SGF Stock | | | 3.40 0.01 0.29% |
SG Fleet financial indicator trend analysis is much more than just breaking down SG Fleet Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SG Fleet Group is a good investment. Please check the relationship between SG Fleet Selling General Administrative and its Total Other Income Expense Net accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in SG Fleet Group. 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.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
SG Fleet Group Selling General Administrative account and
Total Other Income Expense Net. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between SG Fleet's Selling General Administrative and Total Other Income Expense Net is 0.59. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Total Other Income Expense Net in the same time period over historical financial statements of SG Fleet Group, assuming nothing else is changed. The correlation between historical values of SG Fleet's Selling General Administrative and Total Other Income Expense Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of SG Fleet Group are associated (or correlated) with its Total Other Income Expense Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Other Income Expense Net has no effect on the direction of Selling General Administrative i.e., SG Fleet's Selling General Administrative and Total Other Income Expense Net go up and down completely randomly.
Correlation Coefficient | 0.59 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Most indicators from SG Fleet's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SG Fleet Group 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 SG Fleet Group. 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 gain to about 185
M in 2024, whereas
Tax Provision is likely to drop slightly above 27.6
M in 2024.
When running SG Fleet's price analysis, check to
measure SG Fleet's 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 SG Fleet is operating at the current time. Most of SG Fleet's value examination focuses on studying past and present price action to
predict the probability of SG Fleet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SG Fleet's price. Additionally, you may evaluate how the addition of SG Fleet to your portfolios can decrease your overall portfolio volatility.