LORD Stock | | | 36.20 0.30 0.82% |
Lords Grp financial indicator trend analysis is infinitely more than just investigating Lords Grp Trading recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lords Grp Trading is a good investment. Please check the relationship between Lords Grp Non Current Liabilities Total and its Cash accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lords Grp Trading. 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.
Non Current Liabilities Total vs Cash
Non Current Liabilities Total vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Lords Grp Trading Non Current Liabilities Total account and
Cash. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Lords Grp's Non Current Liabilities Total and Cash is 0.94. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Cash in the same time period over historical financial statements of Lords Grp Trading, assuming nothing else is changed. The correlation between historical values of Lords Grp's Non Current Liabilities Total and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Lords Grp Trading are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Non Current Liabilities Total i.e., Lords Grp's Non Current Liabilities Total and Cash go up and down completely randomly.
Correlation Coefficient | 0.94 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Non Current Liabilities Total
Cash
Cash refers to the most liquid asset of Lords Grp Trading, which is listed under current asset account on Lords Grp Trading balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Lords Grp customers. The amounts must be unrestricted with restricted cash listed in a different Lords Grp account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Lords Grp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lords Grp Trading 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
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lords Grp Trading. 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.
Tax Provision is likely to gain to about 1.5
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 42.3
M in 2024.
Lords Grp fundamental ratios Correlations
Click cells to compare fundamentals
Lords Grp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lords Grp fundamental ratios Accounts
Also Currently Popular
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.
Additional Tools for Lords Stock Analysis
When running Lords Grp's price analysis, check to
measure Lords Grp'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 Lords Grp is operating at the current time. Most of Lords Grp's value examination focuses on studying past and present price action to
predict the probability of Lords Grp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lords Grp's price. Additionally, you may evaluate how the addition of Lords Grp to your portfolios can decrease your overall portfolio volatility.