| HPI Stock | | | 3.71 0.01 0.27% |
Hotel Property financial indicator trend analysis is much more than just examining Hotel Property Inves latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hotel Property Inves is a good investment. Please check the relationship between Hotel Property Investments and its Depreciation accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hotel Property Investments. 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.
Investments vs Depreciation
Investments vs Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Hotel Property Inves Investments account and
Depreciation. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Hotel Property's Investments and Depreciation is -0.7. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Depreciation in the same time period over historical financial statements of Hotel Property Investments, assuming nothing else is changed. The correlation between historical values of Hotel Property's Investments and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Investments of Hotel Property Investments are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Investments i.e., Hotel Property's Investments and Depreciation go up and down completely randomly.
Correlation Coefficient | -0.7 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Investments
Securities or assets acquired for generating income or appreciating in value, not used in daily operations.
Depreciation
Depreciation indicates how much of Hotel Property Inves value has been used up. For tax purposes Hotel Property can deduct the cost of the tangible assets it purchases as business expenses. However, Hotel Property Investments must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from Hotel Property's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hotel Property Inves 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 Hotel Property Investments. 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.
Selling General Administrative is likely to drop to about 1.8
M in 2024.
Tax Provision is likely to gain to about (18.1
K) in 2024
Hotel Property fundamental ratios Correlations
Click cells to compare fundamentals
Hotel Property Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hotel Property fundamental ratios Accounts
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Additional Tools for Hotel Stock Analysis
When running Hotel Property's price analysis, check to
measure Hotel Property'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 Hotel Property is operating at the current time. Most of Hotel Property's value examination focuses on studying past and present price action to
predict the probability of Hotel Property's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hotel Property's price. Additionally, you may evaluate how the addition of Hotel Property to your portfolios can decrease your overall portfolio volatility.