REX Stock | | | USD 41.95 1.50 3.45% |
REX American financial indicator trend analysis is much more than just breaking down REX American Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether REX American Resources is a good investment. Please check the relationship between REX American Short Term Debt and its Non Current Assets Total accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in REX American Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
Short Term Debt vs Non Current Assets Total
Short Term Debt vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
REX American Resources Short Term Debt account and
Non Current Assets Total. At this time, the significance of the direction appears to have almost no relationship.
The correlation between REX American's Short Term Debt and Non Current Assets Total is 0.12. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of REX American Resources, assuming nothing else is changed. The correlation between historical values of REX American's Short Term Debt and Non Current Assets 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 Short Term Debt of REX American Resources are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Short Term Debt i.e., REX American's Short Term Debt and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | 0.12 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Short Term Debt
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from REX American's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into REX American Resources 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
Your Equity Center to better understand how to build diversified portfolios, which includes a position in REX American Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
At this time, REX American's
Selling General Administrative is fairly stable compared to the past year.
Tax Provision is likely to rise to about 23.7
M in 2024, whereas
Discontinued Operations is likely to drop slightly above 2.9
M in 2024.
REX American fundamental ratios Correlations
Click cells to compare fundamentals
REX American Account Relationship Matchups
High Positive Relationship
High Negative Relationship
REX American fundamental ratios Accounts
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measure REX American'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 REX American is operating at the current time. Most of REX American's value examination focuses on studying past and present price action to
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