RCMT Stock | | | USD 22.88 0.25 1.08% |
RCM Technologies financial indicator trend analysis is much more than just breaking down RCM Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether RCM Technologies is a good investment. Please check the relationship between RCM Technologies Common Stock Shares Outstanding and its Common Stock Total Equity accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in RCM Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
For more information on how to buy RCM Stock please use our
How to Invest in RCM Technologies guide.
Common Stock Shares Outstanding vs Common Stock Total Equity
Common Stock Shares Outstanding vs Common Stock Total Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
RCM Technologies Common Stock Shares Outstanding account and
Common Stock Total Equity. At this time, the significance of the direction appears to have weak relationship.
The correlation between RCM Technologies' Common Stock Shares Outstanding and Common Stock Total Equity is 0.32. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of RCM Technologies, assuming nothing else is changed. The correlation between historical values of RCM Technologies' Common Stock Shares Outstanding and Common Stock Total Equity 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 RCM Technologies are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Common Stock Shares Outstanding i.e., RCM Technologies' Common Stock Shares Outstanding and Common Stock Total Equity go up and down completely randomly.
Correlation Coefficient | 0.32 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Most indicators from RCM Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into RCM Technologies 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 RCM Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
For more information on how to buy RCM Stock please use our
How to Invest in RCM Technologies guide.At this time, RCM Technologies'
Tax Provision is comparatively stable compared to the past year.
Enterprise Value Over EBITDA is likely to gain to 4.40 in 2024, whereas
Selling General Administrative is likely to drop slightly above 38.5
M in 2024.
RCM Technologies fundamental ratios Correlations
Click cells to compare fundamentals
RCM Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
RCM Technologies fundamental ratios Accounts
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for RCM Stock Analysis
When running RCM Technologies' price analysis, check to
measure RCM 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 RCM Technologies is operating at the current time. Most of RCM Technologies' value examination focuses on studying past and present price action to
predict the probability of RCM Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RCM Technologies' price. Additionally, you may evaluate how the addition of RCM Technologies to your portfolios can decrease your overall portfolio volatility.