SGM Stock | | | 13.07 0.27 2.11% |
Sims financial indicator trend analysis is much more than just breaking down Sims prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sims is a good investment. Please check the relationship between Sims Non Recurring and its Selling General Administrative accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Sims. 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.
Non Recurring vs Selling General Administrative
Non Recurring vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Sims Non Recurring account and
Selling General Administrative. At this time, the significance of the direction appears to have pay attention.
The correlation between Sims' Non Recurring and Selling General Administrative is -0.79. Overlapping area represents the amount of variation of Non Recurring that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Sims, assuming nothing else is changed. The correlation between historical values of Sims' Non Recurring and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Recurring of Sims are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Non Recurring i.e., Sims' Non Recurring and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | -0.79 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Non Recurring
Selling General Administrative
Most indicators from Sims' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sims 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 Sims. 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.
Discontinued Operations is likely to gain to about 120.8
K in 2024, whereas Selling General Administrative is likely to drop slightly above 510.9
M in 2024.
Sims fundamental ratios Correlations
Click cells to compare fundamentals
Sims Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sims fundamental ratios Accounts
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Additional Tools for Sims Stock Analysis
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