| 0O2B Stock | | | 38.05 0.30 0.79% |
Gruppo MutuiOnline financial indicator trend analysis is much more than just examining Gruppo MutuiOnline SpA latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gruppo MutuiOnline SpA is a good investment. Please check the relationship between Gruppo MutuiOnline Other Current Assets and its Total Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Gruppo MutuiOnline SpA. 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.
Other Current Assets vs Total Assets
Other Current Assets vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Gruppo MutuiOnline SpA Other Current Assets account and
Total Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Gruppo MutuiOnline's Other Current Assets and Total Assets is 0.48. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Total Assets in the same time period over historical financial statements of Gruppo MutuiOnline SpA, assuming nothing else is changed. The correlation between historical values of Gruppo MutuiOnline's Other Current Assets and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Gruppo MutuiOnline SpA are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Other Current Assets i.e., Gruppo MutuiOnline's Other Current Assets and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.48 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Total Assets
Total assets refers to the total amount of Gruppo MutuiOnline assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Gruppo MutuiOnline SpA books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Gruppo MutuiOnline's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gruppo MutuiOnline SpA 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 Gruppo MutuiOnline SpA. 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 gain to about 41.7
M in 2024, despite the fact that
Tax Provision is likely to grow to (60.8
M).
Gruppo MutuiOnline fundamental ratios Correlations
Click cells to compare fundamentals
Gruppo MutuiOnline Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Gruppo MutuiOnline 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 Gruppo Stock Analysis
When running Gruppo MutuiOnline's price analysis, check to
measure Gruppo MutuiOnline'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 Gruppo MutuiOnline is operating at the current time. Most of Gruppo MutuiOnline's value examination focuses on studying past and present price action to
predict the probability of Gruppo MutuiOnline's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gruppo MutuiOnline's price. Additionally, you may evaluate how the addition of Gruppo MutuiOnline to your portfolios can decrease your overall portfolio volatility.