The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Israel Acquisitions Corp Operating Profit Margin account and
Pretax Profit Margin. At this time, the significance of the direction appears to have very week relationship.
The correlation between Israel Acquisitions' Operating Profit Margin and Pretax Profit Margin is 0.2. Overlapping area represents the amount of variation of Operating Profit Margin that can explain the historical movement of Pretax Profit Margin in the same time period over historical financial statements of Israel Acquisitions Corp, assuming nothing else is changed. The correlation between historical values of Israel Acquisitions' Operating Profit Margin and Pretax Profit Margin is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Profit Margin of Israel Acquisitions Corp are associated (or correlated) with its Pretax Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pretax Profit Margin has no effect on the direction of Operating Profit Margin i.e., Israel Acquisitions' Operating Profit Margin and Pretax Profit Margin go up and down completely randomly.
Correlation Coefficient | 0.2 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Most indicators from Israel Acquisitions' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Israel Acquisitions Corp 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 Israel Acquisitions Corp. 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.
At this time, Israel Acquisitions'
Enterprise Value Over EBITDA is comparatively stable compared to the past year.
Enterprise Value Multiple is likely to gain to 35.58 in 2024, whereas
Selling General Administrative is likely to drop slightly above 732.2
K in 2024.
When running Israel Acquisitions' price analysis, check to
measure Israel Acquisitions' 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 Israel Acquisitions is operating at the current time. Most of Israel Acquisitions' value examination focuses on studying past and present price action to
predict the probability of Israel Acquisitions' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Israel Acquisitions' price. Additionally, you may evaluate how the addition of Israel Acquisitions to your portfolios can decrease your overall portfolio volatility.