0H6I Stock | | | 0.23 0.01 4.17% |
Telecom Italia financial indicator trend analysis is much more than just breaking down Telecom Italia prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Telecom Italia is a good investment. Please check the relationship between Telecom Italia Intangible Assets and its Good Will accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Telecom Italia. 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.
Intangible Assets vs Good Will
Intangible Assets vs Good Will Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Telecom Italia Intangible Assets account and
Good Will. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Telecom Italia's Intangible Assets and Good Will is -0.32. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Good Will in the same time period over historical financial statements of Telecom Italia, assuming nothing else is changed. The correlation between historical values of Telecom Italia's Intangible Assets 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 Intangible Assets of Telecom Italia 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 Intangible Assets i.e., Telecom Italia's Intangible Assets and Good Will go up and down completely randomly.
Correlation Coefficient | -0.32 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
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 Telecom Italia's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Telecom Italia 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 Telecom Italia. 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 (5.1
B) in 2024.
Selling General Administrative is likely to drop to about 6.2
B in 2024
Telecom Italia fundamental ratios Correlations
Click cells to compare fundamentals
Telecom Italia Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Telecom Italia fundamental ratios Accounts
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Additional Tools for Telecom Stock Analysis
When running Telecom Italia's price analysis, check to
measure Telecom Italia'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 Telecom Italia is operating at the current time. Most of Telecom Italia's value examination focuses on studying past and present price action to
predict the probability of Telecom Italia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Telecom Italia's price. Additionally, you may evaluate how the addition of Telecom Italia to your portfolios can decrease your overall portfolio volatility.