| WNX Stock | | | 0.63 0.01 1.61% |
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 Total Other Income Expense Net and its Total Revenue 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.
Total Other Income Expense Net vs Total Revenue
Total Other Income Expense Net vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Wellnex Life Total Other Income Expense Net account and
Total Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Wellnex Life's Total Other Income Expense Net and Total Revenue is -0.13. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Total Revenue 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 Total Other Income Expense Net and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Other Income Expense Net of Wellnex Life are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Total Other Income Expense Net i.e., Wellnex Life's Total Other Income Expense Net and Total Revenue go up and down completely randomly.
Correlation Coefficient | -0.13 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Total Other Income Expense Net
Total Revenue
Total revenue comprises all receipts Wellnex Life generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
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.
Selling General Administrative is likely to gain to about 8.1
M in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 5.3
M in 2024.
Wellnex Life fundamental ratios Correlations
Click cells to compare fundamentals
Wellnex Life Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Wellnex Life fundamental ratios Accounts
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Additional Tools for Wellnex Stock Analysis
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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
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