HROW Stock | | | USD 38.08 1.94 4.85% |
Harrow Health financial indicator trend analysis is much more than just examining Harrow Health latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Harrow Health is a good investment. Please check the relationship between Harrow Health Sale Purchase Of Stock and its Capital Expenditures accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Harrow Health. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
For more information on how to buy Harrow Stock please use our
How to Invest in Harrow Health guide.
Sale Purchase Of Stock vs Capital Expenditures
Sale Purchase Of Stock vs Capital Expenditures Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Harrow Health Sale Purchase Of Stock account and
Capital Expenditures. At this time, the significance of the direction appears to have pay attention.
The correlation between Harrow Health's Sale Purchase Of Stock and Capital Expenditures is -0.78. Overlapping area represents the amount of variation of Sale Purchase Of Stock that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of Harrow Health, assuming nothing else is changed. The correlation between historical values of Harrow Health's Sale Purchase Of Stock and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Sale Purchase Of Stock of Harrow Health are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Sale Purchase Of Stock i.e., Harrow Health's Sale Purchase Of Stock and Capital Expenditures go up and down completely randomly.
Correlation Coefficient | -0.78 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Sale Purchase Of Stock
Capital Expenditures
Capital Expenditures are funds used by Harrow Health to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Harrow Health operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Most indicators from Harrow Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Harrow Health 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 Harrow Health. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
For more information on how to buy Harrow Stock please use our
How to Invest in Harrow Health guide.At this time, Harrow Health's
Selling General Administrative is fairly stable compared to the past year.
Tax Provision is likely to climb to about 736
K in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.73 in 2024.
Harrow Health fundamental ratios Correlations
Click cells to compare fundamentals
Harrow Health Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Harrow Health fundamental ratios Accounts
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Additional Tools for Harrow Stock Analysis
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measure Harrow Health'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 Harrow Health is operating at the current time. Most of Harrow Health's value examination focuses on studying past and present price action to
predict the probability of Harrow Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Harrow Health's price. Additionally, you may evaluate how the addition of Harrow Health to your portfolios can decrease your overall portfolio volatility.