NAVINFLUOR | | | 3,558 16.55 0.46% |
Navin Fluorine financial indicator trend analysis is infinitely more than just investigating Navin Fluorine Inter recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Navin Fluorine Inter is a good investment. Please check the relationship between Navin Fluorine Selling General Administrative and its Gross Profit accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Navin Fluorine International. 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 vs Gross Profit
Selling General Administrative vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Navin Fluorine Inter Selling General Administrative account and
Gross Profit. At this time, the significance of the direction appears to have strong relationship.
The correlation between Navin Fluorine's Selling General Administrative and Gross Profit is 0.64. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Navin Fluorine International, assuming nothing else is changed. The correlation between historical values of Navin Fluorine's Selling General Administrative and Gross Profit 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 Navin Fluorine International are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Selling General Administrative i.e., Navin Fluorine's Selling General Administrative and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.64 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Selling General Administrative
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Navin Fluorine International minus its cost of goods sold. It is profit before Navin Fluorine operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most indicators from Navin Fluorine's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Navin Fluorine Inter 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
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Navin Fluorine International. 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.
The value of Selling General Administrative is expected to slide to about 162.1
M. The value of
Tax Provision is estimated to slide to about 577.1
MNavin Fluorine fundamental ratios Correlations
Click cells to compare fundamentals
Navin Fluorine Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Navin Fluorine fundamental ratios Accounts
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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.
Other Information on Investing in Navin Stock
Balance Sheet is a snapshot of the
financial position of Navin Fluorine Inter at a specified time, usually calculated after every quarter, six months, or one year. Navin Fluorine Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Navin Fluorine 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 Navin currently owns. An asset can also be divided into two categories, current and non-current.