0HDK Stock | | | 92.10 0.80 0.88% |
Systemair financial indicator trend analysis is much more than just breaking down Systemair AB prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Systemair AB is a good investment. Please check the relationship between Systemair Total Revenue and its Selling General Administrative accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Systemair AB. 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.
Total Revenue vs Selling General Administrative
Total Revenue vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Systemair AB Total Revenue account and
Selling General Administrative. At this time, the significance of the direction appears to have strong relationship.
The correlation between Systemair's Total Revenue and Selling General Administrative is 0.66. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Systemair AB, assuming nothing else is changed. The correlation between historical values of Systemair's Total Revenue and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Systemair AB are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Total Revenue i.e., Systemair's Total Revenue and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | 0.66 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Revenue
Total revenue comprises all receipts Systemair AB generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Selling General Administrative
Most indicators from Systemair's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Systemair AB 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 Systemair AB. 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 628.1
M in 2024, whereas
Tax Provision is likely to drop slightly above 146.9
M in 2024.
Systemair fundamental ratios Correlations
Click cells to compare fundamentals
Systemair Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Systemair fundamental ratios Accounts
Also Currently Popular
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 Systemair Stock Analysis
When running Systemair's price analysis, check to
measure Systemair'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 Systemair is operating at the current time. Most of Systemair's value examination focuses on studying past and present price action to
predict the probability of Systemair's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Systemair's price. Additionally, you may evaluate how the addition of Systemair to your portfolios can decrease your overall portfolio volatility.