TNET Stock | | | USD 93.00 0.69 0.75% |
TriNet financial indicator trend analysis is much more than just breaking down TriNet Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TriNet Group is a good investment. Please check the relationship between TriNet Dividend Yield and its Book Value Per Share accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in TriNet 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 income.
Dividend Yield vs Book Value Per Share
Dividend Yield vs Book Value Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
TriNet Group Dividend Yield account and
Book Value Per Share. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between TriNet's Dividend Yield and Book Value Per Share is 0.42. Overlapping area represents the amount of variation of Dividend Yield that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of TriNet Group, assuming nothing else is changed. The correlation between historical values of TriNet's Dividend Yield and Book Value Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividend Yield of TriNet Group are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Dividend Yield i.e., TriNet's Dividend Yield and Book Value Per Share go up and down completely randomly.
Correlation Coefficient | 0.42 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Dividend Yield
Dividend Yield is TriNet Group dividend as a percentage of TriNet stock price. TriNet Group dividend yield is a measure of TriNet stock productivity, which can be interpreted as interest rate earned on an TriNet investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.
Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.
Most indicators from TriNet's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TriNet 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 TriNet 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 income.
At this time, TriNet's
Enterprise Value Over EBITDA is comparatively stable compared to the past year.
Enterprise Value Multiple is likely to gain to 13.63 in 2024, whereas
Selling General Administrative is likely to drop slightly above 127.8
M in 2024.
TriNet fundamental ratios Correlations
Click cells to compare fundamentals
TriNet Account Relationship Matchups
High Positive Relationship
High Negative Relationship
TriNet fundamental ratios Accounts
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Additional Tools for TriNet Stock Analysis
When running TriNet's price analysis, check to
measure TriNet'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 TriNet is operating at the current time. Most of TriNet's value examination focuses on studying past and present price action to
predict the probability of TriNet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TriNet's price. Additionally, you may evaluate how the addition of TriNet to your portfolios can decrease your overall portfolio volatility.