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 Net Receivables and its Retained Earnings 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.
Net Receivables vs Retained Earnings
Net Receivables vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Telecom Italia Net Receivables account and
Retained Earnings. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Telecom Italia's Net Receivables and Retained Earnings is -0.56. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Retained Earnings 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 Net Receivables and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Telecom Italia are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Net Receivables i.e., Telecom Italia's Net Receivables and Retained Earnings go up and down completely randomly.
Correlation Coefficient | -0.56 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Net Receivables
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
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.