IRS Stock | | | USD 16.29 0.07 0.43% |
IRSA Inversiones financial indicator trend analysis is infinitely more than just investigating IRSA Inversiones Y recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether IRSA Inversiones Y is a good investment. Please check the relationship between IRSA Inversiones Net Income and its Total Other Income Expense Net accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IRSA Inversiones Y. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
Net Income vs Total Other Income Expense Net
Net Income vs Total Other Income Expense Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
IRSA Inversiones Y Net Income account and
Total Other Income Expense Net. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between IRSA Inversiones' Net Income and Total Other Income Expense Net is -0.47. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Total Other Income Expense Net in the same time period over historical financial statements of IRSA Inversiones Y, assuming nothing else is changed. The correlation between historical values of IRSA Inversiones' Net Income and Total Other Income Expense Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of IRSA Inversiones Y are associated (or correlated) with its Total Other Income Expense Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Other Income Expense Net has no effect on the direction of Net Income i.e., IRSA Inversiones' Net Income and Total Other Income Expense Net go up and down completely randomly.
Correlation Coefficient | -0.47 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in IRSA Inversiones Y financial statement analysis. It represents the amount of money remaining after all of IRSA Inversiones Y operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Total Other Income Expense Net
Most indicators from IRSA Inversiones' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into IRSA Inversiones Y 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 IRSA Inversiones Y. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
At this time, IRSA Inversiones'
Selling General Administrative is comparatively stable compared to the past year.
Sales General And Administrative To Revenue is likely to gain to 0.17 in 2024, despite the fact that
Tax Provision is likely to grow to (44
B).
IRSA Inversiones fundamental ratios Correlations
Click cells to compare fundamentals
IRSA Inversiones Account Relationship Matchups
High Positive Relationship
High Negative Relationship
IRSA Inversiones fundamental ratios Accounts
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Additional Tools for IRSA Stock Analysis
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