IDEA Stock | | | 8.36 0.02 0.24% |
Vodafone Idea financial indicator trend analysis is much more than just breaking down Vodafone Idea Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vodafone Idea Limited is a good investment. Please check the relationship between Vodafone Idea Stock Based Compensation and its Investments accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Vodafone Idea Limited. 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.
Stock Based Compensation vs Investments
Stock Based Compensation vs Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Vodafone Idea Limited Stock Based Compensation account and
Investments. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Vodafone Idea's Stock Based Compensation and Investments is 0.11. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Investments in the same time period over historical financial statements of Vodafone Idea Limited, assuming nothing else is changed. The correlation between historical values of Vodafone Idea's Stock Based Compensation and Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Stock Based Compensation of Vodafone Idea Limited are associated (or correlated) with its Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Investments has no effect on the direction of Stock Based Compensation i.e., Vodafone Idea's Stock Based Compensation and Investments go up and down completely randomly.
Correlation Coefficient | 0.11 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Stock Based Compensation
Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.
Investments
Securities or assets acquired for generating income or appreciating in value, not used in daily operations.
Most indicators from Vodafone Idea's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vodafone Idea Limited 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 Vodafone Idea Limited. 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.
Tax Provision is likely to gain to about 9.9
B in 2024, whereas
Selling General Administrative is likely to drop slightly above 773.3
M in 2024.
Vodafone Idea fundamental ratios Correlations
Click cells to compare fundamentals
Vodafone Idea Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Vodafone Idea fundamental ratios Accounts
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