Wellnex Life financial indicator trend analysis is more than just analyzing Wellnex Life current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wellnex Life is a good investment. Please check the relationship between Wellnex Life Change In Cash and its Dividends Paid accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wellnex Life. 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.
Change In Cash vs Dividends Paid
Change In Cash vs Dividends Paid Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wellnex Life Change In Cash account and Dividends Paid. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Wellnex Life's Change In Cash and Dividends Paid is -0.08. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Dividends Paid in the same time period over historical financial statements of Wellnex Life, assuming nothing else is changed. The correlation between historical values of Wellnex Life's Change In Cash and Dividends Paid is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Cash of Wellnex Life are associated (or correlated) with its Dividends Paid. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividends Paid has no effect on the direction of Change In Cash i.e., Wellnex Life's Change In Cash and Dividends Paid go up and down completely randomly.
The total amount of dividends that a company has paid out to its shareholders over a specific period.
Most indicators from Wellnex Life's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wellnex Life 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wellnex Life. 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.
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When running Wellnex Life's price analysis, check to measure Wellnex Life'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 Wellnex Life is operating at the current time. Most of Wellnex Life's value examination focuses on studying past and present price action to predict the probability of Wellnex Life's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wellnex Life's price. Additionally, you may evaluate how the addition of Wellnex Life to your portfolios can decrease your overall portfolio volatility.