VIV Stock | | | USD 8.75 0.04 0.46% |
Telefonica Brasil financial indicator trend analysis is much more than just breaking down Telefonica Brasil prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Telefonica Brasil is a good investment. Please check the relationship between Telefonica Brasil Income Tax Expense and its Selling And Marketing Expenses accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Telefonica Brasil SA. 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.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Telefonica Brasil Income Tax Expense account and
Selling And Marketing Expenses. At this time, the significance of the direction appears to have no relationship.
The correlation between Telefonica Brasil's Income Tax Expense and Selling And Marketing Expenses is 0.02. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Selling And Marketing Expenses in the same time period over historical financial statements of Telefonica Brasil SA, assuming nothing else is changed. The correlation between historical values of Telefonica Brasil's Income Tax Expense and Selling And Marketing 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 Tax Expense of Telefonica Brasil SA are associated (or correlated) with its Selling And Marketing Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling And Marketing Expenses has no effect on the direction of Income Tax Expense i.e., Telefonica Brasil's Income Tax Expense and Selling And Marketing Expenses go up and down completely randomly.
Correlation Coefficient | 0.02 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Most indicators from Telefonica Brasil's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Telefonica Brasil 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 Telefonica Brasil SA. 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.
At this time, Telefonica Brasil's
Tax Provision is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to climb to 0.11 in 2024, whereas
Selling General Administrative is likely to drop slightly above 3.6
B in 2024.
When running Telefonica Brasil's price analysis, check to
measure Telefonica Brasil'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 Telefonica Brasil is operating at the current time. Most of Telefonica Brasil's value examination focuses on studying past and present price action to
predict the probability of Telefonica Brasil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Telefonica Brasil's price. Additionally, you may evaluate how the addition of Telefonica Brasil to your portfolios can decrease your overall portfolio volatility.