SNL Stock | | | 32.40 0.24 0.74% |
Supply Network financial indicator trend analysis is much more than just breaking down Supply Network prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Supply Network is a good investment. Please check the relationship between Supply Network Common Stock Total Equity and its Common Stock accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Supply Network. 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.
Common Stock Total Equity vs Common Stock
Common Stock Total Equity vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Supply Network Common Stock Total Equity account and
Common Stock. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Supply Network's Common Stock Total Equity and Common Stock is 0.84. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Common Stock in the same time period over historical financial statements of Supply Network, assuming nothing else is changed. The correlation between historical values of Supply Network's Common Stock Total 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 Common Stock Total Equity of Supply Network 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 Common Stock Total Equity i.e., Supply Network's Common Stock Total Equity and Common Stock go up and down completely randomly.
Correlation Coefficient | 0.84 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Common Stock
Most indicators from Supply Network's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Supply Network 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
World Market Map to better understand how to build diversified portfolios, which includes a position in Supply Network. 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.
At this time, Supply Network's
Selling General Administrative is comparatively stable compared to the past year.
Tax Provision is likely to gain to about 14.8
M in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 11.1
M in 2024.
Supply Network fundamental ratios Correlations
Click cells to compare fundamentals
Supply Network Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Supply Network fundamental ratios Accounts
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Additional Tools for Supply Stock Analysis
When running Supply Network's price analysis, check to
measure Supply Network'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 Supply Network is operating at the current time. Most of Supply Network's value examination focuses on studying past and present price action to
predict the probability of Supply Network's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Supply Network's price. Additionally, you may evaluate how the addition of Supply Network to your portfolios can decrease your overall portfolio volatility.