0R1W Stock | | | 59.60 33.17 35.76% |
Walmart financial indicator trend analysis is more than just analyzing Walmart current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Walmart is a good investment. Please check the relationship between Walmart Net Receivables and its Selling General Administrative accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Walmart. 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 Walmart Stock please use our
How to Invest in Walmart guide.
Net Receivables vs Selling General Administrative
Net Receivables vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Walmart Net Receivables account and
Selling General Administrative. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Walmart's Net Receivables and Selling General Administrative is 0.89. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Walmart, assuming nothing else is changed. The correlation between historical values of Walmart's Net Receivables 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 Net Receivables of Walmart 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 Net Receivables i.e., Walmart's Net Receivables and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | 0.89 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Net Receivables
Selling General Administrative
Most indicators from Walmart's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Walmart 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 Walmart. 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 Walmart Stock please use our
How to Invest in Walmart guide.
Tax Provision is likely to drop to about 5.9
B in 2024. Selling General Administrative is likely to drop to about 118
B in 2024
Walmart fundamental ratios Correlations
Click cells to compare fundamentals
Walmart Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Walmart fundamental ratios Accounts
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Additional Tools for Walmart Stock Analysis
When running Walmart's price analysis, check to
measure Walmart'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 Walmart is operating at the current time. Most of Walmart's value examination focuses on studying past and present price action to
predict the probability of Walmart's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Walmart's price. Additionally, you may evaluate how the addition of Walmart to your portfolios can decrease your overall portfolio volatility.