UIS Stock | | | USD 8.47 0.26 3.17% |
Unisys financial indicator trend analysis is much more than just breaking down Unisys prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Unisys is a good investment. Please check the relationship between Unisys Cash And Short Term Investments and its Net Receivables accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Unisys. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
For more information on how to buy Unisys Stock please use our
How to Invest in Unisys guide.
Cash And Short Term Investments vs Net Receivables
Cash And Short Term Investments vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Unisys Cash And Short Term Investments account and
Net Receivables. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Unisys' Cash And Short Term Investments and Net Receivables is -0.44. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Unisys, assuming nothing else is changed. The correlation between historical values of Unisys' Cash And Short Term Investments and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Unisys are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Cash And Short Term Investments i.e., Unisys' Cash And Short Term Investments and Net Receivables go up and down completely randomly.
Correlation Coefficient | -0.44 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Unisys balance sheet. This account contains Unisys investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Unisys fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Net Receivables
Most indicators from Unisys' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Unisys 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 Unisys. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
For more information on how to buy Unisys Stock please use our
How to Invest in Unisys guide.
Selling General Administrative is likely to gain to about 701.3
M in 2024, whereas
Tax Provision is likely to drop slightly above 44.3
M in 2024.
Unisys fundamental ratios Correlations
Click cells to compare fundamentals
Unisys Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Unisys fundamental ratios Accounts
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Additional Tools for Unisys Stock Analysis
When running Unisys' price analysis, check to
measure Unisys' 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 Unisys is operating at the current time. Most of Unisys' value examination focuses on studying past and present price action to
predict the probability of Unisys' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Unisys' price. Additionally, you may evaluate how the addition of Unisys to your portfolios can decrease your overall portfolio volatility.