REPCOHOME | | | 493.00 12.45 2.46% |
Repco Home financial indicator trend analysis is much more than just breaking down Repco Home Finance prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Repco Home Finance is a good investment. Please check the relationship between Repco Home Retained Earnings and its Non Current Assets Total accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Repco Home Finance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
Retained Earnings vs Non Current Assets Total
Retained Earnings vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Repco Home Finance Retained Earnings account and
Non Current Assets Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Repco Home's Retained Earnings and Non Current Assets Total is 0.8. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Repco Home Finance, assuming nothing else is changed. The correlation between historical values of Repco Home's Retained Earnings and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Repco Home Finance are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Retained Earnings i.e., Repco Home's Retained Earnings and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | 0.8 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Repco Home's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Repco Home Finance 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 Repco Home Finance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
As of the 29th of November 2024,
Selling General Administrative is likely to grow to about 1.1
B, while
Tax Provision is likely to drop about 1.1
B.
Repco Home fundamental ratios Correlations
Click cells to compare fundamentals
Repco Home Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Repco Home 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.
Other Information on Investing in Repco Stock
Balance Sheet is a snapshot of the
financial position of Repco Home Finance at a specified time, usually calculated after every quarter, six months, or one year. Repco Home Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Repco Home and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Repco currently owns. An asset can also be divided into two categories, current and non-current.