NETWORK18 | | | 78.84 0.36 0.45% |
Network18 Media financial indicator trend analysis is infinitely more than just investigating Network18 Media Inve recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Network18 Media Inve is a good investment. Please check the relationship between Network18 Media Good Will and its Cash accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Network18 Media Investments. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
Good Will vs Cash
Good Will vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Network18 Media Inve Good Will account and
Cash. At this time, the significance of the direction appears to have very week relationship.
The correlation between Network18 Media's Good Will and Cash is 0.22. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Cash in the same time period over historical financial statements of Network18 Media Investments, assuming nothing else is changed. The correlation between historical values of Network18 Media's Good Will and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Network18 Media Investments are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Good Will i.e., Network18 Media's Good Will and Cash go up and down completely randomly.
Correlation Coefficient | 0.22 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Cash
Cash refers to the most liquid asset of Network18 Media Inve, which is listed under current asset account on Network18 Media Investments balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Network18 Media customers. The amounts must be unrestricted with restricted cash listed in a different Network18 Media account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Network18 Media's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Network18 Media Inve 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 Network18 Media Investments. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
The value of
Selling General Administrative is expected to slide to about 380
K. The value of
Discontinued Operations is estimated to slide to about (5.2
M)
Network18 Media fundamental ratios Correlations
Click cells to compare fundamentals
Network18 Media Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Network18 Media fundamental ratios Accounts
Also Currently Popular
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 Network18 Stock
Balance Sheet is a snapshot of the
financial position of Network18 Media Inve at a specified time, usually calculated after every quarter, six months, or one year. Network18 Media Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Network18 Media 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 Network18 currently owns. An asset can also be divided into two categories, current and non-current.