Current Assets is -0.67. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Pressure Technologies Plc, assuming nothing else is changed. The correlation between historical values of Pressure Technologies' Common Stock Shares Outstanding and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Pressure Technologies Plc are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Common Stock Shares Outstanding i.e., Pressure Technologies' Common Stock Shares Outstanding and Total Current Assets go up and down completely randomly.
Correlation Coefficient | -0.67 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Pressure Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pressure Technologies Plc 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 Pressure Technologies Plc. 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 7
M in 2025.
Tax Provision is likely to drop to about (527.7
K) in 2025
Pressure Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Pressure Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pressure Technologies fundamental ratios Accounts
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Additional Tools for Pressure Stock Analysis
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measure Pressure Technologies' 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 Pressure Technologies is operating at the current time. Most of Pressure Technologies' value examination focuses on studying past and present price action to
predict the probability of Pressure Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pressure Technologies' price. Additionally, you may evaluate how the addition of Pressure Technologies to your portfolios can decrease your overall portfolio volatility.