UTZ Stock | | | USD 17.48 0.18 1.04% |
Utz Brands financial indicator trend analysis is much more than just breaking down Utz Brands prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Utz Brands is a good investment. Please check the relationship between Utz Brands Ebit and its Net Income From Continuing Ops accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Utz Brands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
For more information on how to buy Utz Stock please use our
How to Invest in Utz Brands guide.
Ebit vs Net Income From Continuing Ops
Ebit vs Net Income From Continuing Ops Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Utz Brands Ebit account and
Net Income From Continuing Ops. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Utz Brands' Ebit and Net Income From Continuing Ops is -0.28. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Utz Brands, assuming nothing else is changed. The correlation between historical values of Utz Brands' Ebit and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of Utz Brands are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Ebit i.e., Utz Brands' Ebit and Net Income From Continuing Ops go up and down completely randomly.
Correlation Coefficient | -0.28 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Ebit
Net Income From Continuing Ops
Most indicators from Utz Brands' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Utz Brands 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 Utz Brands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
For more information on how to buy Utz Stock please use our
How to Invest in Utz Brands guide.At this time, Utz Brands'
Tax Provision is fairly stable compared to the past year.
Enterprise Value Over EBITDA is likely to rise to 23.44 in 2024, whereas
Selling General Administrative is likely to drop slightly above 104.3
M in 2024.
Utz Brands fundamental ratios Correlations
Click cells to compare fundamentals
Utz Brands Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Utz Brands fundamental ratios Accounts
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Additional Tools for Utz Stock Analysis
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measure Utz Brands' 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 Utz Brands is operating at the current time. Most of Utz Brands' value examination focuses on studying past and present price action to
predict the probability of Utz Brands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Utz Brands' price. Additionally, you may evaluate how the addition of Utz Brands to your portfolios can decrease your overall portfolio volatility.