TXT Stock | | | USD 85.63 0.55 0.65% |
Textron financial indicator trend analysis is much more than just breaking down Textron prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Textron is a good investment. Please check the relationship between Textron Treasury Stock and its Long Term Debt Total accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Textron. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in interest.
For more information on how to buy Textron Stock please use our
How to Invest in Textron guide.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Textron Treasury Stock account and
Long Term Debt Total. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Textron's Treasury Stock and Long Term Debt Total is -0.01. Overlapping area represents the amount of variation of Treasury Stock that can explain the historical movement of Long Term Debt Total in the same time period over historical financial statements of Textron, assuming nothing else is changed. The correlation between historical values of Textron's Treasury Stock and Long Term Debt 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 Treasury Stock of Textron are associated (or correlated) with its Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt Total has no effect on the direction of Treasury Stock i.e., Textron's Treasury Stock and Long Term Debt Total go up and down completely randomly.
Correlation Coefficient | -0.01 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Most indicators from Textron's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Textron 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 Textron. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in interest.
For more information on how to buy Textron Stock please use our
How to Invest in Textron guide.
Selling General Administrative is likely to gain to about 1.4
B in 2024, despite the fact that
Discontinued Operations is likely to grow to (855
K).
When running Textron's price analysis, check to
measure Textron'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 Textron is operating at the current time. Most of Textron's value examination focuses on studying past and present price action to
predict the probability of Textron's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Textron's price. Additionally, you may evaluate how the addition of Textron to your portfolios can decrease your overall portfolio volatility.