| REX Stock | | | USD 46.28 0.62 1.36% |
REX American financial indicator trend analysis is much more than just breaking down REX American Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether REX American Resources is a good investment. Please check the relationship between REX American Cash And Cash Equivalents Changes and its Sale Purchase Of Stock accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in REX American Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
Cash And Cash Equivalents Changes vs Sale Purchase Of Stock
Cash And Cash Equivalents Changes vs Sale Purchase Of Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
REX American Resources Cash And Cash Equivalents Changes account and
Sale Purchase Of Stock. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between REX American's Cash And Cash Equivalents Changes and Sale Purchase Of Stock is 0.46. Overlapping area represents the amount of variation of Cash And Cash Equivalents Changes that can explain the historical movement of Sale Purchase Of Stock in the same time period over historical financial statements of REX American Resources, assuming nothing else is changed. The correlation between historical values of REX American's Cash And Cash Equivalents Changes and Sale Purchase Of Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Cash Equivalents Changes of REX American Resources are associated (or correlated) with its Sale Purchase Of Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Sale Purchase Of Stock has no effect on the direction of Cash And Cash Equivalents Changes i.e., REX American's Cash And Cash Equivalents Changes and Sale Purchase Of Stock go up and down completely randomly.
Correlation Coefficient | 0.46 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Cash And Cash Equivalents Changes
Sale Purchase Of Stock
Most indicators from REX American's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into REX American Resources 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 REX American Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
At this time, REX American's
Selling General Administrative is fairly stable compared to the past year.
Tax Provision is likely to rise to about 23.7
M in 2024, whereas
Discontinued Operations is likely to drop slightly above 2.9
M in 2024.
REX American fundamental ratios Correlations
Click cells to compare fundamentals
REX American Account Relationship Matchups
High Positive Relationship
High Negative Relationship
REX American fundamental ratios Accounts
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measure REX American'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 REX American is operating at the current time. Most of REX American's value examination focuses on studying past and present price action to
predict the probability of REX American's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move REX American's price. Additionally, you may evaluate how the addition of REX American to your portfolios can decrease your overall portfolio volatility.