| TEXINFRA | | | 130.19 4.17 3.31% |
Texmaco Infrastructure financial indicator trend analysis is much more than just breaking down Texmaco Infrastructure prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Texmaco Infrastructure is a good investment. Please check the relationship between Texmaco Infrastructure Ebit and its Net Income From Continuing Ops accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Texmaco Infrastructure Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Ebit vs Net Income From Continuing Ops
Ebit vs Net Income From Continuing Ops Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Texmaco Infrastructure Ebit account and
Net Income From Continuing Ops. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Texmaco Infrastructure's Ebit and Net Income From Continuing Ops is 0.93. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Texmaco Infrastructure Holdings, assuming nothing else is changed. The correlation between historical values of Texmaco Infrastructure's Ebit and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of Texmaco Infrastructure Holdings are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Ebit i.e., Texmaco Infrastructure's Ebit and Net Income From Continuing Ops go up and down completely randomly.
Correlation Coefficient | 0.93 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Ebit
Net Income From Continuing Ops
Most indicators from Texmaco Infrastructure's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Texmaco Infrastructure 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 Texmaco Infrastructure Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
As of 12/01/2024,
Selling General Administrative is likely to drop to about 10.2
M. In addition to that,
Tax Provision is likely to grow to about (12.7
M)
Texmaco Infrastructure fundamental ratios Correlations
Click cells to compare fundamentals
Texmaco Infrastructure Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Texmaco Infrastructure 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 Texmaco Stock Analysis
When running Texmaco Infrastructure's price analysis, check to
measure Texmaco Infrastructure'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 Texmaco Infrastructure is operating at the current time. Most of Texmaco Infrastructure's value examination focuses on studying past and present price action to
predict the probability of Texmaco Infrastructure's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Texmaco Infrastructure's price. Additionally, you may evaluate how the addition of Texmaco Infrastructure to your portfolios can decrease your overall portfolio volatility.