Centrica PLC financial indicator trend analysis is way more than just evaluating Centrica PLC prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Centrica PLC is a good investment. Please check the relationship between Centrica PLC Gross Profit and its Research Development accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Centrica PLC. 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.
Gross Profit vs Research Development
Gross Profit vs Research Development Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Centrica PLC Gross Profit account and Research Development. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Centrica PLC's Gross Profit and Research Development is -0.53. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Research Development in the same time period over historical financial statements of Centrica PLC, assuming nothing else is changed. The correlation between historical values of Centrica PLC's Gross Profit and Research Development is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Centrica PLC are associated (or correlated) with its Research Development. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Research Development has no effect on the direction of Gross Profit i.e., Centrica PLC's Gross Profit and Research Development go up and down completely randomly.
Gross profit is a required income statement account that reflects total revenue of Centrica PLC minus its cost of goods sold. It is profit before Centrica PLC operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Research Development
Most indicators from Centrica PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Centrica PLC 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 Centrica PLC. 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.
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.
Balance Sheet is a snapshot of the financial position of Centrica PLC at a specified time, usually calculated after every quarter, six months, or one year. Centrica PLC Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Centrica PLC 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 Centrica currently owns. An asset can also be divided into two categories, current and non-current.