NETWORK18 | | | 79.20 0.51 0.64% |
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 Other Current Assets and its Inventory 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.
Other Current Assets vs Inventory
Other Current Assets vs Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Network18 Media Inve Other Current Assets account and
Inventory. At this time, the significance of the direction appears to have strong relationship.
The correlation between Network18 Media's Other Current Assets and Inventory is 0.79. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Inventory 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 Other Current Assets and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Network18 Media Investments are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Other Current Assets i.e., Network18 Media's Other Current Assets and Inventory go up and down completely randomly.
Correlation Coefficient | 0.79 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Inventory
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
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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 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.