| HRI Stock | | | 2,370 15.00 0.64% |
Herald Investment financial indicator trend analysis is much more than just examining Herald Investment Trust latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Herald Investment Trust is a good investment. Please check the relationship between Herald Investment Free Cash Flow and its Depreciation accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Herald Investment Trust. 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.
Free Cash Flow vs Depreciation
Free Cash Flow vs Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Herald Investment Trust Free Cash Flow account and
Depreciation. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Herald Investment's Free Cash Flow and Depreciation is 0.58. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Depreciation in the same time period over historical financial statements of Herald Investment Trust, assuming nothing else is changed. The correlation between historical values of Herald Investment's Free Cash Flow 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 Free Cash Flow of Herald Investment Trust 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 Free Cash Flow i.e., Herald Investment's Free Cash Flow and Depreciation go up and down completely randomly.
Correlation Coefficient | 0.58 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.
Depreciation
Depreciation indicates how much of Herald Investment Trust value has been used up. For tax purposes Herald Investment can deduct the cost of the tangible assets it purchases as business expenses. However, Herald Investment Trust 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 Herald Investment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Herald Investment Trust 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 Herald Investment Trust. 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.
The current year's
Selling General Administrative is expected to grow to about 14
M, whereas
Tax Provision is forecasted to decline to about 399.6
K.
Herald Investment fundamental ratios Correlations
Click cells to compare fundamentals
Herald Investment Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Herald Investment 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 Herald Stock
Balance Sheet is a snapshot of the
financial position of Herald Investment Trust at a specified time, usually calculated after every quarter, six months, or one year. Herald Investment Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Herald Investment 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 Herald currently owns. An asset can also be divided into two categories, current and non-current.