PLBY Stock | | | USD 1.57 0.08 4.85% |
Plby financial indicator trend analysis is much more than just breaking down Plby Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Plby Group is a good investment. Please check the relationship between Plby Short Term Investments and its Intangible Assets accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Plby Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of labor statistics.
Short Term Investments vs Intangible Assets
Short Term Investments vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Plby Group Short Term Investments account and
Intangible Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Plby's Short Term Investments and Intangible Assets is 0.89. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Plby Group, assuming nothing else is changed. The correlation between historical values of Plby's Short Term Investments and Intangible Assets 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 Investments of Plby Group are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Short Term Investments i.e., Plby's Short Term Investments and Intangible Assets go up and down completely randomly.
Correlation Coefficient | 0.89 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Short Term Investments
Short Term Investments is an item under the current assets section of Plby balance sheet. It contains any investments Plby Group undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Plby Group can easily liquidate in the marketplace.
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Plby's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Plby Group 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 Plby Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of labor statistics.
At this time, Plby's
Issuance Of Capital Stock is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to rise to 0.91 in 2024, whereas
Selling General Administrative is likely to drop slightly above 63.1
M in 2024.
Plby fundamental ratios Correlations
Click cells to compare fundamentals
Plby Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Plby fundamental ratios Accounts
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Additional Tools for Plby Stock Analysis
When running Plby's price analysis, check to
measure Plby'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 Plby is operating at the current time. Most of Plby's value examination focuses on studying past and present price action to
predict the probability of Plby's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Plby's price. Additionally, you may evaluate how the addition of Plby to your portfolios can decrease your overall portfolio volatility.