0K4T Stock | | | 80.96 0.25 0.31% |
Nasdaq financial indicator trend analysis is infinitely more than just investigating Nasdaq Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nasdaq Inc is a good investment. Please check the relationship between Nasdaq Common Stock and its Cash accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Nasdaq Inc. 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.
Common Stock vs Cash
Common Stock vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Nasdaq Inc Common Stock account and
Cash. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Nasdaq's Common Stock and Cash is -0.05. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Cash in the same time period over historical financial statements of Nasdaq Inc, assuming nothing else is changed. The correlation between historical values of Nasdaq's Common Stock and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Nasdaq Inc are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Common Stock i.e., Nasdaq's Common Stock and Cash go up and down completely randomly.
Correlation Coefficient | -0.05 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Common Stock
Cash
Cash refers to the most liquid asset of Nasdaq Inc, which is listed under current asset account on Nasdaq Inc balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Nasdaq customers. The amounts must be unrestricted with restricted cash listed in a different Nasdaq account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Nasdaq's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nasdaq Inc 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 Nasdaq Inc. 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 drop to about 405.4
M in 2024.
Tax Provision is likely to drop to about 312.2
M in 2024
Nasdaq fundamental ratios Correlations
Click cells to compare fundamentals
Nasdaq Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Nasdaq fundamental ratios Accounts
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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 Nasdaq Stock Analysis
When running Nasdaq's price analysis, check to
measure Nasdaq'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 Nasdaq is operating at the current time. Most of Nasdaq's value examination focuses on studying past and present price action to
predict the probability of Nasdaq's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nasdaq's price. Additionally, you may evaluate how the addition of Nasdaq to your portfolios can decrease your overall portfolio volatility.