LTIM Stock | | | 6,172 12.65 0.21% |
LTIMindtree financial indicator trend analysis is infinitely more than just investigating LTIMindtree Limited recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether LTIMindtree Limited is a good investment. Please check the relationship between LTIMindtree Good Will and its Inventory accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LTIMindtree 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.
Good Will vs Inventory
Good Will vs Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
LTIMindtree Limited Good Will account and
Inventory. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between LTIMindtree's Good Will and Inventory is 0.43. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Inventory in the same time period over historical financial statements of LTIMindtree Limited, assuming nothing else is changed. The correlation between historical values of LTIMindtree's Good Will and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of LTIMindtree Limited are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Good Will i.e., LTIMindtree's Good Will and Inventory go up and down completely randomly.
Correlation Coefficient | 0.43 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Inventory
Most indicators from LTIMindtree's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into LTIMindtree 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
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LTIMindtree 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.
Selling General Administrative is likely to gain to about 7.5
B in 2024
LTIMindtree fundamental ratios Correlations
Click cells to compare fundamentals
LTIMindtree Account Relationship Matchups
High Positive Relationship
High Negative Relationship
LTIMindtree fundamental ratios Accounts
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Additional Tools for LTIMindtree Stock Analysis
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measure LTIMindtree'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 LTIMindtree is operating at the current time. Most of LTIMindtree's value examination focuses on studying past and present price action to
predict the probability of LTIMindtree's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LTIMindtree's price. Additionally, you may evaluate how the addition of LTIMindtree to your portfolios can decrease your overall portfolio volatility.