SGR Stock | | | 0.19 0.01 5.00% |
Star Entertainment financial indicator trend analysis is much more than just breaking down Star Entertainment prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Star Entertainment is a good investment. Please check the relationship between Star Entertainment Total Liab and its Other Assets accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Star Entertainment 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.
Total Liab vs Other Assets
Total Liab vs Other Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Star Entertainment Total Liab account and
Other Assets. At this time, the significance of the direction appears to have no relationship.
The correlation between Star Entertainment's Total Liab and Other Assets is 0.06. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Other Assets in the same time period over historical financial statements of Star Entertainment Group, assuming nothing else is changed. The correlation between historical values of Star Entertainment's Total Liab and Other Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of Star Entertainment Group are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Total Liab i.e., Star Entertainment's Total Liab and Other Assets go up and down completely randomly.
Correlation Coefficient | 0.06 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Other Assets
Most indicators from Star Entertainment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Star Entertainment 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 Star Entertainment 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.
Tax Provision is likely to gain to about 144.5
M in 2025, whereas
Selling General Administrative is likely to drop slightly above 622.4
M in 2025.
Star Entertainment fundamental ratios Correlations
Click cells to compare fundamentals
Star Entertainment Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Star Entertainment 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 Star Stock Analysis
When running Star Entertainment's price analysis, check to
measure Star Entertainment'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 Star Entertainment is operating at the current time. Most of Star Entertainment's value examination focuses on studying past and present price action to
predict the probability of Star Entertainment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Star Entertainment's price. Additionally, you may evaluate how the addition of Star Entertainment to your portfolios can decrease your overall portfolio volatility.