TREEHOUSE | | | 15.69 0.29 1.88% |
Tree House financial indicator trend analysis is much more than just breaking down Tree House Education prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tree House Education is a good investment. Please check the relationship between Tree House Common Stock and its Good Will accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Tree House Education. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in rate.
Common Stock vs Good Will
Common Stock vs Good Will Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Tree House Education Common Stock account and
Good Will. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Tree House's Common Stock and Good Will is -0.32. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Good Will in the same time period over historical financial statements of Tree House Education, assuming nothing else is changed. The correlation between historical values of Tree House's Common Stock and Good Will 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 of Tree House Education are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Common Stock i.e., Tree House's Common Stock and Good Will go up and down completely randomly.
Correlation Coefficient | -0.32 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Common Stock
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from Tree House's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tree House Education 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 Tree House Education. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in rate.
Tax Provision is likely to gain to about 40.8
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 8.4
M in 2024.
Tree House fundamental ratios Correlations
Click cells to compare fundamentals
Tree House Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Tree House 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.
Additional Tools for Tree Stock Analysis
When running Tree House's price analysis, check to
measure Tree House'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 Tree House is operating at the current time. Most of Tree House's value examination focuses on studying past and present price action to
predict the probability of Tree House's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tree House's price. Additionally, you may evaluate how the addition of Tree House to your portfolios can decrease your overall portfolio volatility.