SEQ Stock | | | 0.38 0.01 2.70% |
Sequoia Financial financial indicator trend analysis is much more than just breaking down Sequoia Financial prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sequoia Financial is a good investment. Please check the relationship between Sequoia Financial Capital Expenditures and its Net Income accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Sequoia Financial Group. 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.
Capital Expenditures vs Net Income
Capital Expenditures vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Sequoia Financial Capital Expenditures account and
Net Income. At this time, the significance of the direction appears to have very week relationship.
The correlation between Sequoia Financial's Capital Expenditures and Net Income is 0.22. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Net Income in the same time period over historical financial statements of Sequoia Financial Group, assuming nothing else is changed. The correlation between historical values of Sequoia Financial's Capital Expenditures 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 Capital Expenditures of Sequoia Financial Group 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 Capital Expenditures i.e., Sequoia Financial's Capital Expenditures and Net Income go up and down completely randomly.
Correlation Coefficient | 0.22 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Capital Expenditures
Capital Expenditures are funds used by Sequoia Financial to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Sequoia Financial operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Sequoia Financial financial statement analysis. It represents the amount of money remaining after all of Sequoia Financial Group operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Sequoia Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sequoia Financial 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
World Market Map to better understand how to build diversified portfolios, which includes a position in Sequoia Financial Group. 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.
At this time, Sequoia Financial's
Selling General Administrative is comparatively stable compared to the past year.
Discontinued Operations is likely to gain to about 1.3
M in 2024, whereas
Tax Provision is likely to drop slightly above 1.2
M in 2024.
Sequoia Financial fundamental ratios Correlations
Click cells to compare fundamentals
Sequoia Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sequoia Financial fundamental ratios Accounts
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Additional Tools for Sequoia Stock Analysis
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measure Sequoia Financial'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 Sequoia Financial is operating at the current time. Most of Sequoia Financial's value examination focuses on studying past and present price action to
predict the probability of Sequoia Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sequoia Financial's price. Additionally, you may evaluate how the addition of Sequoia Financial to your portfolios can decrease your overall portfolio volatility.