Salon Change To Netincome vs Capital Expenditures Analysis
| SALN Stock | USD 0.0001 0.00 0.00% |
Salon City financial indicator trend analysis is much more than just breaking down Salon City prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Salon City is a good investment. Please check the relationship between Salon City Change To Netincome and its Capital Expenditures accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Salon City. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. To learn how to invest in Salon Stock, please use our How to Invest in Salon City guide.
Change To Netincome vs Capital Expenditures
Change To Netincome vs Capital Expenditures Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Salon City Change To Netincome account and Capital Expenditures. At this time, the significance of the direction appears to have pay attention.
The correlation between Salon City's Change To Netincome and Capital Expenditures is -0.94. Overlapping area represents the amount of variation of Change To Netincome that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of Salon City, assuming nothing else is changed. The correlation between historical values of Salon City's Change To Netincome and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Netincome of Salon City are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Change To Netincome i.e., Salon City's Change To Netincome and Capital Expenditures go up and down completely randomly.
Correlation Coefficient | -0.94 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Change To Netincome
Capital Expenditures
Capital Expenditures are funds used by Salon City to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Salon City operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Most indicators from Salon City's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Salon City 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Salon City. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. To learn how to invest in Salon Stock, please use our How to Invest in Salon City guide.As of the 22nd of December 2024, Selling General Administrative is likely to grow to about 1.4 M
Salon City fundamental ratios Correlations
Click cells to compare fundamentals
Salon City Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Salon City
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Salon City position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Salon City will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Salon City could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Salon City when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Salon City - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Salon City to buy it.
The correlation of Salon City is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Salon City moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Salon City moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Salon City can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Salon City. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. To learn how to invest in Salon Stock, please use our How to Invest in Salon City guide.You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Is Publishing space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Salon City. If investors know Salon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Salon City listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Revenue Per Share 0.024 | Quarterly Revenue Growth (0.97) | Return On Assets (1.21) |
The market value of Salon City is measured differently than its book value, which is the value of Salon that is recorded on the company's balance sheet. Investors also form their own opinion of Salon City's value that differs from its market value or its book value, called intrinsic value, which is Salon City's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Salon City's market value can be influenced by many factors that don't directly affect Salon City's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Salon City's value and its price as these two are different measures arrived at by different means. Investors typically determine if Salon City is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Salon City's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.