SIFY Stock | | | USD 3.35 0.39 13.18% |
Sify Technologies financial indicator trend analysis is much more than just breaking down Sify Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sify Technologies is a good investment. Please check the relationship between Sify Technologies Total Liab and its Good Will accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Sify Technologies Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in census.
Total Liab vs Good Will
Total Liab vs Good Will Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Sify Technologies Total Liab account and
Good Will. At this time, the significance of the direction appears to have pay attention.
The correlation between Sify Technologies' Total Liab and Good Will is -0.88. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Good Will in the same time period over historical financial statements of Sify Technologies Limited, assuming nothing else is changed. The correlation between historical values of Sify Technologies' Total Liab and Good Will 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 Liab of Sify Technologies Limited are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Total Liab i.e., Sify Technologies' Total Liab and Good Will go up and down completely randomly.
Correlation Coefficient | -0.88 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
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.
Most indicators from Sify Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sify Technologies 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 Sify Technologies Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in census.
At this time, Sify Technologies'
Sales General And Administrative To Revenue is fairly stable compared to the past year.
Enterprise Value Over EBITDA is likely to rise to 8.01 in 2024, whereas
Selling General Administrative is likely to drop slightly above 3.3
B in 2024.
Sify Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Sify Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sify Technologies fundamental ratios Accounts
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Additional Tools for Sify Stock Analysis
When running Sify Technologies' price analysis, check to
measure Sify Technologies' 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 Sify Technologies is operating at the current time. Most of Sify Technologies' value examination focuses on studying past and present price action to
predict the probability of Sify Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sify Technologies' price. Additionally, you may evaluate how the addition of Sify Technologies to your portfolios can decrease your overall portfolio volatility.