Grupo Cash And Short Term Investments vs Good Will Analysis

SUPV Stock  USD 10.89  0.19  1.78%   
Grupo Supervielle financial indicator trend analysis is much more than just examining Grupo Supervielle latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Grupo Supervielle is a good investment. Please check the relationship between Grupo Supervielle Cash And Short Term Investments and its Good Will accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Grupo Supervielle SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

Cash And Short Term Investments vs Good Will

Cash And Short Term Investments vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Grupo Supervielle Cash And Short Term Investments account and Good Will. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Grupo Supervielle's Cash And Short Term Investments and Good Will is 0.93. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Good Will in the same time period over historical financial statements of Grupo Supervielle SA, assuming nothing else is changed. The correlation between historical values of Grupo Supervielle's Cash And Short Term Investments 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 Cash And Short Term Investments of Grupo Supervielle SA 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 Cash And Short Term Investments i.e., Grupo Supervielle's Cash And Short Term Investments and Good Will go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Grupo Supervielle balance sheet. This account contains Grupo Supervielle investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Grupo Supervielle SA fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

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 Grupo Supervielle's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Grupo Supervielle 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 Grupo Supervielle SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
At this time, Grupo Supervielle's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to climb to about 6.3 B in 2024, whereas Enterprise Value Multiple is likely to drop (1.83) in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit335.5B342.8B440.6B462.6B
Total Revenue335.5B342.8B440.6B462.6B

Grupo Supervielle fundamental ratios Correlations

-0.60.720.6-0.52-0.590.11-0.52-0.620.59-0.38-0.67-0.51-0.6-0.16-0.230.71-0.52-0.56-0.61-0.780.61-0.60.530.83-0.61
-0.6-0.1-0.650.890.990.140.971.0-0.960.420.960.91.00.240.28-0.30.950.791.00.86-0.871.0-0.82-0.361.0
0.72-0.10.53-0.11-0.10.590.06-0.10.1-0.31-0.19-0.08-0.110.080.010.78-0.04-0.05-0.09-0.240.19-0.10.150.69-0.11
0.6-0.650.53-0.78-0.70.22-0.59-0.630.76-0.84-0.7-0.79-0.680.320.270.42-0.75-0.61-0.61-0.590.64-0.640.80.27-0.64
-0.520.89-0.11-0.780.940.10.890.87-0.970.760.860.990.92-0.24-0.19-0.280.970.750.860.77-0.710.87-0.99-0.310.89
-0.590.99-0.1-0.70.940.130.970.99-0.980.520.960.951.00.120.16-0.30.970.80.980.85-0.850.99-0.88-0.350.99
0.110.140.590.220.10.130.360.16-0.19-0.040.20.150.120.150.120.490.220.560.160.37-0.20.14-0.130.150.12
-0.520.970.06-0.590.890.970.360.97-0.960.450.940.920.970.180.21-0.140.960.870.960.89-0.840.97-0.84-0.280.96
-0.621.0-0.1-0.630.870.990.160.97-0.950.380.970.880.990.280.32-0.320.940.791.00.87-0.881.0-0.8-0.381.0
0.59-0.960.10.76-0.97-0.98-0.19-0.96-0.95-0.65-0.94-0.98-0.970.03-0.010.28-0.99-0.85-0.94-0.860.83-0.950.950.34-0.95
-0.380.42-0.31-0.840.760.52-0.040.450.38-0.650.460.750.48-0.73-0.69-0.230.650.510.370.44-0.330.4-0.83-0.180.42
-0.670.96-0.19-0.70.860.960.20.940.97-0.940.460.880.960.210.26-0.40.930.890.960.88-0.960.96-0.82-0.440.96
-0.510.9-0.08-0.790.990.950.150.920.88-0.980.750.880.93-0.2-0.16-0.230.980.80.870.79-0.750.89-0.98-0.260.9
-0.61.0-0.11-0.680.921.00.120.970.99-0.970.480.960.930.160.21-0.310.960.790.990.85-0.860.99-0.86-0.361.0
-0.160.240.080.32-0.240.120.150.180.280.03-0.730.21-0.20.161.0-0.01-0.030.090.290.22-0.310.260.35-0.10.22
-0.230.280.010.27-0.190.160.120.210.32-0.01-0.690.26-0.160.211.0-0.080.00.120.330.26-0.360.30.3-0.170.27
0.71-0.30.780.42-0.28-0.30.49-0.14-0.320.28-0.23-0.4-0.23-0.31-0.01-0.08-0.2-0.16-0.32-0.320.42-0.310.30.85-0.32
-0.520.95-0.04-0.750.970.970.220.960.94-0.990.650.930.980.96-0.030.0-0.20.840.930.84-0.810.94-0.93-0.250.94
-0.560.79-0.05-0.610.750.80.560.870.79-0.850.510.890.80.790.090.12-0.160.840.780.89-0.860.79-0.77-0.330.77
-0.611.0-0.09-0.610.860.980.160.961.0-0.940.370.960.870.990.290.33-0.320.930.780.86-0.871.0-0.79-0.380.99
-0.780.86-0.24-0.590.770.850.370.890.87-0.860.440.880.790.850.220.26-0.320.840.890.86-0.780.86-0.75-0.550.85
0.61-0.870.190.64-0.71-0.85-0.2-0.84-0.880.83-0.33-0.96-0.75-0.86-0.31-0.360.42-0.81-0.86-0.87-0.78-0.880.680.4-0.86
-0.61.0-0.1-0.640.870.990.140.971.0-0.950.40.960.890.990.260.3-0.310.940.791.00.86-0.88-0.81-0.361.0
0.53-0.820.150.8-0.99-0.88-0.13-0.84-0.80.95-0.83-0.82-0.98-0.860.350.30.3-0.93-0.77-0.79-0.750.68-0.810.34-0.83
0.83-0.360.690.27-0.31-0.350.15-0.28-0.380.34-0.18-0.44-0.26-0.36-0.1-0.170.85-0.25-0.33-0.38-0.550.4-0.360.34-0.39
-0.611.0-0.11-0.640.890.990.120.961.0-0.950.420.960.91.00.220.27-0.320.940.770.990.85-0.861.0-0.83-0.39
Click cells to compare fundamentals

Grupo Supervielle Account Relationship Matchups

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Grupo Stock Analysis

When running Grupo Supervielle's price analysis, check to measure Grupo Supervielle'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 Grupo Supervielle is operating at the current time. Most of Grupo Supervielle's value examination focuses on studying past and present price action to predict the probability of Grupo Supervielle's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grupo Supervielle's price. Additionally, you may evaluate how the addition of Grupo Supervielle to your portfolios can decrease your overall portfolio volatility.