| UI Stock | | | CAD 0.02 0.00 0.00% |
Urbanimmersive financial indicator trend analysis is much more than just breaking down Urbanimmersive prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Urbanimmersive is a good investment. Please check the relationship between Urbanimmersive Income Before Tax and its Total Operating Expenses accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Urbanimmersive. 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.
Income Before Tax vs Total Operating Expenses
Income Before Tax vs Total Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Urbanimmersive Income Before Tax account and
Total Operating Expenses. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Urbanimmersive's Income Before Tax and Total Operating Expenses is -0.18. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of Urbanimmersive, assuming nothing else is changed. The correlation between historical values of Urbanimmersive's Income Before Tax and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Urbanimmersive are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Income Before Tax i.e., Urbanimmersive's Income Before Tax and Total Operating Expenses go up and down completely randomly.
Correlation Coefficient | -0.18 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Urbanimmersive income statement and is an important metric when analyzing Urbanimmersive profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
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.
Most indicators from Urbanimmersive's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Urbanimmersive 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 Urbanimmersive. 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, Urbanimmersive's
Selling General Administrative is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to climb to 0.71 in 2024, whereas
Tax Provision is likely to drop (100.8
K) in 2024.
Urbanimmersive fundamental ratios Correlations
Click cells to compare fundamentals
Urbanimmersive Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Urbanimmersive fundamental ratios Accounts
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Additional Tools for Urbanimmersive Stock Analysis
When running Urbanimmersive's price analysis, check to
measure Urbanimmersive'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 Urbanimmersive is operating at the current time. Most of Urbanimmersive's value examination focuses on studying past and present price action to
predict the probability of Urbanimmersive's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Urbanimmersive's price. Additionally, you may evaluate how the addition of Urbanimmersive to your portfolios can decrease your overall portfolio volatility.