ELSA Stock | | | 13.00 0.00 0.00% |
Electrica financial indicator trend analysis is much more than just examining Electrica SA latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Electrica SA is a good investment. Please check the relationship between Electrica Selling General Administrative and its Total Revenue accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Electrica 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.
Selling General Administrative vs Total Revenue
Selling General Administrative vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Electrica SA Selling General Administrative account and
Total Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Electrica's Selling General Administrative and Total Revenue is -0.23. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Electrica SA, assuming nothing else is changed. The correlation between historical values of Electrica's Selling General Administrative and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Electrica SA are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Selling General Administrative i.e., Electrica's Selling General Administrative and Total Revenue go up and down completely randomly.
Correlation Coefficient | -0.23 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Selling General Administrative
Total Revenue
Total revenue comprises all receipts Electrica SA 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.
Most indicators from Electrica's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Electrica 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
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Electrica 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.
Selling General Administrative is likely to gain to about 15.7
M in 2024.
Tax Provision is likely to gain to about 101.8
M in 2024
Electrica fundamental ratios Correlations
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Electrica Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Electrica fundamental ratios Accounts
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Additional Tools for Electrica Stock Analysis
When running Electrica's price analysis, check to
measure Electrica'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 Electrica is operating at the current time. Most of Electrica's value examination focuses on studying past and present price action to
predict the probability of Electrica's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Electrica's price. Additionally, you may evaluate how the addition of Electrica to your portfolios can decrease your overall portfolio volatility.