UIS Stock | | | USD 8.19 0.39 5.00% |
Unisys financial indicator trend analysis is much more than just breaking down Unisys prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Unisys is a good investment. Please check the relationship between Unisys Income Before Tax and its Non Operating Income Net Other accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Unisys. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
For more information on how to buy Unisys Stock please use our
How to Invest in Unisys guide.
Income Before Tax vs Non Operating Income Net Other
Income Before Tax vs Non Operating Income Net Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Unisys Income Before Tax account and
Non Operating Income Net Other. At this time, the significance of the direction appears to have strong relationship.
The correlation between Unisys' Income Before Tax and Non Operating Income Net Other is 0.63. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Non Operating Income Net Other in the same time period over historical financial statements of Unisys, assuming nothing else is changed. The correlation between historical values of Unisys' Income Before Tax and Non Operating Income Net Other 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 Unisys are associated (or correlated) with its Non Operating Income Net Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Operating Income Net Other has no effect on the direction of Income Before Tax i.e., Unisys' Income Before Tax and Non Operating Income Net Other go up and down completely randomly.
Correlation Coefficient | 0.63 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Unisys income statement and is an important metric when analyzing Unisys 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.
Non Operating Income Net Other
Most indicators from Unisys' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Unisys 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 Unisys. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
For more information on how to buy Unisys Stock please use our
How to Invest in Unisys guide.
Selling General Administrative is likely to gain to about 701.3
M in 2024, whereas
Tax Provision is likely to drop slightly above 44.3
M in 2024.
Unisys fundamental ratios Correlations
Click cells to compare fundamentals
Unisys Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Unisys fundamental ratios Accounts
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Additional Tools for Unisys Stock Analysis
When running Unisys' price analysis, check to
measure Unisys' 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 Unisys is operating at the current time. Most of Unisys' value examination focuses on studying past and present price action to
predict the probability of Unisys' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Unisys' price. Additionally, you may evaluate how the addition of Unisys to your portfolios can decrease your overall portfolio volatility.