NWS Stock | | | USD 32.12 0.06 0.19% |
News Corp financial indicator trend analysis is infinitely more than just investigating News Corp B recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether News Corp B is a good investment. Please check the relationship between News Corp Total Operating Expenses and its Ebit accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in News Corp B. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in housing.
Total Operating Expenses vs Ebit
Total Operating Expenses vs Ebit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
News Corp B Total Operating Expenses account and
Ebit. At this time, the significance of the direction appears to have no relationship.
The correlation between News Corp's Total Operating Expenses and Ebit is 0.06. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Ebit in the same time period over historical financial statements of News Corp B, assuming nothing else is changed. The correlation between historical values of News Corp's Total Operating Expenses and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Operating Expenses of News Corp B are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Total Operating Expenses i.e., News Corp's Total Operating Expenses and Ebit go up and down completely randomly.
Correlation Coefficient | 0.06 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Ebit
Most indicators from News Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into News Corp B 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 News Corp B. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in housing.
Sales General And Administrative To Revenue is likely to gain to 0.25 in 2024, whereas
Selling General Administrative is likely to drop slightly above 1.6
B in 2024.
News Corp fundamental ratios Correlations
Click cells to compare fundamentals
News Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
News Corp fundamental ratios Accounts
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