TSLX Stock | | | USD 21.19 0.25 1.19% |
Sixth Street financial indicator trend analysis is much more than just breaking down Sixth Street Specialty prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sixth Street Specialty is a good investment. Please check the relationship between Sixth Street Other Assets and its Other Stockholder Equity accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Sixth Street Specialty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Other Assets vs Other Stockholder Equity
Other Assets vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Sixth Street Specialty Other Assets account and
Other Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between Sixth Street's Other Assets and Other Stockholder Equity is 0.75. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Sixth Street Specialty, assuming nothing else is changed. The correlation between historical values of Sixth Street's Other Assets and Other Stockholder Equity 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 Assets of Sixth Street Specialty are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Other Assets i.e., Sixth Street's Other Assets and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.75 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Other Assets
Other Stockholder Equity
Most indicators from Sixth Street's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sixth Street Specialty 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 Sixth Street Specialty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
At this time, Sixth Street's
Selling General Administrative is fairly stable compared to the past year.
Enterprise Value is likely to rise to about 3.8
B in 2024, whereas
Tax Provision is likely to drop slightly above 3.2
M in 2024.
Sixth Street fundamental ratios Correlations
Click cells to compare fundamentals
Sixth Street Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sixth Street 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.
Additional Tools for Sixth Stock Analysis
When running Sixth Street's price analysis, check to
measure Sixth Street'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 Sixth Street is operating at the current time. Most of Sixth Street's value examination focuses on studying past and present price action to
predict the probability of Sixth Street's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sixth Street's price. Additionally, you may evaluate how the addition of Sixth Street to your portfolios can decrease your overall portfolio volatility.