CIGNITITEC | | | 1,676 57.25 3.30% |
Cigniti Technologies financial indicator trend analysis is way more than just evaluating Cigniti Technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cigniti Technologies is a good investment. Please check the relationship between Cigniti Technologies Selling General Administrative and its Total Other Income Expense Net accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Cigniti Technologies Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Cigniti Technologies Selling General Administrative account and
Total Other Income Expense Net. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Cigniti Technologies' Selling General Administrative and Total Other Income Expense Net is 0.14. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Total Other Income Expense Net in the same time period over historical financial statements of Cigniti Technologies Limited, assuming nothing else is changed. The correlation between historical values of Cigniti Technologies' Selling General Administrative and Total Other Income Expense Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Cigniti Technologies Limited are associated (or correlated) with its Total Other Income Expense Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Other Income Expense Net has no effect on the direction of Selling General Administrative i.e., Cigniti Technologies' Selling General Administrative and Total Other Income Expense Net go up and down completely randomly.
Correlation Coefficient | 0.14 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Most indicators from Cigniti Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cigniti Technologies 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 Cigniti Technologies Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
The Cigniti Technologies' current
Tax Provision is estimated to increase to about 575.2
M, while Selling General Administrative is projected to decrease to under 332.4
M.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Balance Sheet is a snapshot of the
financial position of Cigniti Technologies at a specified time, usually calculated after every quarter, six months, or one year. Cigniti Technologies Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Cigniti Technologies and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Cigniti currently owns. An asset can also be divided into two categories, current and non-current.