| 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 Current Deferred Revenue and its Common Stock Shares Outstanding 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.
Current Deferred Revenue vs Common Stock Shares Outstanding
Current Deferred Revenue vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Pressure Technologies Plc Current Deferred Revenue account and
Common Stock Shares Outstanding. At this time, the significance of the direction appears to have very week relationship.
The correlation between Pressure Technologies' Current Deferred Revenue and Common Stock Shares Outstanding is 0.2. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Common Stock Shares Outstanding 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' Current Deferred Revenue and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Pressure Technologies Plc are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Current Deferred Revenue i.e., Pressure Technologies' Current Deferred Revenue and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | 0.2 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
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
Also Currently Popular
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.
Additional Tools for Pressure Stock Analysis
When running Pressure Technologies' price analysis, check to
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.