| 0GDR Stock | | | 7.19 0.03 0.42% |
UNIQA Insurance financial indicator trend analysis is much more than just breaking down UNIQA Insurance Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether UNIQA Insurance Group is a good investment. Please check the relationship between UNIQA Insurance Other Current Assets and its Other Liab accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in UNIQA Insurance Group. 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.
Other Current Assets vs Other Liab
Other Current Assets vs Other Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
UNIQA Insurance Group Other Current Assets account and
Other Liab. At this time, the significance of the direction appears to have weak relationship.
The correlation between UNIQA Insurance's Other Current Assets and Other Liab is 0.32. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Other Liab in the same time period over historical financial statements of UNIQA Insurance Group, assuming nothing else is changed. The correlation between historical values of UNIQA Insurance's Other Current Assets and Other Liab 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 Current Assets of UNIQA Insurance Group are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Other Current Assets i.e., UNIQA Insurance's Other Current Assets and Other Liab go up and down completely randomly.
Correlation Coefficient | 0.32 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Other Liab
Most indicators from UNIQA Insurance's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into UNIQA Insurance Group 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in UNIQA Insurance Group. 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.
Tax Provision is likely to gain to about 48.2
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 114
M in 2024.
UNIQA Insurance fundamental ratios Correlations
Click cells to compare fundamentals
UNIQA Insurance Account Relationship Matchups
High Positive Relationship
High Negative Relationship
UNIQA Insurance fundamental ratios Accounts
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Additional Tools for UNIQA Stock Analysis
When running UNIQA Insurance's price analysis, check to
measure UNIQA Insurance'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 UNIQA Insurance is operating at the current time. Most of UNIQA Insurance's value examination focuses on studying past and present price action to
predict the probability of UNIQA Insurance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move UNIQA Insurance's price. Additionally, you may evaluate how the addition of UNIQA Insurance to your portfolios can decrease your overall portfolio volatility.