Tesco Investments vs Stock Based Compensation Analysis

TSCO Stock   366.40  0.20  0.05%   
Tesco PLC financial indicator trend analysis is much more than just breaking down Tesco PLC prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tesco PLC is a good investment. Please check the relationship between Tesco PLC Investments and its Stock Based Compensation accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tesco PLC. 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.

Investments vs Stock Based Compensation

Investments vs Stock Based Compensation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tesco PLC Investments account and Stock Based Compensation. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Tesco PLC's Investments and Stock Based Compensation is -0.36. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Stock Based Compensation in the same time period over historical financial statements of Tesco PLC, assuming nothing else is changed. The correlation between historical values of Tesco PLC's Investments and Stock Based Compensation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Investments of Tesco PLC are associated (or correlated) with its Stock Based Compensation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Stock Based Compensation has no effect on the direction of Investments i.e., Tesco PLC's Investments and Stock Based Compensation go up and down completely randomly.

Correlation Coefficient

-0.36
Relationship DirectionNegative 
Relationship StrengthInsignificant

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.
Most indicators from Tesco PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tesco PLC 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 Tesco PLC. 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.
At this time, Tesco PLC's Selling General Administrative is comparatively stable compared to the past year. Discontinued Operations is likely to gain to about 283.8 M in 2024, whereas Tax Provision is likely to drop slightly above 300.5 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit4.7B4.7B4.8B3.9B
Total Revenue61.3B65.8B68.2B39.1B

Tesco PLC fundamental ratios Correlations

0.240.560.810.610.280.260.330.160.350.270.21-0.080.110.04-0.53-0.330.6-0.220.080.88-0.38-0.310.40.560.47
0.24-0.34-0.14-0.020.850.99-0.260.65-0.050.82-0.32-0.550.940.950.070.58-0.4-0.210.420.310.5-0.58-0.520.710.48
0.56-0.340.710.55-0.03-0.350.44-0.430.68-0.040.560.12-0.31-0.37-0.75-0.40.740.37-0.030.37-0.270.270.79-0.110.09
0.81-0.140.710.40.07-0.150.2-0.070.33-0.040.490.31-0.13-0.32-0.39-0.540.810.04-0.20.77-0.460.210.630.06-0.06
0.61-0.020.550.40.160.030.89-0.290.380.340.3-0.03-0.08-0.06-0.70.050.64-0.24-0.080.170.0-0.20.620.350.58
0.280.85-0.030.070.160.81-0.010.30.050.920.11-0.320.890.86-0.140.57-0.07-0.10.220.250.6-0.33-0.150.430.33
0.260.99-0.35-0.150.030.81-0.220.64-0.090.79-0.36-0.570.890.920.040.55-0.39-0.210.430.30.49-0.59-0.510.740.52
0.33-0.260.440.20.89-0.01-0.22-0.570.290.210.350.26-0.29-0.24-0.540.110.63-0.39-0.36-0.12-0.03-0.090.710.070.45
0.160.65-0.43-0.07-0.290.30.64-0.570.030.26-0.57-0.580.650.60.280.18-0.55-0.040.60.370.13-0.49-0.760.650.21
0.35-0.050.680.330.380.05-0.090.290.030.160.04-0.20.030.0-0.590.060.250.170.190.22-0.08-0.170.360.270.38
0.270.82-0.04-0.040.340.920.790.210.260.160.1-0.340.830.84-0.20.76-0.06-0.240.190.130.63-0.44-0.10.540.52
0.21-0.320.560.490.30.11-0.360.35-0.570.040.10.52-0.21-0.31-0.2-0.120.670.25-0.260.080.080.60.66-0.49-0.37
-0.08-0.550.120.31-0.03-0.32-0.570.26-0.58-0.2-0.340.52-0.49-0.610.37-0.20.59-0.23-0.73-0.08-0.210.630.58-0.65-0.54
0.110.94-0.31-0.13-0.080.890.89-0.290.650.030.83-0.21-0.490.960.10.65-0.4-0.050.410.180.65-0.41-0.510.550.27
0.040.95-0.37-0.32-0.060.860.92-0.240.60.00.84-0.31-0.610.960.050.7-0.52-0.110.490.080.66-0.55-0.580.590.43
-0.530.07-0.75-0.39-0.7-0.140.04-0.540.28-0.59-0.2-0.20.370.10.050.16-0.44-0.14-0.03-0.240.210.27-0.52-0.3-0.53
-0.330.58-0.4-0.540.050.570.550.110.180.060.76-0.12-0.20.650.70.16-0.38-0.230.07-0.430.78-0.29-0.290.280.31
0.6-0.40.740.810.64-0.07-0.390.63-0.550.25-0.060.670.59-0.4-0.52-0.44-0.38-0.09-0.520.36-0.350.380.94-0.2-0.03
-0.22-0.210.370.04-0.24-0.1-0.21-0.39-0.040.17-0.240.25-0.23-0.05-0.11-0.14-0.23-0.090.46-0.140.250.57-0.02-0.4-0.48
0.080.42-0.03-0.2-0.080.220.43-0.360.60.190.19-0.26-0.730.410.49-0.030.07-0.520.460.150.34-0.25-0.570.40.22
0.880.310.370.770.170.250.3-0.120.370.220.130.08-0.080.180.08-0.24-0.430.36-0.140.15-0.47-0.270.130.490.24
-0.380.5-0.27-0.460.00.60.49-0.030.13-0.080.630.08-0.210.650.660.210.78-0.350.250.34-0.470.11-0.30.0-0.04
-0.31-0.580.270.21-0.2-0.33-0.59-0.09-0.49-0.17-0.440.60.63-0.41-0.550.27-0.290.380.57-0.25-0.270.110.4-0.87-0.82
0.4-0.520.790.630.62-0.15-0.510.71-0.760.36-0.10.660.58-0.51-0.58-0.52-0.290.94-0.02-0.570.13-0.30.4-0.32-0.01
0.560.71-0.110.060.350.430.740.070.650.270.54-0.49-0.650.550.59-0.30.28-0.2-0.40.40.490.0-0.87-0.320.82
0.470.480.09-0.060.580.330.520.450.210.380.52-0.37-0.540.270.43-0.530.31-0.03-0.480.220.24-0.04-0.82-0.010.82
Click cells to compare fundamentals

Tesco PLC Account Relationship Matchups

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 Tesco Stock Analysis

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