PCTTW Stock | | | USD 4.99 0.01 0.20% |
PureCycle Technologies financial indicator trend analysis is much more than just breaking down PureCycle Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PureCycle Technologies is a good investment. Please check the relationship between PureCycle Technologies Property Plant And Equipment Net and its Retained Earnings accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in PureCycle Technologies. 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 PureCycle Stock please use our
How to Invest in PureCycle Technologies guide.
Property Plant And Equipment Net vs Retained Earnings
Property Plant And Equipment Net vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
PureCycle Technologies Property Plant And Equipment Net account and
Retained Earnings. At this time, the significance of the direction appears to have pay attention.
The correlation between PureCycle Technologies' Property Plant And Equipment Net and Retained Earnings is -0.99. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of PureCycle Technologies, assuming nothing else is changed. The correlation between historical values of PureCycle Technologies' Property Plant And Equipment Net and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of PureCycle Technologies are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Property Plant And Equipment Net i.e., PureCycle Technologies' Property Plant And Equipment Net and Retained Earnings go up and down completely randomly.
Correlation Coefficient | -0.99 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from PureCycle Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PureCycle Technologies 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 PureCycle Technologies. 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 PureCycle Stock please use our
How to Invest in PureCycle Technologies guide.
Tax Provision is likely to climb to about 682.5
K in 2024, whereas
Selling General Administrative is likely to drop slightly above 46.3
M in 2024.
PureCycle Technologies fundamental ratios Correlations
Click cells to compare fundamentals
PureCycle Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
PureCycle Technologies fundamental ratios Accounts
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Additional Tools for PureCycle Stock Analysis
When running PureCycle Technologies' price analysis, check to
measure PureCycle Technologies' 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 PureCycle Technologies is operating at the current time. Most of PureCycle Technologies' value examination focuses on studying past and present price action to
predict the probability of PureCycle Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PureCycle Technologies' price. Additionally, you may evaluate how the addition of PureCycle Technologies to your portfolios can decrease your overall portfolio volatility.