XRX Stock | | | USD 9.04 0.29 3.31% |
Xerox Corp financial indicator trend analysis is more than just analyzing Xerox Corp current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xerox Corp is a good investment. Please check the relationship between Xerox Corp Net Income and its Change In Cash accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Xerox Corp. 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 Xerox Stock please use our
How to Invest in Xerox Corp guide.
Net Income vs Change In Cash
Net Income vs Change In Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Xerox Corp Net Income account and
Change In Cash. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Xerox Corp's Net Income and Change In Cash is 0.51. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Change In Cash in the same time period over historical financial statements of Xerox Corp, assuming nothing else is changed. The correlation between historical values of Xerox Corp's Net Income and Change In Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Xerox Corp are associated (or correlated) with its Change In Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Cash has no effect on the direction of Net Income i.e., Xerox Corp's Net Income and Change In Cash go up and down completely randomly.
Correlation Coefficient | 0.51 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Xerox Corp financial statement analysis. It represents the amount of money remaining after all of Xerox Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Change In Cash
Most indicators from Xerox Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xerox Corp 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 Xerox Corp. 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 Xerox Stock please use our
How to Invest in Xerox Corp guide.At this time, Xerox Corp's
Selling General Administrative is fairly stable compared to the past year.
Discontinued Operations is likely to rise to about 851.3
M in 2024, whereas
Tax Provision is likely to drop slightly above 23.8
M in 2024.
Xerox Corp fundamental ratios Correlations
Click cells to compare fundamentals
Xerox Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Xerox Corp fundamental ratios Accounts
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Additional Tools for Xerox Stock Analysis
When running Xerox Corp's price analysis, check to
measure Xerox Corp'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 Xerox Corp is operating at the current time. Most of Xerox Corp's value examination focuses on studying past and present price action to
predict the probability of Xerox Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Xerox Corp's price. Additionally, you may evaluate how the addition of Xerox Corp to your portfolios can decrease your overall portfolio volatility.