0QYD Stock | | | 139.18 0.09 0.06% |
Yum Brands financial indicator trend analysis is more than just analyzing Yum Brands current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Yum Brands is a good investment. Please check the relationship between Yum Brands Cash and its Non Currrent Assets Other accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Yum Brands. 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.
For more information on how to buy Yum Stock please use our
How to Invest in Yum Brands guide.
Cash vs Non Currrent Assets Other
Cash vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Yum Brands Cash account and
Non Currrent Assets Other. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Yum Brands' Cash and Non Currrent Assets Other is -0.6. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Yum Brands, assuming nothing else is changed. The correlation between historical values of Yum Brands' Cash and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Yum Brands are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Cash i.e., Yum Brands' Cash and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | -0.6 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Cash
Cash refers to the most liquid asset of Yum Brands, which is listed under current asset account on Yum Brands balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Yum Brands customers. The amounts must be unrestricted with restricted cash listed in a different Yum Brands 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.
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Yum Brands' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Yum Brands 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 Yum Brands. 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.
For more information on how to buy Yum Stock please use our
How to Invest in Yum Brands guide.
Selling General Administrative is likely to drop to about 872
M in 2024.
Tax Provision is likely to drop to about 99.2
M in 2024
Yum Brands fundamental ratios Correlations
Click cells to compare fundamentals
Yum Brands Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Yum Brands 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 Yum Stock Analysis
When running Yum Brands' price analysis, check to
measure Yum Brands' 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 Yum Brands is operating at the current time. Most of Yum Brands' value examination focuses on studying past and present price action to
predict the probability of Yum Brands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Yum Brands' price. Additionally, you may evaluate how the addition of Yum Brands to your portfolios can decrease your overall portfolio volatility.