INFY Stock | | | USD 22.67 0.71 3.23% |
Infosys financial indicator trend analysis is infinitely more than just investigating Infosys Ltd ADR recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Infosys Ltd ADR is a good investment. Please check the relationship between Infosys Non Current Liabilities Total and its Non Currrent Assets Other accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Infosys Ltd ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in census.
Non Current Liabilities Total vs Non Currrent Assets Other
Non Current Liabilities Total vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Infosys Ltd ADR Non Current Liabilities Total account and
Non Currrent Assets Other. At this time, the significance of the direction appears to have strong relationship.
The correlation between Infosys' Non Current Liabilities Total and Non Currrent Assets Other is 0.63. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Infosys Ltd ADR, assuming nothing else is changed. The correlation between historical values of Infosys' Non Current Liabilities Total and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Infosys Ltd ADR are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Non Current Liabilities Total i.e., Infosys' Non Current Liabilities Total and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | 0.63 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Non Current Liabilities Total
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Infosys' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Infosys Ltd ADR 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 Infosys Ltd ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in census.
At this time, Infosys'
Sales General And Administrative To Revenue is fairly stable compared to the past year.
Enterprise Value is likely to rise to about 75.3
B in 2024, whereas
Selling General Administrative is likely to drop slightly above 484.4
M in 2024.
Infosys fundamental ratios Correlations
Click cells to compare fundamentals
Infosys Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Infosys fundamental ratios Accounts
Also Currently Popular
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 Infosys Stock Analysis
When running Infosys' price analysis, check to
measure Infosys' 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 Infosys is operating at the current time. Most of Infosys' value examination focuses on studying past and present price action to
predict the probability of Infosys' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Infosys' price. Additionally, you may evaluate how the addition of Infosys to your portfolios can decrease your overall portfolio volatility.