VTRS Stock | | | USD 13.25 0.12 0.91% |
Viatris financial indicator trend analysis is much more than just breaking down Viatris prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Viatris is a good investment. Please check the relationship between Viatris 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 Viatris. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
For more information on how to buy Viatris Stock please use our
How to Invest in Viatris guide.
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
Viatris Ebit Per Revenue account and
Total Revenue. At this time, the significance of the direction appears to have pay attention.
The correlation between Viatris' Ebit Per Revenue and Total Revenue is -0.75. 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 Viatris, assuming nothing else is changed. The correlation between historical values of Viatris' 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 Viatris 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., Viatris' Ebit Per Revenue and Total Revenue go up and down completely randomly.
Correlation Coefficient | -0.75 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Ebit Per Revenue
Total Revenue
Total revenue comprises all receipts Viatris 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 Viatris' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Viatris 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 Viatris. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
For more information on how to buy Viatris Stock please use our
How to Invest in Viatris guide.At this time, Viatris'
Selling General Administrative is comparatively stable compared to the past year.
Tax Provision is likely to gain to about 730.1
M in 2024, whereas
Enterprise Value is likely to drop slightly above 7.2
B in 2024.
Viatris fundamental ratios Correlations
Click cells to compare fundamentals
Viatris Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Viatris fundamental ratios Accounts
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Additional Tools for Viatris Stock Analysis
When running Viatris' price analysis, check to
measure Viatris' 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 Viatris is operating at the current time. Most of Viatris' value examination focuses on studying past and present price action to
predict the probability of Viatris' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Viatris' price. Additionally, you may evaluate how the addition of Viatris to your portfolios can decrease your overall portfolio volatility.