TRU Stock | | | USD 101.00 0.27 0.27% |
TransUnion financial indicator trend analysis is much more than just breaking down TransUnion prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TransUnion is a good investment. Please check the relationship between TransUnion Other Assets and its Common Stock Total Equity accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in TransUnion. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
For more information on how to buy TransUnion Stock please use our
How to Invest in TransUnion guide.
Other Assets vs Common Stock Total Equity
Other Assets vs Common Stock Total Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
TransUnion Other Assets account and
Common Stock Total Equity. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between TransUnion's Other Assets and Common Stock Total Equity is 0.53. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of TransUnion, assuming nothing else is changed. The correlation between historical values of TransUnion's Other Assets and Common Stock Total Equity 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 Assets of TransUnion are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Other Assets i.e., TransUnion's Other Assets and Common Stock Total Equity go up and down completely randomly.
Correlation Coefficient | 0.53 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Other Assets
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Most indicators from TransUnion's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TransUnion 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 TransUnion. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
For more information on how to buy TransUnion Stock please use our
How to Invest in TransUnion guide.
Sales General And Administrative To Revenue is likely to gain to 0.32 in 2024, whereas
Selling General Administrative is likely to drop slightly above 754.7
M in 2024.
TransUnion fundamental ratios Correlations
Click cells to compare fundamentals
TransUnion Account Relationship Matchups
High Positive Relationship
High Negative Relationship
TransUnion fundamental ratios Accounts
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Additional Tools for TransUnion Stock Analysis
When running TransUnion's price analysis, check to
measure TransUnion'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 TransUnion is operating at the current time. Most of TransUnion's value examination focuses on studying past and present price action to
predict the probability of TransUnion's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TransUnion's price. Additionally, you may evaluate how the addition of TransUnion to your portfolios can decrease your overall portfolio volatility.