TIG Stock | | | 81.00 2.00 2.53% |
Team Internet financial indicator trend analysis is much more than just breaking down Team Internet Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Team Internet Group is a good investment. Please check the relationship between Team Internet Other Stockholder Equity and its Other Current Assets accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Team Internet Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Other Stockholder Equity vs Other Current Assets
Other Stockholder Equity vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Team Internet Group Other Stockholder Equity account and
Other Current Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Team Internet's Other Stockholder Equity and Other Current Assets is 0.57. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Team Internet Group, assuming nothing else is changed. The correlation between historical values of Team Internet's Other Stockholder Equity and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Team Internet Group are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Other Stockholder Equity i.e., Team Internet's Other Stockholder Equity and Other Current Assets go up and down completely randomly.
Correlation Coefficient | 0.57 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Other Stockholder Equity
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from Team Internet's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Team Internet Group 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 Team Internet Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
The current year's
Selling General Administrative is expected to grow to about 167.2
M, whereas
Tax Provision is forecasted to decline to about 3.9
M.
Team Internet fundamental ratios Correlations
Click cells to compare fundamentals
Team Internet Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Team Internet 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.
Other Information on Investing in Team Stock
Balance Sheet is a snapshot of the
financial position of Team Internet Group at a specified time, usually calculated after every quarter, six months, or one year. Team Internet Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Team Internet and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Team currently owns. An asset can also be divided into two categories, current and non-current.