CNDT Stock | | | USD 3.83 0.02 0.52% |
Conduent financial indicator trend analysis is way more than just evaluating Conduent prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Conduent is a good investment. Please check the relationship between Conduent Total Revenue and its Research Development accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Conduent. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in unemployment.
For more information on how to buy Conduent Stock please use our
How to Invest in Conduent guide.
Total Revenue vs Research Development
Total Revenue vs Research Development Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Conduent Total Revenue account and
Research Development. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Conduent's Total Revenue and Research Development is 0.92. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Research Development in the same time period over historical financial statements of Conduent, assuming nothing else is changed. The correlation between historical values of Conduent's Total Revenue and Research Development 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 Conduent are associated (or correlated) with its Research Development. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Research Development has no effect on the direction of Total Revenue i.e., Conduent's Total Revenue and Research Development go up and down completely randomly.
Correlation Coefficient | 0.92 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Revenue
Total revenue comprises all receipts Conduent 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.
Research Development
Most indicators from Conduent's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Conduent 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 Conduent. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in unemployment.
For more information on how to buy Conduent Stock please use our
How to Invest in Conduent guide.At this time, Conduent's
Selling General Administrative is comparatively stable compared to the past year.
Discontinued Operations is likely to gain to about 4.8
M in 2024, whereas
Enterprise Value is likely to drop slightly above 3.7
B in 2024.
Conduent fundamental ratios Correlations
Click cells to compare fundamentals
Conduent Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Conduent fundamental ratios Accounts
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Additional Tools for Conduent Stock Analysis
When running Conduent's price analysis, check to
measure Conduent'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 Conduent is operating at the current time. Most of Conduent's value examination focuses on studying past and present price action to
predict the probability of Conduent's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Conduent's price. Additionally, you may evaluate how the addition of Conduent to your portfolios can decrease your overall portfolio volatility.