| 0R9G Stock | | | 1.69 0.01 0.59% |
Naturhouse Health financial indicator trend analysis is infinitely more than just investigating Naturhouse Health recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Naturhouse Health is a good investment. Please check the relationship between Naturhouse Health Change To Inventory and its Capital Expenditures accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Naturhouse Health SA. 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.
Change To Inventory vs Capital Expenditures
Change To Inventory vs Capital Expenditures Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Naturhouse Health Change To Inventory account and
Capital Expenditures. At this time, the significance of the direction appears to have pay attention.
The correlation between Naturhouse Health's Change To Inventory and Capital Expenditures is -0.88. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of Naturhouse Health SA, assuming nothing else is changed. The correlation between historical values of Naturhouse Health's Change To Inventory and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Inventory of Naturhouse Health SA are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Change To Inventory i.e., Naturhouse Health's Change To Inventory and Capital Expenditures go up and down completely randomly.
Correlation Coefficient | -0.88 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Change To Inventory
The increase or decrease in the amount of inventory a company has over a certain period.
Capital Expenditures
Capital Expenditures are funds used by Naturhouse Health to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Naturhouse Health operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Most indicators from Naturhouse Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Naturhouse Health 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 Naturhouse Health SA. 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.
At this time, Naturhouse Health's
Tax Provision is comparatively stable compared to the past year.
Selling General Administrative is likely to gain to about 21.2
M in 2024, whereas
Discontinued Operations is likely to drop (4.6
M) in 2024.
Naturhouse Health fundamental ratios Correlations
Click cells to compare fundamentals
Naturhouse Health Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Naturhouse Health 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 Naturhouse Stock Analysis
When running Naturhouse Health's price analysis, check to
measure Naturhouse Health'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 Naturhouse Health is operating at the current time. Most of Naturhouse Health's value examination focuses on studying past and present price action to
predict the probability of Naturhouse Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Naturhouse Health's price. Additionally, you may evaluate how the addition of Naturhouse Health to your portfolios can decrease your overall portfolio volatility.