STKS Stock | | | USD 3.10 0.02 0.65% |
One Group financial indicator trend analysis is much more than just breaking down One Group Hospitality prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether One Group Hospitality is a good investment. Please check the relationship between One Group Total Operating Expenses and its Selling General Administrative accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in One Group Hospitality. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in industry.
Total Operating Expenses vs Selling General Administrative
Total Operating Expenses vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
One Group Hospitality Total Operating Expenses account and
Selling General Administrative. At this time, the significance of the direction appears to have very strong relationship.
The correlation between One Group's Total Operating Expenses and Selling General Administrative is 0.84. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of One Group Hospitality, assuming nothing else is changed. The correlation between historical values of One Group's Total Operating Expenses and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Operating Expenses of One Group Hospitality are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Total Operating Expenses i.e., One Group's Total Operating Expenses and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | 0.84 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Selling General Administrative
Most indicators from One Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into One Group Hospitality 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 One Group Hospitality. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in industry.
At this time, One Group's Selling General Administrative is comparatively stable compared to the past year.
Discontinued Operations is likely to gain to about 479.4
K in 2024, whereas
Tax Provision is likely to drop (77.7
K) in 2024.
One Group fundamental ratios Correlations
Click cells to compare fundamentals
One Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
One Group fundamental ratios Accounts
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