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 Total Stockholder Equity and its Good Will 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.
Total Stockholder Equity vs Good Will
Total Stockholder Equity vs Good Will Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
UNIQA Insurance Group Total Stockholder Equity account and
Good Will. At this time, the significance of the direction appears to have strong relationship.
The correlation between UNIQA Insurance's Total Stockholder Equity and Good Will is 0.75. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Good Will 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 Total Stockholder Equity and Good Will 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 Stockholder Equity of UNIQA Insurance Group are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Total Stockholder Equity i.e., UNIQA Insurance's Total Stockholder Equity and Good Will go up and down completely randomly.
Correlation Coefficient | 0.75 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
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
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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.