| WELINV Stock | | | 742.65 14.65 2.01% |
Welspun Investments financial indicator trend analysis is more than just analyzing Welspun Investments and current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Welspun Investments and is a good investment. Please check the relationship between Welspun Investments Total Revenue and its Total Other Income Expense Net accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Welspun Investments and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Total Revenue vs Total Other Income Expense Net
Total Revenue vs Total Other Income Expense Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Welspun Investments and Total Revenue account and
Total Other Income Expense Net. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Welspun Investments' Total Revenue and Total Other Income Expense Net is -0.37. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Total Other Income Expense Net in the same time period over historical financial statements of Welspun Investments and, assuming nothing else is changed. The correlation between historical values of Welspun Investments' Total Revenue and Total Other Income Expense Net 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 Revenue of Welspun Investments and are associated (or correlated) with its Total Other Income Expense Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Other Income Expense Net has no effect on the direction of Total Revenue i.e., Welspun Investments' Total Revenue and Total Other Income Expense Net go up and down completely randomly.
Correlation Coefficient | -0.37 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Total Revenue
Total revenue comprises all receipts Welspun Investments and 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.
Total Other Income Expense Net
Most indicators from Welspun Investments' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Welspun Investments and 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
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Welspun Investments and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
The current year's
Selling General Administrative is expected to grow to about 659.5
K, whereas
Tax Provision is forecasted to decline to about 6
M.
Welspun Investments fundamental ratios Correlations
Click cells to compare fundamentals
Welspun Investments Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Welspun Investments fundamental ratios Accounts
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Other Information on Investing in Welspun Stock
Balance Sheet is a snapshot of the
financial position of Welspun Investments and at a specified time, usually calculated after every quarter, six months, or one year. Welspun Investments Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Welspun Investments and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Welspun currently owns. An asset can also be divided into two categories, current and non-current.