| HYUD Stock | | | 56.20 0.20 0.36% |
Hyundai financial indicator trend analysis is much more than just examining Hyundai Motor latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hyundai Motor is a good investment. Please check the relationship between Hyundai Common Stock Shares Outstanding and its Total Assets accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hyundai Motor. 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.
Common Stock Shares Outstanding vs Total Assets
Common Stock Shares Outstanding vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Hyundai Motor Common Stock Shares Outstanding account and
Total Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Hyundai's Common Stock Shares Outstanding and Total Assets is -0.67. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Total Assets in the same time period over historical financial statements of Hyundai Motor, assuming nothing else is changed. The correlation between historical values of Hyundai's Common Stock Shares Outstanding 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 Common Stock Shares Outstanding of Hyundai Motor 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 Common Stock Shares Outstanding i.e., Hyundai's Common Stock Shares Outstanding and Total Assets go up and down completely randomly.
Correlation Coefficient | -0.67 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
Total Assets
Total assets refers to the total amount of Hyundai 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 Hyundai Motor 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 Hyundai's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hyundai Motor 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
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hyundai Motor. 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 drop to about 1.6
T in 2024.
Tax Provision is likely to drop to about 2.5
T in 2024
Hyundai fundamental ratios Correlations
Click cells to compare fundamentals
Hyundai Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hyundai fundamental ratios Accounts
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Additional Tools for Hyundai Stock Analysis
When running Hyundai's price analysis, check to
measure Hyundai'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 Hyundai is operating at the current time. Most of Hyundai's value examination focuses on studying past and present price action to
predict the probability of Hyundai's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hyundai's price. Additionally, you may evaluate how the addition of Hyundai to your portfolios can decrease your overall portfolio volatility.