BRK Stock | | | 1,605 25.00 1.58% |
Brooks Macdonald financial indicator trend analysis is way more than just evaluating Brooks Macdonald prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Brooks Macdonald is a good investment. Please check the relationship between Brooks Macdonald Income Tax Expense and its Selling General Administrative accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Brooks Macdonald Group. 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.
Income Tax Expense vs Selling General Administrative
Income Tax Expense vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Brooks Macdonald Income Tax Expense account and
Selling General Administrative. At this time, the significance of the direction appears to have strong relationship.
The correlation between Brooks Macdonald's Income Tax Expense and Selling General Administrative is 0.61. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Brooks Macdonald Group, assuming nothing else is changed. The correlation between historical values of Brooks Macdonald's Income Tax Expense 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 Income Tax Expense of Brooks Macdonald Group 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 Income Tax Expense i.e., Brooks Macdonald's Income Tax Expense and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | 0.61 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Income Tax Expense
Selling General Administrative
Most indicators from Brooks Macdonald's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Brooks Macdonald 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 Brooks Macdonald Group. 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.
As of December 16, 2024, Selling General Administrative is expected to decline to about 56.6
M. The current year's
Discontinued Operations is expected to grow to about (337.7
K)
Brooks Macdonald fundamental ratios Correlations
Click cells to compare fundamentals
Brooks Macdonald Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Brooks Macdonald 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.
Other Information on Investing in Brooks Stock
Balance Sheet is a snapshot of the
financial position of Brooks Macdonald at a specified time, usually calculated after every quarter, six months, or one year. Brooks Macdonald Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Brooks Macdonald and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Brooks currently owns. An asset can also be divided into two categories, current and non-current.