NRDS Stock | | | USD 9.08 0.05 0.55% |
Nerdwallet financial indicator trend analysis is infinitely more than just investigating Nerdwallet recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nerdwallet is a good investment. Please check the relationship between Nerdwallet Good Will and its Net Tangible Assets accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nerdwallet. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in unemployment.
For more information on how to buy Nerdwallet Stock please use our
How to Invest in Nerdwallet guide.
Good Will vs Net Tangible Assets
Good Will vs Net Tangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Nerdwallet Good Will account and
Net Tangible Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Nerdwallet's Good Will and Net Tangible Assets is 0.93. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Nerdwallet, assuming nothing else is changed. The correlation between historical values of Nerdwallet's Good Will and Net Tangible Assets 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 Nerdwallet are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Good Will i.e., Nerdwallet's Good Will and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | 0.93 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
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.
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most indicators from Nerdwallet's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nerdwallet 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 Nerdwallet. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in unemployment.
For more information on how to buy Nerdwallet Stock please use our
How to Invest in Nerdwallet guide.At this time, Nerdwallet's
Sales General And Administrative To Revenue is comparatively stable compared to the past year.
Enterprise Value Over EBITDA is likely to gain to 22.94 in 2025, despite the fact that
Tax Provision is likely to grow to (24.1
M).
Nerdwallet fundamental ratios Correlations
Click cells to compare fundamentals
Nerdwallet Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Nerdwallet fundamental ratios Accounts
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for Nerdwallet Stock Analysis
When running Nerdwallet's price analysis, check to
measure Nerdwallet'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 Nerdwallet is operating at the current time. Most of Nerdwallet's value examination focuses on studying past and present price action to
predict the probability of Nerdwallet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nerdwallet's price. Additionally, you may evaluate how the addition of Nerdwallet to your portfolios can decrease your overall portfolio volatility.