0MSD Stock | | | 15.95 0.28 1.79% |
CompuGroup Medical financial indicator trend analysis is way more than just evaluating CompuGroup Medical prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CompuGroup Medical is a good investment. Please check the relationship between CompuGroup Medical Selling General Administrative and its Property Plant Equipment accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in CompuGroup Medical AG. 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 vs Property Plant Equipment
Selling General Administrative vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
CompuGroup Medical Selling General Administrative account and
Property Plant Equipment. At this time, the significance of the direction appears to have pay attention.
The correlation between CompuGroup Medical's Selling General Administrative and Property Plant Equipment is -0.75. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of CompuGroup Medical AG, assuming nothing else is changed. The correlation between historical values of CompuGroup Medical's Selling General Administrative and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of CompuGroup Medical AG are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Selling General Administrative i.e., CompuGroup Medical's Selling General Administrative and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | -0.75 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Selling General Administrative
Property Plant Equipment
Most indicators from CompuGroup Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CompuGroup Medical 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 CompuGroup Medical AG. 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 47.5
M in 2024, whereas
Tax Provision is likely to drop slightly above 39.6
M in 2024.
CompuGroup Medical fundamental ratios Correlations
Click cells to compare fundamentals
CompuGroup Medical Account Relationship Matchups
High Positive Relationship
High Negative Relationship
CompuGroup Medical fundamental ratios Accounts
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measure CompuGroup Medical'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 CompuGroup Medical is operating at the current time. Most of CompuGroup Medical's value examination focuses on studying past and present price action to
predict the probability of CompuGroup Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CompuGroup Medical's price. Additionally, you may evaluate how the addition of CompuGroup Medical to your portfolios can decrease your overall portfolio volatility.