FPH Stock | | | 33.55 0.13 0.39% |
Fisher Paykel financial indicator trend analysis is much more than just examining Fisher Paykel Healthcare latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fisher Paykel Healthcare is a good investment. Please check the relationship between Fisher Paykel Long Term Investments and its Cash accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fisher Paykel Healthcare. 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.
Long Term Investments vs Cash
Long Term Investments vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Fisher Paykel Healthcare Long Term Investments account and
Cash. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Fisher Paykel's Long Term Investments and Cash is -0.3. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Cash in the same time period over historical financial statements of Fisher Paykel Healthcare, assuming nothing else is changed. The correlation between historical values of Fisher Paykel's Long Term Investments and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Fisher Paykel Healthcare are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Long Term Investments i.e., Fisher Paykel's Long Term Investments and Cash go up and down completely randomly.
Correlation Coefficient | -0.3 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Long Term Investments
Long Term Investments is an item on the asset side of Fisher Paykel balance sheet that represents investments Fisher Paykel Healthcare intends to hold for over a year. Fisher Paykel Healthcare long term investments may include different instruments such as stocks, bonds, real estate and cash.
Cash
Cash refers to the most liquid asset of Fisher Paykel Healthcare, which is listed under current asset account on Fisher Paykel Healthcare balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Fisher Paykel customers. The amounts must be unrestricted with restricted cash listed in a different Fisher Paykel account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Fisher Paykel's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fisher Paykel Healthcare 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 Fisher Paykel Healthcare. 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.
At this time, Fisher Paykel's
Discontinued Operations is comparatively stable compared to the past year.
Selling General Administrative is likely to gain to about 517.4
M in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 2.8
M in 2024.
Fisher Paykel fundamental ratios Correlations
Click cells to compare fundamentals
Fisher Paykel Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Fisher Paykel fundamental ratios Accounts
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Additional Tools for Fisher Stock Analysis
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measure Fisher Paykel'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 Fisher Paykel is operating at the current time. Most of Fisher Paykel's value examination focuses on studying past and present price action to
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