NCC Stock | | | 287.55 12.15 4.05% |
NCC financial indicator trend analysis is infinitely more than just investigating NCC Limited recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NCC Limited is a good investment. Please check the relationship between NCC Change To Operating Activities and its Net Income accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NCC 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 board of governors.
Change To Operating Activities vs Net Income
Change To Operating Activities vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
NCC Limited Change To Operating Activities account and
Net Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between NCC's Change To Operating Activities and Net Income is -0.32. Overlapping area represents the amount of variation of Change To Operating Activities that can explain the historical movement of Net Income in the same time period over historical financial statements of NCC Limited, assuming nothing else is changed. The correlation between historical values of NCC's Change To Operating Activities and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Operating Activities of NCC Limited are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Change To Operating Activities i.e., NCC's Change To Operating Activities and Net Income go up and down completely randomly.
Correlation Coefficient | -0.32 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Change To Operating Activities
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in NCC Limited financial statement analysis. It represents the amount of money remaining after all of NCC Limited operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from NCC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NCC Limited 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 NCC 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 board of governors.
As of December 22, 2024,
Selling General Administrative is expected to decline to about 666.7
M. In addition to that,
Tax Provision is expected to decline to about 1.7
BNCC fundamental ratios Correlations
Click cells to compare fundamentals
NCC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
NCC 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 NCC Stock
Balance Sheet is a snapshot of the
financial position of NCC Limited at a specified time, usually calculated after every quarter, six months, or one year. NCC Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of NCC 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 NCC currently owns. An asset can also be divided into two categories, current and non-current.