ESS Stock | | | USD 284.43 3.28 1.14% |
Essex Property financial indicator trend analysis is much more than just examining Essex Property Trust latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Essex Property Trust is a good investment. Please check the relationship between Essex Property Total Cash From Operating Activities and its Gross Profit Margin accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Essex Property Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Essex Property Trust Total Cash From Operating Activities account and
Gross Profit Margin. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Essex Property's Total Cash From Operating Activities and Gross Profit Margin is -0.35. Overlapping area represents the amount of variation of Total Cash From Operating Activities that can explain the historical movement of Gross Profit Margin in the same time period over historical financial statements of Essex Property Trust, assuming nothing else is changed. The correlation between historical values of Essex Property's Total Cash From Operating Activities and Gross Profit Margin is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Cash From Operating Activities of Essex Property Trust are associated (or correlated) with its Gross Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit Margin has no effect on the direction of Total Cash From Operating Activities i.e., Essex Property's Total Cash From Operating Activities and Gross Profit Margin go up and down completely randomly.
Correlation Coefficient | -0.35 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Most indicators from Essex Property's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Essex Property Trust 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 Essex Property Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
At this time, Essex Property's
Sales General And Administrative To Revenue is comparatively stable compared to the past year.
Enterprise Value Over EBITDA is likely to gain to 15.30 in 2024, whereas
Discontinued Operations is likely to drop slightly above 22.7
M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 959.1M | 1.1B | 1.1B | 1.2B | Total Revenue | 1.4B | 1.6B | 1.7B | 1.8B |
When running Essex Property's price analysis, check to
measure Essex Property'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 Essex Property is operating at the current time. Most of Essex Property's value examination focuses on studying past and present price action to
predict the probability of Essex Property's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Essex Property's price. Additionally, you may evaluate how the addition of Essex Property to your portfolios can decrease your overall portfolio volatility.