NUS Stock | | | USD 6.45 0.03 0.46% |
Nu Skin financial indicator trend analysis is infinitely more than just investigating Nu Skin Enterprises recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nu Skin Enterprises is a good investment. Please check the relationship between Nu Skin Short Term Investments and its Current Deferred Revenue accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nu Skin Enterprises. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in employment.
Short Term Investments vs Current Deferred Revenue
Short Term Investments vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Nu Skin Enterprises Short Term Investments account and
Current Deferred Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Nu Skin's Short Term Investments and Current Deferred Revenue is -0.07. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Nu Skin Enterprises, assuming nothing else is changed. The correlation between historical values of Nu Skin's Short Term Investments and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Nu Skin Enterprises are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Short Term Investments i.e., Nu Skin's Short Term Investments and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | -0.07 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Short Term Investments
Short Term Investments is an item under the current assets section of Nu Skin balance sheet. It contains any investments Nu Skin Enterprises undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Nu Skin Enterprises can easily liquidate in the marketplace.
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Most indicators from Nu Skin's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nu Skin Enterprises 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
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nu Skin Enterprises. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in employment.
At this time, Nu Skin's
Selling General Administrative is comparatively stable compared to the past year.
Sales General And Administrative To Revenue is likely to gain to 0.37 in 2024, despite the fact that
Tax Provision is likely to grow to (16.1
M).
Nu Skin fundamental ratios Correlations
Click cells to compare fundamentals
Nu Skin Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Nu Skin fundamental ratios Accounts
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Additional Tools for NUS Stock Analysis
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