PGHL Stock | | | 5,600 4.75 0.08% |
Procter Gamble financial indicator trend analysis is much more than just breaking down Procter Gamble Health prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Procter Gamble Health is a good investment. Please check the relationship between Procter Gamble Total Stockholder Equity and its Common Stock accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Procter Gamble Health. 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.
For more information on how to buy Procter Stock please use our
How to Invest in Procter Gamble guide.
Total Stockholder Equity vs Common Stock
Total Stockholder Equity vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Procter Gamble Health Total Stockholder Equity account and
Common Stock. At this time, the significance of the direction appears to have no relationship.
The correlation between Procter Gamble's Total Stockholder Equity and Common Stock is 0.03. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Common Stock in the same time period over historical financial statements of Procter Gamble Health, assuming nothing else is changed. The correlation between historical values of Procter Gamble's Total Stockholder Equity and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Procter Gamble Health are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Total Stockholder Equity i.e., Procter Gamble's Total Stockholder Equity and Common Stock go up and down completely randomly.
Correlation Coefficient | 0.03 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Common Stock
Most indicators from Procter Gamble's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Procter Gamble Health 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 Procter Gamble Health. 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.
For more information on how to buy Procter Stock please use our
How to Invest in Procter Gamble guide.At this time, Procter Gamble's
Selling General Administrative is comparatively stable compared to the past year.
Discontinued Operations is likely to gain to about 8.9
B in 2024, whereas
Tax Provision is likely to drop slightly above 691.9
M in 2024.
Procter Gamble fundamental ratios Correlations
Click cells to compare fundamentals
Procter Gamble Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Procter Gamble 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 Procter Stock Analysis
When running Procter Gamble's price analysis, check to
measure Procter Gamble'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 Procter Gamble is operating at the current time. Most of Procter Gamble's value examination focuses on studying past and present price action to
predict the probability of Procter Gamble's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Procter Gamble's price. Additionally, you may evaluate how the addition of Procter Gamble to your portfolios can decrease your overall portfolio volatility.