PLXS Stock | | | USD 166.11 2.33 1.38% |
Plexus Corp financial indicator trend analysis is much more than just breaking down Plexus Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Plexus Corp is a good investment. Please check the relationship between Plexus Corp Other Non Cash Items and its Change To Inventory accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Plexus Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in interest.
For more information on how to buy Plexus Stock please use our
How to Invest in Plexus Corp guide.
Other Non Cash Items vs Change To Inventory
Other Non Cash Items vs Change To Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Plexus Corp Other Non Cash Items account and
Change To Inventory. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Plexus Corp's Other Non Cash Items and Change To Inventory is -0.24. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Change To Inventory in the same time period over historical financial statements of Plexus Corp, assuming nothing else is changed. The correlation between historical values of Plexus Corp's Other Non Cash Items and Change To Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Non Cash Items of Plexus Corp are associated (or correlated) with its Change To Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Inventory has no effect on the direction of Other Non Cash Items i.e., Plexus Corp's Other Non Cash Items and Change To Inventory go up and down completely randomly.
Correlation Coefficient | -0.24 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Other Non Cash Items
Change To Inventory
The increase or decrease in the amount of inventory a company has over a certain period.
Most indicators from Plexus Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Plexus Corp 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 Plexus Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in interest.
For more information on how to buy Plexus Stock please use our
How to Invest in Plexus Corp guide.At this time, Plexus Corp's
Selling General Administrative is comparatively stable compared to the past year.
Tax Provision is likely to gain to about 19.5
M in 2024, whereas
Enterprise Value Over EBITDA is likely to drop 9.63 in 2024.
Plexus Corp fundamental ratios Correlations
Click cells to compare fundamentals
Plexus Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Plexus Corp fundamental ratios Accounts
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for Plexus Stock Analysis
When running Plexus Corp's price analysis, check to
measure Plexus Corp'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 Plexus Corp is operating at the current time. Most of Plexus Corp's value examination focuses on studying past and present price action to
predict the probability of Plexus Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Plexus Corp's price. Additionally, you may evaluate how the addition of Plexus Corp to your portfolios can decrease your overall portfolio volatility.