Iron Road financial indicator trend analysis is infinitely more than just investigating Iron Road recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Iron Road is a good investment. Please check the relationship between Iron Road Property Plant And Equipment Net and its Property Plant Equipment accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Iron Road. 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.
Property Plant And Equipment Net vs Property Plant Equipment
Property Plant And Equipment Net vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Iron Road Property Plant And Equipment Net account and
Property Plant Equipment. At this time, the significance of the direction appears to have weak relationship.
The correlation between Iron Road's Property Plant And Equipment Net and Property Plant Equipment is 0.38. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Iron Road, assuming nothing else is changed. The correlation between historical values of Iron Road's Property Plant And Equipment Net and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Iron Road are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Property Plant And Equipment Net i.e., Iron Road's Property Plant And Equipment Net and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.38 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Property Plant Equipment
Most indicators from Iron Road's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Iron Road 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 Iron Road. 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 498.7
K in 2024.
Issuance Of Capital Stock is likely to drop to about 790.2
K in 2024
Iron Road fundamental ratios Correlations
Click cells to compare fundamentals
Iron Road Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Iron Road fundamental ratios Accounts
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Additional Tools for Iron Stock Analysis
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