FDX Stock | | | USD 305.15 5.18 1.73% |
FedEx financial indicator trend analysis is much more than just examining FedEx latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether FedEx is a good investment. Please check the relationship between FedEx Total Liab and its Non Current Liabilities Total accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FedEx. 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 FedEx Stock please use our
How to Invest in FedEx guide.
Total Liab vs Non Current Liabilities Total
Total Liab vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
FedEx Total Liab account and
Non Current Liabilities Total. At this time, the significance of the direction appears to have totally related.
The correlation between FedEx's Total Liab and Non Current Liabilities Total is 1.0. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of FedEx, assuming nothing else is changed. The correlation between historical values of FedEx's Total Liab and Non Current Liabilities Total 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 Liab of FedEx are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Total Liab i.e., FedEx's Total Liab and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | 1.0 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Non Current Liabilities Total
Most indicators from FedEx's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into FedEx 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 FedEx. 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 FedEx Stock please use our
How to Invest in FedEx guide.
Selling General Administrative is likely to rise to about 1.9
B in 2024, whereas
Tax Provision is likely to drop slightly above 964.4
M in 2024.
FedEx fundamental ratios Correlations
Click cells to compare fundamentals
FedEx Account Relationship Matchups
High Positive Relationship
High Negative Relationship
FedEx fundamental ratios Accounts
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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 FedEx Stock Analysis
When running FedEx's price analysis, check to
measure FedEx'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 FedEx is operating at the current time. Most of FedEx's value examination focuses on studying past and present price action to
predict the probability of FedEx's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FedEx's price. Additionally, you may evaluate how the addition of FedEx to your portfolios can decrease your overall portfolio volatility.