NWS Stock | | | USD 31.72 0.29 0.91% |
News Corp financial indicator trend analysis is infinitely more than just investigating News Corp B recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether News Corp B is a good investment. Please check the relationship between News Corp Property Plant And Equipment Gross and its Net Debt accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in News Corp B. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in housing.
Property Plant And Equipment Gross vs Net Debt
Property Plant And Equipment Gross vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
News Corp B Property Plant And Equipment Gross account and
Net Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between News Corp's Property Plant And Equipment Gross and Net Debt is 0.67. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Net Debt in the same time period over historical financial statements of News Corp B, assuming nothing else is changed. The correlation between historical values of News Corp's Property Plant And Equipment Gross and Net Debt 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 And Equipment Gross of News Corp B are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Property Plant And Equipment Gross i.e., News Corp's Property Plant And Equipment Gross and Net Debt go up and down completely randomly.
Correlation Coefficient | 0.67 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Property Plant And Equipment Gross
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Most indicators from News Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into News Corp B 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 News Corp B. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in housing.
Sales General And Administrative To Revenue is likely to gain to 0.25 in 2024, whereas
Selling General Administrative is likely to drop slightly above 1.6
B in 2024.
News Corp fundamental ratios Correlations
Click cells to compare fundamentals
News Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
News Corp fundamental ratios Accounts
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for News Stock Analysis
When running News Corp's price analysis, check to
measure News Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy News Corp is operating at the current time. Most of News Corp's value examination focuses on studying past and present price action to
predict the probability of News Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move News Corp's price. Additionally, you may evaluate how the addition of News Corp to your portfolios can decrease your overall portfolio volatility.