DOTD Stock | | | 87.00 4.00 4.40% |
Dotdigital Group financial indicator trend analysis is much more than just examining Dotdigital Group Plc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dotdigital Group Plc is a good investment. Please check the relationship between Dotdigital Group Other Stockholder Equity and its Property Plant Equipment accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dotdigital Group 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 board of governors.
Other Stockholder Equity vs Property Plant Equipment
Other Stockholder Equity vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Dotdigital Group Plc Other Stockholder Equity account and
Property Plant Equipment. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Dotdigital Group's Other Stockholder Equity and Property Plant Equipment is 0.86. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Dotdigital Group Plc, assuming nothing else is changed. The correlation between historical values of Dotdigital Group's Other Stockholder Equity 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 Other Stockholder Equity of Dotdigital Group Plc 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 Other Stockholder Equity i.e., Dotdigital Group's Other Stockholder Equity and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.86 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Other Stockholder Equity
Property Plant Equipment
Most indicators from Dotdigital Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dotdigital Group 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
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dotdigital Group 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 board of governors.
Selling General Administrative is likely to drop to about 5.9
M in 2024.
Discontinued Operations is likely to gain to about (768.6
K) in 2024
Dotdigital Group fundamental ratios Correlations
Click cells to compare fundamentals
Dotdigital Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Dotdigital Group fundamental ratios Accounts
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