0O2B Stock | | | 39.60 1.55 4.07% |
Gruppo MutuiOnline financial indicator trend analysis is much more than just examining Gruppo MutuiOnline SpA latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gruppo MutuiOnline SpA is a good investment. Please check the relationship between Gruppo MutuiOnline Non Current Assets Total and its Selling General Administrative accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Gruppo MutuiOnline SpA. 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.
Non Current Assets Total vs Selling General Administrative
Non Current Assets Total vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Gruppo MutuiOnline SpA Non Current Assets Total account and
Selling General Administrative. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Gruppo MutuiOnline's Non Current Assets Total and Selling General Administrative is 0.97. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Gruppo MutuiOnline SpA, assuming nothing else is changed. The correlation between historical values of Gruppo MutuiOnline's Non Current Assets Total and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Gruppo MutuiOnline SpA are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Non Current Assets Total i.e., Gruppo MutuiOnline's Non Current Assets Total and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | 0.97 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Selling General Administrative
Most indicators from Gruppo MutuiOnline's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gruppo MutuiOnline SpA 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 Gruppo MutuiOnline SpA. 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.
Selling General Administrative is likely to gain to about 41.7
M in 2024, despite the fact that
Tax Provision is likely to grow to (60.8
M).
Gruppo MutuiOnline fundamental ratios Correlations
Click cells to compare fundamentals
Gruppo MutuiOnline Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Gruppo MutuiOnline fundamental ratios Accounts
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measure Gruppo MutuiOnline'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 Gruppo MutuiOnline is operating at the current time. Most of Gruppo MutuiOnline's value examination focuses on studying past and present price action to
predict the probability of Gruppo MutuiOnline's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gruppo MutuiOnline's price. Additionally, you may evaluate how the addition of Gruppo MutuiOnline to your portfolios can decrease your overall portfolio volatility.