VVV Stock | | | USD 39.49 0.92 2.39% |
Valvoline financial indicator trend analysis is much more than just breaking down Valvoline prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Valvoline is a good investment. Please check the relationship between Valvoline Other Liab and its Net Receivables accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Valvoline. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in real.
For more information on how to buy Valvoline Stock please use our
How to Invest in Valvoline guide.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Valvoline Other Liab account and
Net Receivables. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Valvoline's Other Liab and Net Receivables is -0.17. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Valvoline, assuming nothing else is changed. The correlation between historical values of Valvoline's Other 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 Other Liab of Valvoline 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 Other Liab i.e., Valvoline's Other Liab and Net Receivables go up and down completely randomly.
Correlation Coefficient | -0.17 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Most indicators from Valvoline's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Valvoline 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 Valvoline. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in real.
For more information on how to buy Valvoline Stock please use our
How to Invest in Valvoline guide.At this time, Valvoline's
Selling General Administrative is fairly stable compared to the past year.
Discontinued Operations is likely to climb to about 1.5
B in 2024, whereas
Tax Provision is likely to drop slightly above 31.7
M in 2024.
When running Valvoline's price analysis, check to
measure Valvoline'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 Valvoline is operating at the current time. Most of Valvoline's value examination focuses on studying past and present price action to
predict the probability of Valvoline's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Valvoline's price. Additionally, you may evaluate how the addition of Valvoline to your portfolios can decrease your overall portfolio volatility.