FRETAIL Stock | | | 2.28 0.00 0.00% |
Future Retail financial indicator trend analysis is much more than just examining Future Retail Limited latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Future Retail Limited is a good investment. Please check the relationship between Future Retail Common Stock Shares Outstanding and its Other Assets accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Future Retail Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
Common Stock Shares Outstanding vs Other Assets
Common Stock Shares Outstanding vs Other Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Future Retail Limited Common Stock Shares Outstanding account and
Other Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Future Retail's Common Stock Shares Outstanding and Other Assets is 0.9. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Other Assets in the same time period over historical financial statements of Future Retail Limited, assuming nothing else is changed. The correlation between historical values of Future Retail's Common Stock Shares Outstanding and Other 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 Common Stock Shares Outstanding of Future Retail Limited are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Common Stock Shares Outstanding i.e., Future Retail's Common Stock Shares Outstanding and Other Assets go up and down completely randomly.
Correlation Coefficient | 0.9 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
Other Assets
Most indicators from Future Retail's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Future Retail Limited 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 Future Retail Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
Tax Provision is expected to rise to about 253.9
M this year, although the value of
Selling General Administrative will most likely fall to about 83.8
M.
Future Retail fundamental ratios Correlations
Click cells to compare fundamentals
Future Retail Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Future Retail fundamental ratios Accounts
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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.
Other Information on Investing in Future Stock
Balance Sheet is a snapshot of the
financial position of Future Retail Limited at a specified time, usually calculated after every quarter, six months, or one year. Future Retail Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Future Retail 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 Future currently owns. An asset can also be divided into two categories, current and non-current.