TWD Stock | | | 2.69 0.02 0.74% |
Tamawood financial indicator trend analysis is much more than just breaking down Tamawood prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tamawood is a good investment. Please check the relationship between Tamawood Non Currrent Assets Other and its Net Receivables accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Tamawood. 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.
Non Currrent Assets Other vs Net Receivables
Non Currrent Assets Other vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Tamawood Non Currrent Assets Other account and
Net Receivables. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Tamawood's Non Currrent Assets Other and Net Receivables is -0.4. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Tamawood, assuming nothing else is changed. The correlation between historical values of Tamawood's Non Currrent Assets Other and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Tamawood are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Non Currrent Assets Other i.e., Tamawood's Non Currrent Assets Other and Net Receivables go up and down completely randomly.
Correlation Coefficient | -0.4 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Net Receivables
Most indicators from Tamawood's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tamawood 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 Tamawood. 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.
Selling General Administrative is likely to gain to about 8.1
M in 2024, whereas
Tax Provision is likely to drop slightly above 1.9
M in 2024.
Tamawood fundamental ratios Correlations
Click cells to compare fundamentals
Tamawood Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Tamawood fundamental ratios Accounts
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Additional Tools for Tamawood Stock Analysis
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measure Tamawood'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 Tamawood is operating at the current time. Most of Tamawood's value examination focuses on studying past and present price action to
predict the probability of Tamawood's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tamawood's price. Additionally, you may evaluate how the addition of Tamawood to your portfolios can decrease your overall portfolio volatility.