HEG financial indicator trend analysis is much more than just examining HEG Limited latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether HEG Limited is a good investment. Please check the relationship between HEG Total Revenue and its Net Income From Continuing Ops accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HEG 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 board of governors.
Total Revenue vs Net Income From Continuing Ops
Total Revenue vs Net Income From Continuing Ops Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HEG Limited Total Revenue account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have almost identical trend.
The correlation between HEG's Total Revenue and Net Income From Continuing Ops is 0.95. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of HEG Limited, assuming nothing else is changed. The correlation between historical values of HEG's Total Revenue and Net Income From Continuing Ops 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 Revenue of HEG Limited are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Total Revenue i.e., HEG's Total Revenue and Net Income From Continuing Ops go up and down completely randomly.
Total revenue comprises all receipts HEG Limited generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Net Income From Continuing Ops
Most indicators from HEG's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into HEG 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HEG 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 board of governors.
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 HEG Limited at a specified time, usually calculated after every quarter, six months, or one year. HEG Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of HEG 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 HEG currently owns. An asset can also be divided into two categories, current and non-current.