SRH Stock | | | 0.04 0.00 0.00% |
Saferoads Holdings financial indicator trend analysis is much more than just breaking down Saferoads Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Saferoads Holdings is a good investment. Please check the relationship between Saferoads Holdings Other Liab and its Total Liab accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Saferoads Holdings. 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.
Other Liab vs Total Liab
Other Liab vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Saferoads Holdings Other Liab account and
Total Liab. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Saferoads Holdings' Other Liab and Total Liab is -0.04. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Total Liab in the same time period over historical financial statements of Saferoads Holdings, assuming nothing else is changed. The correlation between historical values of Saferoads Holdings' Other Liab and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of Saferoads Holdings are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Other Liab i.e., Saferoads Holdings' Other Liab and Total Liab go up and down completely randomly.
Correlation Coefficient | -0.04 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Other Liab
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from Saferoads Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Saferoads Holdings 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 Saferoads Holdings. 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 3.9
M in 2024
Saferoads Holdings fundamental ratios Correlations
Click cells to compare fundamentals
Saferoads Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Saferoads Holdings 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 Saferoads Stock Analysis
When running Saferoads Holdings' price analysis, check to
measure Saferoads Holdings' 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 Saferoads Holdings is operating at the current time. Most of Saferoads Holdings' value examination focuses on studying past and present price action to
predict the probability of Saferoads Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Saferoads Holdings' price. Additionally, you may evaluate how the addition of Saferoads Holdings to your portfolios can decrease your overall portfolio volatility.