LDOS Stock | | | USD 145.71 0.13 0.09% |
Leidos Holdings financial indicator trend analysis is infinitely more than just investigating Leidos Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Leidos Holdings is a good investment. Please check the relationship between Leidos Holdings Cost Of Revenue and its Extraordinary Items accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Leidos Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
For more information on how to buy Leidos Stock please use our
How to Invest in Leidos Holdings guide.
Cost Of Revenue vs Extraordinary Items
Cost Of Revenue vs Extraordinary Items Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Leidos Holdings Cost Of Revenue account and
Extraordinary Items. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Leidos Holdings' Cost Of Revenue and Extraordinary Items is -0.08. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Extraordinary Items in the same time period over historical financial statements of Leidos Holdings, assuming nothing else is changed. The correlation between historical values of Leidos Holdings' Cost Of Revenue and Extraordinary Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Leidos Holdings are associated (or correlated) with its Extraordinary Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Extraordinary Items has no effect on the direction of Cost Of Revenue i.e., Leidos Holdings' Cost Of Revenue and Extraordinary Items go up and down completely randomly.
Correlation Coefficient | -0.08 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Cost Of Revenue
Cost of Revenue is found on Leidos Holdings income statement and represents the costs associated with goods and services Leidos Holdings provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Extraordinary Items
Most indicators from Leidos Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Leidos Holdings 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
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Leidos Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
For more information on how to buy Leidos Stock please use our
How to Invest in Leidos Holdings guide.
Selling General Administrative is likely to drop to about 645.2
M in 2024.
Discontinued Operations is likely to gain to about (932.7
K) in 2024
Leidos Holdings fundamental ratios Correlations
Click cells to compare fundamentals
Leidos Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Leidos Holdings fundamental ratios Accounts
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Additional Tools for Leidos Stock Analysis
When running Leidos Holdings' price analysis, check to
measure Leidos Holdings' 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 Leidos Holdings is operating at the current time. Most of Leidos Holdings' value examination focuses on studying past and present price action to
predict the probability of Leidos Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Leidos Holdings' price. Additionally, you may evaluate how the addition of Leidos Holdings to your portfolios can decrease your overall portfolio volatility.