0NQM Stock | | | 100.82 0.22 0.22% |
Vinci SA financial indicator trend analysis is much more than just breaking down Vinci SA prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vinci SA is a good investment. Please check the relationship between Vinci SA Capital Surpluse and its Property Plant Equipment accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Vinci SA. 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.
Capital Surpluse vs Property Plant Equipment
Capital Surpluse vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Vinci SA Capital Surpluse account and
Property Plant Equipment. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Vinci SA's Capital Surpluse and Property Plant Equipment is 0.95. Overlapping area represents the amount of variation of Capital Surpluse that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Vinci SA, assuming nothing else is changed. The correlation between historical values of Vinci SA's Capital Surpluse and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Surpluse of Vinci SA are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Capital Surpluse i.e., Vinci SA's Capital Surpluse and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.95 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Capital Surpluse
Property Plant Equipment
Most indicators from Vinci SA's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vinci SA 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 Vinci SA. 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 drop to about 1.5
B in 2024.
Selling General Administrative is likely to drop to about 246.2
M in 2024
Vinci SA fundamental ratios Correlations
Click cells to compare fundamentals
Vinci SA Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Vinci SA fundamental ratios Accounts
Also Currently Popular
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 Vinci Stock Analysis
When running Vinci SA's price analysis, check to
measure Vinci SA'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 Vinci SA is operating at the current time. Most of Vinci SA's value examination focuses on studying past and present price action to
predict the probability of Vinci SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vinci SA's price. Additionally, you may evaluate how the addition of Vinci SA to your portfolios can decrease your overall portfolio volatility.