WMT Stock | | | USD 91.88 0.57 0.62% |
Walmart financial indicator trend analysis is more than just analyzing Walmart current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Walmart is a good investment. Please check the relationship between Walmart Total Revenue and its Discontinued Operations accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Walmart. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
For more information on how to buy Walmart Stock please use our
How to Invest in Walmart guide.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Walmart Total Revenue account and
Discontinued Operations. At this time, the significance of the direction appears to have strong relationship.
The correlation between Walmart's Total Revenue and Discontinued Operations is 0.69. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Discontinued Operations in the same time period over historical financial statements of Walmart, assuming nothing else is changed. The correlation between historical values of Walmart's Total Revenue and Discontinued Operations 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 Walmart are associated (or correlated) with its Discontinued Operations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Discontinued Operations has no effect on the direction of Total Revenue i.e., Walmart's Total Revenue and Discontinued Operations go up and down completely randomly.
Correlation Coefficient | 0.69 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total revenue comprises all receipts Walmart 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 Walmart's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Walmart 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 Walmart. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
For more information on how to buy Walmart Stock please use our
How to Invest in Walmart guide.At this time, Walmart's
Enterprise Value Over EBITDA is comparatively stable compared to the past year.
Enterprise Value Multiple is likely to gain to 13.88 in 2024, whereas
Tax Provision is likely to drop slightly above 4.4
B in 2024.
When running Walmart's price analysis, check to
measure Walmart'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 Walmart is operating at the current time. Most of Walmart's value examination focuses on studying past and present price action to
predict the probability of Walmart's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Walmart's price. Additionally, you may evaluate how the addition of Walmart to your portfolios can decrease your overall portfolio volatility.