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 Total Revenue and its Net Receivables 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.
Total Revenue vs Net Receivables
Total Revenue vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Nasdaq Inc Total Revenue account and
Net Receivables. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Nasdaq's Total Revenue and Net Receivables is 0.88. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Net Receivables 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 Total Revenue and Net Receivables 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 Revenue of Nasdaq Inc are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Total Revenue i.e., Nasdaq's Total Revenue and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.88 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Revenue
Total revenue comprises all receipts Nasdaq Inc generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Net Receivables
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
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 3.1B | 3.3B | 3.9B | 2.7B | Total Revenue | 5.9B | 6.2B | 6.1B | 4.9B |
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
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.