FCIT Stock | | | 1,118 6.00 0.54% |
FC Investment financial indicator trend analysis is much more than just examining FC Investment Trust latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether FC Investment Trust is a good investment. Please check the relationship between FC Investment Current Deferred Revenue and its Total Current Assets accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FC Investment 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 board of governors.
Current Deferred Revenue vs Total Current Assets
Current Deferred Revenue vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
FC Investment Trust Current Deferred Revenue account and
Total Current Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between FC Investment's Current Deferred Revenue and Total Current Assets is -0.04. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of FC Investment Trust, assuming nothing else is changed. The correlation between historical values of FC Investment's Current Deferred Revenue and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of FC Investment Trust are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Current Deferred Revenue i.e., FC Investment's Current Deferred Revenue and Total Current Assets go up and down completely randomly.
Correlation Coefficient | -0.04 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from FC Investment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into FC Investment 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 FC Investment 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 board of governors.
Issuance Of Capital Stock is likely to gain to about 4.4
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 2.2
M in 2024.
FC Investment fundamental ratios Correlations
Click cells to compare fundamentals
FC Investment Account Relationship Matchups
High Positive Relationship
High Negative Relationship
FC Investment fundamental ratios Accounts
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Additional Tools for FCIT Stock Analysis
When running FC Investment's price analysis, check to
measure FC Investment'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 FC Investment is operating at the current time. Most of FC Investment's value examination focuses on studying past and present price action to
predict the probability of FC Investment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FC Investment's price. Additionally, you may evaluate how the addition of FC Investment to your portfolios can decrease your overall portfolio volatility.