| SPDI Stock | | | 4.50 0.00 0.00% |
Secure Property financial indicator trend analysis is much more than just breaking down Secure Property Deve prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Secure Property Deve is a good investment. Please check the relationship between Secure Property Retained Earnings and its Cash accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Secure Property Development. 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.
Retained Earnings vs Cash
Retained Earnings vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Secure Property Deve Retained Earnings account and
Cash. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Secure Property's Retained Earnings and Cash is -0.03. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Cash in the same time period over historical financial statements of Secure Property Development, assuming nothing else is changed. The correlation between historical values of Secure Property's Retained Earnings and Cash 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 Secure Property Development are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Retained Earnings i.e., Secure Property's Retained Earnings and Cash go up and down completely randomly.
Correlation Coefficient | -0.03 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
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.
Cash
Cash refers to the most liquid asset of Secure Property Deve, which is listed under current asset account on Secure Property Development balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Secure Property customers. The amounts must be unrestricted with restricted cash listed in a different Secure Property account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Secure Property's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Secure Property Deve 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 Secure Property Development. 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 1.4
M in 2024, whereas
Tax Provision is likely to drop 2,312 in 2024.
Secure Property fundamental ratios Correlations
Click cells to compare fundamentals
Secure Property Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Secure Property fundamental ratios Accounts
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Additional Tools for Secure Stock Analysis
When running Secure Property's price analysis, check to
measure Secure Property'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 Secure Property is operating at the current time. Most of Secure Property's value examination focuses on studying past and present price action to
predict the probability of Secure Property's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Secure Property's price. Additionally, you may evaluate how the addition of Secure Property to your portfolios can decrease your overall portfolio volatility.