0FQR Stock | | | 154.50 0.10 0.06% |
Pfeiffer Vacuum financial indicator trend analysis is much more than just breaking down Pfeiffer Vacuum Tech prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pfeiffer Vacuum Tech is a good investment. Please check the relationship between Pfeiffer Vacuum Inventory and its Retained Earnings accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Pfeiffer Vacuum Technology. 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.
Inventory vs Retained Earnings
Inventory vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Pfeiffer Vacuum Tech Inventory account and
Retained Earnings. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Pfeiffer Vacuum's Inventory and Retained Earnings is 0.98. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Pfeiffer Vacuum Technology, assuming nothing else is changed. The correlation between historical values of Pfeiffer Vacuum's Inventory and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Pfeiffer Vacuum Technology are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Inventory i.e., Pfeiffer Vacuum's Inventory and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.98 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Inventory
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.
Most indicators from Pfeiffer Vacuum's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pfeiffer Vacuum Tech 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in Pfeiffer Vacuum Technology. 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.
Tax Provision is likely to gain to about 14.8
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 126.1
M in 2024.
Pfeiffer Vacuum fundamental ratios Correlations
Click cells to compare fundamentals
Pfeiffer Vacuum Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pfeiffer Vacuum fundamental ratios Accounts
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Additional Tools for Pfeiffer Stock Analysis
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measure Pfeiffer Vacuum'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 Pfeiffer Vacuum is operating at the current time. Most of Pfeiffer Vacuum's value examination focuses on studying past and present price action to
predict the probability of Pfeiffer Vacuum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pfeiffer Vacuum's price. Additionally, you may evaluate how the addition of Pfeiffer Vacuum to your portfolios can decrease your overall portfolio volatility.