PRSMJOHNSN | | | 194.92 1.71 0.87% |
Prism Johnson financial indicator trend analysis is much more than just breaking down Prism Johnson Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Prism Johnson Limited is a good investment. Please check the relationship between Prism Johnson Short Term Investments and its Cash And Short Term Investments accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Prism Johnson 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 inflation.
Short Term Investments vs Cash And Short Term Investments
Short Term Investments vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Prism Johnson Limited Short Term Investments account and
Cash And Short Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between Prism Johnson's Short Term Investments and Cash And Short Term Investments is 0.71. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Prism Johnson Limited, assuming nothing else is changed. The correlation between historical values of Prism Johnson's Short Term Investments and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Prism Johnson Limited are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Short Term Investments i.e., Prism Johnson's Short Term Investments and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.71 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Short Term Investments
Short Term Investments is an item under the current assets section of Prism Johnson balance sheet. It contains any investments Prism Johnson Limited undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Prism Johnson Limited can easily liquidate in the marketplace.
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Prism Johnson Limited balance sheet. This account contains Prism Johnson investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Prism Johnson Limited fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from Prism Johnson's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Prism Johnson 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 Prism Johnson 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 inflation.
The Prism Johnson's current
Selling General Administrative is estimated to increase to about 6.2
B, while
Tax Provision is projected to decrease to under 117.4
M.
Prism Johnson fundamental ratios Correlations
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Prism Johnson Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Prism Johnson fundamental ratios Accounts
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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.
Other Information on Investing in Prism Stock
Balance Sheet is a snapshot of the
financial position of Prism Johnson Limited at a specified time, usually calculated after every quarter, six months, or one year. Prism Johnson Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Prism Johnson 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 Prism currently owns. An asset can also be divided into two categories, current and non-current.