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 Total Liab and its Net Receivables 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.
Total Liab vs Net Receivables
Total Liab vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Telefonica Brasil Total Liab account and
Net Receivables. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Telefonica Brasil's Total Liab and Net Receivables is 0.58. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Net Receivables 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 Total Liab and Net Receivables 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 Liab of Telefonica Brasil SA are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Total Liab i.e., Telefonica Brasil's Total Liab and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.58 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Net Receivables
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.
Telefonica Brasil fundamental ratios Correlations
Click cells to compare fundamentals
Telefonica Brasil Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Telefonica Brasil fundamental ratios Accounts
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Additional Tools for Telefonica Stock Analysis
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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.