NU Stock | | | USD 12.53 1.00 7.39% |
Nu Holdings financial indicator trend analysis is infinitely more than just investigating Nu Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nu Holdings is a good investment. Please check the relationship between Nu Holdings Income Tax Expense and its Total Other Income Expense Net accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nu Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in employment.
For more information on how to buy Nu Holdings Stock please use our
How to Invest in Nu Holdings guide.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Nu Holdings Income Tax Expense account and
Total Other Income Expense Net. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Nu Holdings' Income Tax Expense and Total Other Income Expense Net is -0.33. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Total Other Income Expense Net in the same time period over historical financial statements of Nu Holdings, assuming nothing else is changed. The correlation between historical values of Nu Holdings' Income Tax Expense 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 Income Tax Expense of Nu Holdings 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 Income Tax Expense i.e., Nu Holdings' Income Tax Expense and Total Other Income Expense Net go up and down completely randomly.
Correlation Coefficient | -0.33 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Most indicators from Nu Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nu Holdings 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 Nu Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in employment.
For more information on how to buy Nu Holdings Stock please use our
How to Invest in Nu Holdings guide.At this time, Nu Holdings'
Tax Provision is comparatively stable compared to the past year.
Enterprise Value Over EBITDA is likely to gain to 22.76 in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.13 in 2024.
When running Nu Holdings' price analysis, check to
measure Nu Holdings' 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 Nu Holdings is operating at the current time. Most of Nu Holdings' value examination focuses on studying past and present price action to
predict the probability of Nu Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nu Holdings' price. Additionally, you may evaluate how the addition of Nu Holdings to your portfolios can decrease your overall portfolio volatility.