TV Stock | | | USD 2.07 0.01 0.49% |
Grupo Televisa financial indicator trend analysis is much more than just examining Grupo Televisa SAB latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Grupo Televisa SAB is a good investment. Please check the relationship between Grupo Televisa Total Operating Expenses and its Selling General Administrative accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Grupo Televisa SAB. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in real.
Total Operating Expenses vs Selling General Administrative
Total Operating Expenses vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Grupo Televisa SAB Total Operating Expenses account and
Selling General Administrative. At this time, the significance of the direction appears to have strong relationship.
The correlation between Grupo Televisa's Total Operating Expenses and Selling General Administrative is 0.66. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Grupo Televisa SAB, assuming nothing else is changed. The correlation between historical values of Grupo Televisa's Total Operating Expenses and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Operating Expenses of Grupo Televisa SAB are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Total Operating Expenses i.e., Grupo Televisa's Total Operating Expenses and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | 0.66 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Selling General Administrative
Most indicators from Grupo Televisa's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Grupo Televisa SAB 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 Televisa SAB. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in real.
Discontinued Operations is likely to climb to about 67.5
B in 2024, whereas Selling General Administrative is likely to drop slightly above 7.9
B in 2024.
Grupo Televisa fundamental ratios Correlations
Click cells to compare fundamentals
Grupo Televisa Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Grupo Televisa fundamental ratios Accounts
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.
Additional Tools for Grupo Stock Analysis
When running Grupo Televisa's price analysis, check to
measure Grupo Televisa'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 Televisa is operating at the current time. Most of Grupo Televisa's value examination focuses on studying past and present price action to
predict the probability of Grupo Televisa'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 Televisa's price. Additionally, you may evaluate how the addition of Grupo Televisa to your portfolios can decrease your overall portfolio volatility.