| SHANKARA | | | 676.55 11.20 1.68% |
Shankara Building financial indicator trend analysis is much more than just breaking down Shankara Building prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shankara Building is a good investment. Please check the relationship between Shankara Building Net Income and its Begin Period Cash Flow accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Shankara Building Products. 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.
Net Income vs Begin Period Cash Flow
Net Income vs Begin Period Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Shankara Building Net Income account and
Begin Period Cash Flow. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Shankara Building's Net Income and Begin Period Cash Flow is -0.27. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Begin Period Cash Flow in the same time period over historical financial statements of Shankara Building Products, assuming nothing else is changed. The correlation between historical values of Shankara Building's Net Income and Begin Period Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Shankara Building Products are associated (or correlated) with its Begin Period Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Begin Period Cash Flow has no effect on the direction of Net Income i.e., Shankara Building's Net Income and Begin Period Cash Flow go up and down completely randomly.
Correlation Coefficient | -0.27 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Shankara Building financial statement analysis. It represents the amount of money remaining after all of Shankara Building Products operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.
Most indicators from Shankara Building's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shankara Building 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
World Market Map to better understand how to build diversified portfolios, which includes a position in Shankara Building Products. 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.
As of 12/04/2024,
Issuance Of Capital Stock is likely to grow to about 826.9
M, while
Selling General Administrative is likely to drop slightly above 37
M.
Shankara Building fundamental ratios Correlations
Click cells to compare fundamentals
Shankara Building Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Shankara Building fundamental ratios Accounts
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Additional Tools for Shankara Stock Analysis
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measure Shankara Building'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 Shankara Building is operating at the current time. Most of Shankara Building's value examination focuses on studying past and present price action to
predict the probability of Shankara Building's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shankara Building's price. Additionally, you may evaluate how the addition of Shankara Building to your portfolios can decrease your overall portfolio volatility.