UFCS Stock | | | USD 30.02 0.45 1.48% |
United Fire financial indicator trend analysis is much more than just breaking down United Fire Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether United Fire Group is a good investment. Please check the relationship between United Fire Ebit Per Revenue and its Total Revenue accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in United Fire 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 main economic indicators.
Ebit Per Revenue vs Total Revenue
Ebit Per Revenue vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
United Fire Group Ebit Per Revenue account and
Total Revenue. At this time, the significance of the direction appears to have no relationship.
The correlation between United Fire's Ebit Per Revenue and Total Revenue is 0.03. Overlapping area represents the amount of variation of Ebit Per Revenue that can explain the historical movement of Total Revenue in the same time period over historical financial statements of United Fire Group, assuming nothing else is changed. The correlation between historical values of United Fire's Ebit Per Revenue and Total Revenue 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 Per Revenue of United Fire Group are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Ebit Per Revenue i.e., United Fire's Ebit Per Revenue and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.03 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Ebit Per Revenue
Total Revenue
Total revenue comprises all receipts United Fire Group generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from United Fire's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into United Fire 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 United Fire 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 main economic indicators.
Discontinued Operations is likely to gain to about 30.7
M in 2024, despite the fact that
Tax Provision is likely to grow to (11.4
M).
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 1.1B | 980.3M | 1.1B | 634.4M | Total Revenue | 1.1B | 980.3M | 1.1B | 635.1M |
United Fire fundamental ratios Correlations
Click cells to compare fundamentals
United Fire Account Relationship Matchups
High Positive Relationship
High Negative Relationship
United Fire fundamental ratios Accounts
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Additional Tools for United Stock Analysis
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