0LEE Stock | | | 31.88 0.11 0.35% |
Teradata Corp financial indicator trend analysis is much more than just breaking down Teradata Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Teradata Corp is a good investment. Please check the relationship between Teradata Corp Total Current Assets and its Non Currrent Assets Other accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Teradata Corp. 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.
For more information on how to buy Teradata Stock please use our
How to Invest in Teradata Corp guide.
Total Current Assets vs Non Currrent Assets Other
Total Current Assets vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Teradata Corp Total Current Assets account and
Non Currrent Assets Other. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Teradata Corp's Total Current Assets and Non Currrent Assets Other is -0.33. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Teradata Corp, assuming nothing else is changed. The correlation between historical values of Teradata Corp's Total Current Assets and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Teradata Corp are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Total Current Assets i.e., Teradata Corp's Total Current Assets and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | -0.33 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Teradata Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Teradata Corp 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 Teradata Corp. 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.
For more information on how to buy Teradata Stock please use our
How to Invest in Teradata Corp guide.
Selling General Administrative is likely to drop to about 702.4
M in 2024.
Tax Provision is likely to gain to about (130.8
M) in 2024
Teradata Corp fundamental ratios Correlations
Click cells to compare fundamentals
Teradata Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Teradata Corp fundamental ratios Accounts
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