LTRYW Stock | | | USD 0.01 0.0008 10.00% |
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 Income Before Tax and its Tax Provision 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.
Income Before Tax vs Tax Provision
Income Before Tax vs Tax Provision Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Lottery, Warrants Income Before Tax account and
Tax Provision. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Lottery, Warrants' Income Before Tax and Tax Provision is -0.05. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Tax Provision 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' Income Before Tax and Tax Provision is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Lottery, Warrants are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Income Before Tax i.e., Lottery, Warrants' Income Before Tax and Tax Provision go up and down completely randomly.
Correlation Coefficient | -0.05 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Lottery, Warrants income statement and is an important metric when analyzing Lottery, Warrants profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
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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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 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.