| HVT Stock | | | USD 22.11 0.09 0.41% |
Haverty Furniture financial indicator trend analysis is much more than just examining Haverty Furniture latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Haverty Furniture is a good investment. Please check the relationship between Haverty Furniture Common Stock and its Net Working Capital accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Haverty Furniture Companies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in real.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Haverty Furniture Common Stock account and
Net Working Capital. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Haverty Furniture's Common Stock and Net Working Capital is -0.24. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Haverty Furniture Companies, assuming nothing else is changed. The correlation between historical values of Haverty Furniture's Common Stock and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Haverty Furniture Companies are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Common Stock i.e., Haverty Furniture's Common Stock and Net Working Capital go up and down completely randomly.
Correlation Coefficient | -0.24 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Most indicators from Haverty Furniture's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Haverty Furniture 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
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Haverty Furniture Companies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in real.
At this time, Haverty Furniture's
Sales General And Administrative To Revenue is comparatively stable compared to the past year.
Enterprise Value Over EBITDA is likely to gain to 11.41 in 2024, whereas
Enterprise Value is likely to drop slightly above 400.6
M in 2024.
When running Haverty Furniture's price analysis, check to
measure Haverty Furniture'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 Haverty Furniture is operating at the current time. Most of Haverty Furniture's value examination focuses on studying past and present price action to
predict the probability of Haverty Furniture's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Haverty Furniture's price. Additionally, you may evaluate how the addition of Haverty Furniture to your portfolios can decrease your overall portfolio volatility.