Foresight Group financial indicator trend analysis is much more than just examining Foresight Group Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Foresight Group Holdings is a good investment. Please check the relationship between Foresight Group Change To Netincome and its Change In Working Capital accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Foresight Group Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Change To Netincome vs Change In Working Capital
Change To Netincome vs Change In Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Foresight Group Holdings Change To Netincome account and Change In Working Capital. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Foresight Group's Change To Netincome and Change In Working Capital is -0.26. Overlapping area represents the amount of variation of Change To Netincome that can explain the historical movement of Change In Working Capital in the same time period over historical financial statements of Foresight Group Holdings, assuming nothing else is changed. The correlation between historical values of Foresight Group's Change To Netincome and Change In Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Netincome of Foresight Group Holdings are associated (or correlated) with its Change In Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Working Capital has no effect on the direction of Change To Netincome i.e., Foresight Group's Change To Netincome and Change In Working Capital go up and down completely randomly.
The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.
Most indicators from Foresight Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Foresight Group Holdings 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 Foresight Group Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
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.
Balance Sheet is a snapshot of the financial position of Foresight Group Holdings at a specified time, usually calculated after every quarter, six months, or one year. Foresight Group Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Foresight Group 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 Foresight currently owns. An asset can also be divided into two categories, current and non-current.