IRCTC Stock | | | 822.30 43.30 5.56% |
Indian Railway financial indicator trend analysis is infinitely more than just investigating Indian Railway Catering recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Indian Railway Catering is a good investment. Please check the relationship between Indian Railway Change To Account Receivables and its Dividends Paid accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Indian Railway Catering. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
Change To Account Receivables vs Dividends Paid
Change To Account Receivables vs Dividends Paid Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Indian Railway Catering Change To Account Receivables account and
Dividends Paid. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Indian Railway's Change To Account Receivables and Dividends Paid is -0.07. Overlapping area represents the amount of variation of Change To Account Receivables that can explain the historical movement of Dividends Paid in the same time period over historical financial statements of Indian Railway Catering, assuming nothing else is changed. The correlation between historical values of Indian Railway's Change To Account Receivables and Dividends Paid is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Account Receivables of Indian Railway Catering are associated (or correlated) with its Dividends Paid. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividends Paid has no effect on the direction of Change To Account Receivables i.e., Indian Railway's Change To Account Receivables and Dividends Paid go up and down completely randomly.
Correlation Coefficient | -0.07 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Change To Account Receivables
Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.
Most indicators from Indian Railway's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Indian Railway Catering 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 Indian Railway Catering. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
As of the 1st of February 2025,
Selling General Administrative is likely to grow to about 252.3
M, while
Tax Provision is likely to drop about 2.3
B.
Indian Railway fundamental ratios Correlations
Click cells to compare fundamentals
Indian Railway Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Indian Railway 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.
Other Information on Investing in Indian Stock
Balance Sheet is a snapshot of the
financial position of Indian Railway Catering at a specified time, usually calculated after every quarter, six months, or one year. Indian Railway Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Indian Railway and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Indian currently owns. An asset can also be divided into two categories, current and non-current.