| HMSO Stock | | | 288.60 0.40 0.14% |
Hammerson PLC financial indicator trend analysis is much more than just examining Hammerson PLC latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hammerson PLC is a good investment. Please check the relationship between Hammerson PLC Short Term Investments and its Cash accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hammerson PLC. 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.
Short Term Investments vs Cash
Short Term Investments vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Hammerson PLC Short Term Investments account and
Cash. At this time, the significance of the direction appears to have weak relationship.
The correlation between Hammerson PLC's Short Term Investments and Cash is 0.31. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Cash in the same time period over historical financial statements of Hammerson PLC, assuming nothing else is changed. The correlation between historical values of Hammerson PLC's Short 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 Short Term Investments of Hammerson PLC 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 Short Term Investments i.e., Hammerson PLC's Short Term Investments and Cash go up and down completely randomly.
Correlation Coefficient | 0.31 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Short Term Investments
Short Term Investments is an item under the current assets section of Hammerson PLC balance sheet. It contains any investments Hammerson PLC undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Hammerson PLC can easily liquidate in the marketplace.
Cash
Cash refers to the most liquid asset of Hammerson PLC, which is listed under current asset account on Hammerson PLC balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Hammerson PLC customers. The amounts must be unrestricted with restricted cash listed in a different Hammerson PLC 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 Hammerson PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hammerson PLC 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 Hammerson PLC. 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.
Tax Provision is likely to gain to about 1
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 50.2
M in 2024.
Hammerson PLC fundamental ratios Correlations
Click cells to compare fundamentals
Hammerson PLC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hammerson PLC fundamental ratios Accounts
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Additional Tools for Hammerson Stock Analysis
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measure Hammerson PLC'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 Hammerson PLC is operating at the current time. Most of Hammerson PLC's value examination focuses on studying past and present price action to
predict the probability of Hammerson PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hammerson PLC's price. Additionally, you may evaluate how the addition of Hammerson PLC to your portfolios can decrease your overall portfolio volatility.