NUKKW Stock | | | 0.01 0.02 67.11% |
Nukkleus financial indicator trend analysis is infinitely more than just investigating Nukkleus recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nukkleus is a good investment. Please check the relationship between Nukkleus Other Assets and its Retained Earnings accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nukkleus. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in industry.
For more information on how to buy Nukkleus Stock please use our
How to Invest in Nukkleus guide.
Other Assets vs Retained Earnings
Other Assets vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Nukkleus Other Assets account and
Retained Earnings. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Nukkleus' Other Assets and Retained Earnings is -0.56. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Nukkleus, assuming nothing else is changed. The correlation between historical values of Nukkleus' Other Assets and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of Nukkleus are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Other Assets i.e., Nukkleus' Other Assets and Retained Earnings go up and down completely randomly.
Correlation Coefficient | -0.56 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Other Assets
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from Nukkleus' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nukkleus 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 Nukkleus. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in industry.
For more information on how to buy Nukkleus Stock please use our
How to Invest in Nukkleus guide.
Selling General Administrative is likely to climb to about 3.4
M in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.19 in 2024.
Nukkleus fundamental ratios Correlations
Click cells to compare fundamentals
Nukkleus Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Nukkleus fundamental ratios Accounts
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Additional Tools for Nukkleus Stock Analysis
When running Nukkleus' price analysis, check to
measure Nukkleus' 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 Nukkleus is operating at the current time. Most of Nukkleus' value examination focuses on studying past and present price action to
predict the probability of Nukkleus' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nukkleus' price. Additionally, you may evaluate how the addition of Nukkleus to your portfolios can decrease your overall portfolio volatility.