LTRYW Stock | | | USD 0.01 0 15.94% |
Lottery, Warrants financial indicator trend analysis is infinitely more than just investigating Lottery, Warrants recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lottery, Warrants is a good investment. Please check the relationship between Lottery, Warrants Good Will and its Net Receivables accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lottery, Warrants. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in manufacturing.
For more information on how to buy Lottery, Stock please use our
How to Invest in Lottery, Warrants guide.
Good Will vs Net Receivables
Good Will vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Lottery, Warrants Good Will account and
Net Receivables. At this time, the significance of the direction appears to have strong relationship.
The correlation between Lottery, Warrants' Good Will and Net Receivables is 0.62. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Lottery, Warrants, assuming nothing else is changed. The correlation between historical values of Lottery, Warrants' Good Will and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Lottery, Warrants are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Good Will i.e., Lottery, Warrants' Good Will and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.62 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Net Receivables
Most indicators from Lottery, Warrants' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lottery, Warrants 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 Lottery, Warrants. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in manufacturing.
For more information on how to buy Lottery, Stock please use our
How to Invest in Lottery, Warrants guide.At this time, Lottery, Warrants'
Tax Provision is fairly stable compared to the past year.
Selling General Administrative is likely to climb to about 26.4
M in 2024, whereas
Enterprise Value Over EBITDA is likely to drop
(0.70) in 2024.
Lottery, Warrants fundamental ratios Correlations
Click cells to compare fundamentals
Lottery, Warrants Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lottery, Warrants fundamental ratios Accounts
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Additional Tools for Lottery, Stock Analysis
When running Lottery, Warrants' price analysis, check to
measure Lottery, Warrants' 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 Lottery, Warrants is operating at the current time. Most of Lottery, Warrants' value examination focuses on studying past and present price action to
predict the probability of Lottery, Warrants' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lottery, Warrants' price. Additionally, you may evaluate how the addition of Lottery, Warrants to your portfolios can decrease your overall portfolio volatility.