FIS Stock | | | USD 85.30 0.25 0.29% |
Fidelity National financial indicator trend analysis is much more than just examining Fidelity National latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fidelity National is a good investment. Please check the relationship between Fidelity National Property Plant Equipment and its Retained Earnings accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidelity National Information. 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.
Property Plant Equipment vs Retained Earnings
Property Plant Equipment vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Fidelity National Property Plant Equipment account and
Retained Earnings. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Fidelity National's Property Plant Equipment and Retained Earnings is -0.29. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Fidelity National Information, assuming nothing else is changed. The correlation between historical values of Fidelity National's Property Plant Equipment and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Fidelity National Information are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Property Plant Equipment i.e., Fidelity National's Property Plant Equipment and Retained Earnings go up and down completely randomly.
Correlation Coefficient | -0.29 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Property Plant Equipment
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from Fidelity National's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fidelity National 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
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidelity National Information. 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.
At this time, Fidelity National's
Selling General Administrative is comparatively stable compared to the past year.
Discontinued Operations is likely to gain to about 1.2
M in 2024, whereas
Tax Provision is likely to drop slightly above 223.3
M in 2024.
Fidelity National fundamental ratios Correlations
Click cells to compare fundamentals
Fidelity National Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Fidelity National fundamental ratios Accounts
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