| RGT Stock | | | USD 11.94 0.13 1.10% |
Royce Global financial indicator trend analysis is much more than just breaking down Royce Global Value prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Royce Global Value is a good investment. Please check the relationship between Royce Global Total Operating Expenses and its Total Other Income Expense Net accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Royce Global Value. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in price.
Total Operating Expenses vs Total Other Income Expense Net
Total Operating Expenses vs Total Other Income Expense Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Royce Global Value Total Operating Expenses account and
Total Other Income Expense Net. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Royce Global's Total Operating Expenses and Total Other Income Expense Net is -0.09. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Total Other Income Expense Net in the same time period over historical financial statements of Royce Global Value, assuming nothing else is changed. The correlation between historical values of Royce Global's Total Operating Expenses and Total Other Income Expense Net 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 Operating Expenses of Royce Global Value are associated (or correlated) with its Total Other Income Expense Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Other Income Expense Net has no effect on the direction of Total Operating Expenses i.e., Royce Global's Total Operating Expenses and Total Other Income Expense Net go up and down completely randomly.
Correlation Coefficient | -0.09 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Total Other Income Expense Net
Most indicators from Royce Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Royce Global Value 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 Royce Global Value. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in price.
At this time, Royce Global's
Selling General Administrative is comparatively stable compared to the past year.
Enterprise Value Over EBITDA is likely to gain to 0.10 in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.01 in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Total Operating Expenses | 396.1K | 340.0K | 2.4M | 2.5M | Cost Of Revenue | 1.1M | 864.4K | 870.0K | 1.4M |
Royce Global fundamental ratios Correlations
Click cells to compare fundamentals
Royce Global Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Royce Global fundamental ratios Accounts
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Additional Tools for Royce Stock Analysis
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