SILLYMONKS | | | 21.77 0.23 1.07% |
Silly Monks financial indicator trend analysis is much more than just breaking down Silly Monks Entertainment prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Silly Monks Entertainment is a good investment. Please check the relationship between Silly Monks Retained Earnings and its Intangible Assets accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Silly Monks Entertainment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in manufacturing.
Retained Earnings vs Intangible Assets
Retained Earnings vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Silly Monks Entertainment Retained Earnings account and
Intangible Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Silly Monks' Retained Earnings and Intangible Assets is 0.48. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Silly Monks Entertainment, assuming nothing else is changed. The correlation between historical values of Silly Monks' Retained Earnings and Intangible 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 Retained Earnings of Silly Monks Entertainment are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Retained Earnings i.e., Silly Monks' Retained Earnings and Intangible Assets go up and down completely randomly.
Correlation Coefficient | 0.48 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Silly Monks' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Silly Monks 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 Silly Monks Entertainment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in manufacturing.
As of the 29th of November 2024,
Tax Provision is likely to grow to about 1
M, while
Selling General Administrative is likely to drop about 3.1
M.
Silly Monks fundamental ratios Correlations
Click cells to compare fundamentals
Silly Monks Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Silly Monks fundamental ratios Accounts
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Other Information on Investing in Silly Stock
Balance Sheet is a snapshot of the
financial position of Silly Monks Entertainment at a specified time, usually calculated after every quarter, six months, or one year. Silly Monks Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Silly Monks and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Silly currently owns. An asset can also be divided into two categories, current and non-current.