UBS Stock | | | USD 32.28 0.10 0.31% |
UBS Group financial indicator trend analysis is much more than just breaking down UBS Group AG prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether UBS Group AG is a good investment. Please check the relationship between UBS Group Current Deferred Revenue and its Long Term Investments accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in UBS Group AG. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of labor statistics.
Current Deferred Revenue vs Long Term Investments
Current Deferred Revenue vs Long Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
UBS Group AG Current Deferred Revenue account and
Long Term Investments. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between UBS Group's Current Deferred Revenue and Long Term Investments is -0.69. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of UBS Group AG, assuming nothing else is changed. The correlation between historical values of UBS Group's Current Deferred Revenue and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of UBS Group AG are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Current Deferred Revenue i.e., UBS Group's Current Deferred Revenue and Long Term Investments go up and down completely randomly.
Correlation Coefficient | -0.69 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Long Term Investments
Long Term Investments is an item on the asset side of UBS Group balance sheet that represents investments UBS Group AG intends to hold for over a year. UBS Group AG long term investments may include different instruments such as stocks, bonds, real estate and cash.
Most indicators from UBS Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into UBS Group AG 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 UBS Group AG. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of labor statistics.
At this time, UBS Group's
Sales General And Administrative To Revenue is comparatively stable compared to the past year.
Enterprise Value Over EBITDA is likely to gain to 3.70 in 2024, whereas
Tax Provision is likely to drop slightly above 1.3
B in 2024.
UBS Group fundamental ratios Correlations
Click cells to compare fundamentals
UBS Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
UBS Group 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 UBS Stock Analysis
When running UBS Group's price analysis, check to
measure UBS Group'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 UBS Group is operating at the current time. Most of UBS Group's value examination focuses on studying past and present price action to
predict the probability of UBS Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move UBS Group's price. Additionally, you may evaluate how the addition of UBS Group to your portfolios can decrease your overall portfolio volatility.