SVW Stock | | | 44.91 0.39 0.86% |
SEVEN GROUP financial indicator trend analysis is much more than just breaking down SEVEN GROUP HOLDINGS prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SEVEN GROUP HOLDINGS is a good investment. Please check the relationship between SEVEN GROUP Other Stockholder Equity and its Total Current Assets accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in SEVEN GROUP 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 Stockholder Equity vs Total Current Assets
Other Stockholder Equity vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
SEVEN GROUP HOLDINGS Other Stockholder Equity account and
Total Current Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between SEVEN GROUP's Other Stockholder Equity and Total Current Assets is -0.38. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of SEVEN GROUP HOLDINGS, assuming nothing else is changed. The correlation between historical values of SEVEN GROUP's Other Stockholder Equity and Total Current 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 Other Stockholder Equity of SEVEN GROUP HOLDINGS are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Other Stockholder Equity i.e., SEVEN GROUP's Other Stockholder Equity and Total Current Assets go up and down completely randomly.
Correlation Coefficient | -0.38 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Other Stockholder Equity
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from SEVEN GROUP's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SEVEN GROUP 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 SEVEN GROUP 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 drop to about 744.4
M in 2024
SEVEN GROUP fundamental ratios Correlations
Click cells to compare fundamentals
SEVEN GROUP Account Relationship Matchups
High Positive Relationship
High Negative Relationship
SEVEN GROUP fundamental ratios Accounts
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Additional Tools for SEVEN Stock Analysis
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measure SEVEN GROUP'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 SEVEN GROUP is operating at the current time. Most of SEVEN GROUP's value examination focuses on studying past and present price action to
predict the probability of SEVEN GROUP's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SEVEN GROUP's price. Additionally, you may evaluate how the addition of SEVEN GROUP to your portfolios can decrease your overall portfolio volatility.