YEXT Stock | | | USD 8.33 0.16 1.88% |
Yext financial indicator trend analysis is more than just analyzing Yext Inc current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Yext Inc is a good investment. Please check the relationship between Yext Good Will and its Other Current Liab accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Yext Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in interest.
Good Will vs Other Current Liab
Good Will vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Yext Inc Good Will account and
Other Current Liab. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Yext's Good Will and Other Current Liab is -0.09. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Yext Inc, assuming nothing else is changed. The correlation between historical values of Yext's Good Will and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Yext Inc are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Good Will i.e., Yext's Good Will and Other Current Liab go up and down completely randomly.
Correlation Coefficient | -0.09 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Other Current Liab
Most indicators from Yext's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Yext Inc 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 Yext Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in interest.
At this time, Yext's
Tax Provision is comparatively stable compared to the past year.
Enterprise Value Over EBITDA is likely to gain to 26.81 in 2024, whereas
Selling General Administrative is likely to drop slightly above 59
M in 2024.
Yext fundamental ratios Correlations
Click cells to compare fundamentals
Yext Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Yext fundamental ratios Accounts
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Additional Tools for Yext Stock Analysis
When running Yext's price analysis, check to
measure Yext'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 Yext is operating at the current time. Most of Yext's value examination focuses on studying past and present price action to
predict the probability of Yext's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Yext's price. Additionally, you may evaluate how the addition of Yext to your portfolios can decrease your overall portfolio volatility.