PIIIW Stock | | | USD 0.01 0 11.88% |
P3 Health financial indicator trend analysis is much more than just breaking down P3 Health Partners prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether P3 Health Partners is a good investment. Please check the relationship between P3 Health Capital Expenditures and its Investments accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in P3 Health Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
Capital Expenditures vs Investments
Capital Expenditures vs Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
P3 Health Partners Capital Expenditures account and
Investments. At this time, the significance of the direction appears to have weak relationship.
The correlation between P3 Health's Capital Expenditures and Investments is 0.39. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Investments in the same time period over historical financial statements of P3 Health Partners, assuming nothing else is changed. The correlation between historical values of P3 Health's Capital Expenditures and Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of P3 Health Partners are associated (or correlated) with its Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Investments has no effect on the direction of Capital Expenditures i.e., P3 Health's Capital Expenditures and Investments go up and down completely randomly.
Correlation Coefficient | 0.39 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Capital Expenditures
Capital Expenditures are funds used by P3 Health Partners to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of P3 Health operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Investments
Securities or assets acquired for generating income or appreciating in value, not used in daily operations.
Most indicators from P3 Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into P3 Health Partners 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 P3 Health Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
At this time, P3 Health's
Tax Provision is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to climb to 0.19 in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 65.1
M in 2024.
P3 Health fundamental ratios Correlations
Click cells to compare fundamentals
P3 Health Account Relationship Matchups
High Positive Relationship
High Negative Relationship
P3 Health fundamental ratios Accounts
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Additional Tools for PIIIW Stock Analysis
When running P3 Health's price analysis, check to
measure P3 Health'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 P3 Health is operating at the current time. Most of P3 Health's value examination focuses on studying past and present price action to
predict the probability of P3 Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move P3 Health's price. Additionally, you may evaluate how the addition of P3 Health to your portfolios can decrease your overall portfolio volatility.