Companhia Total Operating Expenses vs Net Interest Income Analysis

ELP Stock  USD 7.14  0.14  2.00%   
Companhia Paranaense financial indicator trend analysis is way more than just evaluating Companhia Paranaense prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Companhia Paranaense is a good investment. Please check the relationship between Companhia Paranaense Total Operating Expenses and its Net Interest Income accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Companhia Paranaense de. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Total Operating Expenses vs Net Interest Income

Total Operating Expenses vs Net Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Companhia Paranaense Total Operating Expenses account and Net Interest Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Companhia Paranaense's Total Operating Expenses and Net Interest Income is -0.23. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Net Interest Income in the same time period over historical financial statements of Companhia Paranaense de, assuming nothing else is changed. The correlation between historical values of Companhia Paranaense's Total Operating Expenses and Net Interest Income 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 Operating Expenses of Companhia Paranaense de are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Total Operating Expenses i.e., Companhia Paranaense's Total Operating Expenses and Net Interest Income go up and down completely randomly.

Correlation Coefficient

-0.23
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
Most indicators from Companhia Paranaense's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Companhia Paranaense 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Companhia Paranaense de. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
At this time, Companhia Paranaense's Discontinued Operations is relatively stable compared to the past year. As of 04/27/2024, Issuance Of Capital Stock is likely to grow to about 2.1 B, while Sales General And Administrative To Revenue is likely to drop 0.04.
 2021 2022 2023 2024 (projected)
Gross Profit4.9B5.0B4.6B2.9B
Total Revenue24.0B21.9B21.5B10.9B

Companhia Paranaense fundamental ratios Correlations

0.950.910.960.80.780.860.830.740.891.00.380.880.950.450.990.650.64-0.691.00.970.560.790.940.460.92
0.950.840.920.740.850.960.810.670.820.960.290.80.860.440.950.540.62-0.730.960.880.650.730.860.460.96
0.910.840.930.660.60.70.660.590.890.890.230.850.890.550.890.480.73-0.730.920.930.430.660.90.360.83
0.960.920.930.780.770.850.810.750.820.960.40.80.950.390.920.60.6-0.660.960.930.70.750.90.570.87
0.80.740.660.780.880.710.960.930.60.810.620.610.83-0.110.790.880.24-0.470.80.740.660.970.720.530.69
0.780.850.60.770.880.880.890.820.560.80.530.560.74-0.060.780.680.26-0.540.790.670.780.870.660.590.79
0.860.960.70.850.710.880.80.680.620.890.370.610.770.260.860.520.43-0.690.870.730.760.680.740.50.9
0.830.810.660.810.960.890.80.880.610.840.50.630.810.00.820.840.33-0.560.830.750.710.890.720.420.75
0.740.670.590.750.930.820.680.880.480.740.730.520.84-0.210.720.90.08-0.440.740.690.680.890.610.610.58
0.890.820.890.820.60.560.620.610.480.860.050.980.80.680.870.430.85-0.620.870.950.250.640.880.260.83
1.00.960.890.960.810.80.890.840.740.860.410.840.940.410.990.650.6-0.71.00.940.60.80.940.480.93
0.380.290.230.40.620.530.370.50.730.050.410.050.54-0.530.40.67-0.44-0.120.410.270.570.580.360.690.23
0.880.80.850.80.610.560.610.630.520.980.840.050.80.630.850.50.81-0.590.850.950.240.650.810.220.79
0.950.860.890.950.830.740.770.810.840.80.940.540.80.290.940.710.48-0.60.960.940.590.80.90.580.81
0.450.440.550.39-0.11-0.060.260.0-0.210.680.41-0.530.630.290.44-0.250.88-0.440.430.53-0.17-0.080.51-0.20.48
0.990.950.890.920.790.780.860.820.720.870.990.40.850.940.440.620.6-0.720.990.940.530.780.950.440.93
0.650.540.480.60.880.680.520.840.90.430.650.670.50.71-0.250.620.04-0.390.630.60.490.860.510.350.43
0.640.620.730.60.240.260.430.330.080.850.6-0.440.810.480.880.60.04-0.530.610.720.030.280.65-0.10.64
-0.69-0.73-0.73-0.66-0.47-0.54-0.69-0.56-0.44-0.62-0.7-0.12-0.59-0.6-0.44-0.72-0.39-0.53-0.71-0.64-0.37-0.42-0.65-0.07-0.69
1.00.960.920.960.80.790.870.830.740.871.00.410.850.960.430.990.630.61-0.710.950.590.780.950.490.93
0.970.880.930.930.740.670.730.750.690.950.940.270.950.940.530.940.60.72-0.640.950.430.740.910.40.85
0.560.650.430.70.660.780.760.710.680.250.60.570.240.59-0.170.530.490.03-0.370.590.430.570.480.760.54
0.790.730.660.750.970.870.680.890.890.640.80.580.650.8-0.080.780.860.28-0.420.780.740.570.70.510.69
0.940.860.90.90.720.660.740.720.610.880.940.360.810.90.510.950.510.65-0.650.950.910.480.70.460.87
0.460.460.360.570.530.590.50.420.610.260.480.690.220.58-0.20.440.35-0.1-0.070.490.40.760.510.460.43
0.920.960.830.870.690.790.90.750.580.830.930.230.790.810.480.930.430.64-0.690.930.850.540.690.870.43
Click cells to compare fundamentals

Companhia Paranaense Account Relationship Matchups

Companhia Paranaense fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets38.3B46.8B49.5B49.7B55.8B58.6B
Short Long Term Debt Total11.7B10.1B12.0B12.7B15.2B16.0B
Other Current Liab2.1B4.6B2.3B3.3B4.6B4.8B
Total Current Liabilities5.3B9.7B8.0B7.2B9.3B9.8B
Total Stockholder Equity17.3B20.0B21.8B20.8B23.9B12.6B
Property Plant And Equipment Net10.7B9.6B10.3B10.3B11.1B8.7B
Net Debt8.7B6.9B8.6B10.0B9.6B10.1B
Retained Earnings4.8B6.1B7.8B7.9B9.1B4.8B
Accounts Payable1.8B2.4B2.7B2.2B2.2B1.2B
Cash2.9B3.2B3.5B2.7B5.6B5.9B
Non Current Assets Total30.4B35.4B38.3B40.4B42.1B44.2B
Non Currrent Assets Other9.4B14.4B14.0B14.2B2.3B2.2B
Cash And Short Term Investments3.3B3.4B3.9B2.9B5.6B5.9B
Net Receivables4.2B7.5B7.1B6.2B6.4B6.7B
Liabilities And Stockholders Equity38.3B46.8B49.5B49.7B55.8B58.6B
Non Current Liabilities Total15.4B16.9B19.4B21.4B21.5B22.6B
Inventory130.4M162.8M197.8M194.9M174.7M102.4M
Other Current Assets219.2M287.8M53.8M60.2M1.5B1.6B
Other Stockholder Equity591.9M353.3M426.2M(7.3B)(6.6B)(6.3B)
Total Liab20.7B26.5B27.4B28.6B30.8B32.4B
Total Current Assets7.9B11.4B11.2B9.3B13.7B14.4B
Short Term Debt1.5B2.6B2.8B1.7B2.0B1.2B
Other Liab4.6B5.2B9.4B10.1B11.6B12.2B
Other Assets10.6B15.8B15.4B2.3B2.6B4.1B
Long Term Debt10.2B7.3B9.1B10.8B13.1B13.7B
Intangible Assets6.3B6.9B9.2B10.3B11.2B11.7B
Property Plant Equipment10.7B9.6B10.3B7.1B8.1B5.6B
Current Deferred Revenue28.5M33.7M198.4M597.1M686.7M721.0M
Property Plant And Equipment Gross10.7B9.6B20.1B20.6B21.2B22.2B
Accumulated Other Comprehensive Income1.0B2.7B2.8B9.4B1.9B1.2B
Short Term Investments358.7M174.9M399.9M190.8M4.8M4.5M
Net Tangible Assets10.0B10.9B13.0B12.6B14.5B9.3B
Deferred Long Term Liab1.5B1.2B1.3B383.7M441.3M419.2M
Long Term Investments2.9B3.2B3.8B4.0B4.0B2.8B
Short Long Term Debt1.4B2.6B2.7B1.6B1.9B1.7B
Long Term Debt Total10.2B7.4B9.3B11.0B12.7B8.2B
Capital Lease Obligations96.6M138.4M212.7M273.8M270.4M284.0M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Companhia Paranaense in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Companhia Paranaense's short interest history, or implied volatility extrapolated from Companhia Paranaense options trading.

Pair Trading with Companhia Paranaense

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Companhia Paranaense position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Companhia Paranaense will appreciate offsetting losses from the drop in the long position's value.

Moving together with Companhia Stock

  0.87ELPC Companhia ParanaensePairCorr
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Moving against Companhia Stock

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The ability to find closely correlated positions to Companhia Paranaense could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Companhia Paranaense when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Companhia Paranaense - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Companhia Paranaense de to buy it.
The correlation of Companhia Paranaense is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Companhia Paranaense moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Companhia Paranaense moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Companhia Paranaense can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Companhia Paranaense offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Companhia Paranaense's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Companhia Paranaense De Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Companhia Paranaense De Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Companhia Paranaense de. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

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Is Companhia Paranaense's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Companhia Paranaense. If investors know Companhia will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Companhia Paranaense listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.297
Dividend Share
0.38
Earnings Share
0.58
Revenue Per Share
7.587
Quarterly Revenue Growth
0.058
The market value of Companhia Paranaense is measured differently than its book value, which is the value of Companhia that is recorded on the company's balance sheet. Investors also form their own opinion of Companhia Paranaense's value that differs from its market value or its book value, called intrinsic value, which is Companhia Paranaense's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Companhia Paranaense's market value can be influenced by many factors that don't directly affect Companhia Paranaense's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Companhia Paranaense's value and its price as these two are different measures arrived at by different means. Investors typically determine if Companhia Paranaense is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Companhia Paranaense's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.