PGH Stock | | | 0.81 0.01 1.22% |
Pact Group financial indicator trend analysis is much more than just breaking down Pact Group Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pact Group Holdings is a good investment. Please check the relationship between Pact Group Common Stock and its Total Liab accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pact Group Holdings. 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.
Common Stock vs Total Liab
Common Stock vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Pact Group Holdings Common Stock account and
Total Liab. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Pact Group's Common Stock and Total Liab is -0.07. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Total Liab in the same time period over historical financial statements of Pact Group Holdings, assuming nothing else is changed. The correlation between historical values of Pact Group's Common Stock and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Pact Group Holdings are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Common Stock i.e., Pact Group's Common Stock and Total Liab go up and down completely randomly.
Correlation Coefficient | -0.07 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Common Stock
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from Pact Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pact Group Holdings 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
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pact Group Holdings. 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 685.2
M in 2024.
Tax Provision is likely to drop to about 4.4
M in 2024
Pact Group fundamental ratios Correlations
Click cells to compare fundamentals
Pact Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pact Group fundamental ratios Accounts
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Additional Tools for Pact Stock Analysis
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measure Pact Group'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 Pact Group is operating at the current time. Most of Pact Group's value examination focuses on studying past and present price action to
predict the probability of Pact Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pact Group's price. Additionally, you may evaluate how the addition of Pact Group to your portfolios can decrease your overall portfolio volatility.