0K4T Stock | | | 80.71 0.61 0.76% |
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 Property Plant And Equipment Net and its Short Term Investments 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.
Property Plant And Equipment Net vs Short Term Investments
Property Plant And Equipment Net vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Nasdaq Inc Property Plant And Equipment Net account and
Short Term Investments. At this time, the significance of the direction appears to have weak relationship.
The correlation between Nasdaq's Property Plant And Equipment Net and Short Term Investments is 0.34. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Short Term Investments 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 Property Plant And Equipment Net and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Nasdaq Inc are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Property Plant And Equipment Net i.e., Nasdaq's Property Plant And Equipment Net and Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.34 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Short Term Investments
Short Term Investments is an item under the current assets section of Nasdaq balance sheet. It contains any investments Nasdaq Inc undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Nasdaq Inc can easily liquidate in the marketplace.
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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Additional Tools for Nasdaq Stock Analysis
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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.