NATCOPHARM | | | 1,415 39.60 2.88% |
Natco Pharma financial indicator trend analysis is infinitely more than just investigating Natco Pharma Limited recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Natco Pharma Limited is a good investment. Please check the relationship between Natco Pharma Selling And Marketing Expenses and its Selling General Administrative accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Natco Pharma 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 persons.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Natco Pharma Limited Selling And Marketing Expenses account and
Selling General Administrative. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Natco Pharma's Selling And Marketing Expenses and Selling General Administrative is 0.5. Overlapping area represents the amount of variation of Selling And Marketing Expenses that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Natco Pharma Limited, assuming nothing else is changed. The correlation between historical values of Natco Pharma's Selling And Marketing Expenses and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling And Marketing Expenses of Natco Pharma Limited are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Selling And Marketing Expenses i.e., Natco Pharma's Selling And Marketing Expenses and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | 0.5 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Most indicators from Natco Pharma's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Natco Pharma 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 Natco Pharma 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 persons.
As of now, Natco Pharma's Selling General Administrative is increasing as compared to previous years. The Natco Pharma's current
Discontinued Operations is estimated to increase to about 34.3
M, while
Tax Provision is projected to decrease to under 1.6
B.
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.
Balance Sheet is a snapshot of the
financial position of Natco Pharma Limited at a specified time, usually calculated after every quarter, six months, or one year. Natco Pharma Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Natco Pharma 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 Natco currently owns. An asset can also be divided into two categories, current and non-current.