0LCX Stock | | | 184.00 2.08 1.14% |
Take Two financial indicator trend analysis is much more than just breaking down Take Two Interactive prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Take Two Interactive is a good investment. Please check the relationship between Take Two Change To Inventory and its Other Non Cash Items accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Take Two Interactive Software. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Change To Inventory vs Other Non Cash Items
Change To Inventory vs Other Non Cash Items Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Take Two Interactive Change To Inventory account and
Other Non Cash Items. At this time, the significance of the direction appears to have weak relationship.
The correlation between Take Two's Change To Inventory and Other Non Cash Items is 0.35. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of Take Two Interactive Software, assuming nothing else is changed. The correlation between historical values of Take Two's Change To Inventory and Other Non Cash 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 Change To Inventory of Take Two Interactive Software are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Change To Inventory i.e., Take Two's Change To Inventory and Other Non Cash Items go up and down completely randomly.
Correlation Coefficient | 0.35 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Change To Inventory
The increase or decrease in the amount of inventory a company has over a certain period.
Other Non Cash Items
Most indicators from Take Two's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Take Two Interactive 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in Take Two Interactive Software. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Tax Provision is likely to gain to about 107.4
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 135.1
M in 2024.
Take Two fundamental ratios Correlations
Click cells to compare fundamentals
Take Two Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Take Two fundamental ratios Accounts
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measure Take Two'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 Take Two is operating at the current time. Most of Take Two's value examination focuses on studying past and present price action to
predict the probability of Take Two's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Take Two's price. Additionally, you may evaluate how the addition of Take Two to your portfolios can decrease your overall portfolio volatility.