SUPV Stock | | | USD 8.82 0.03 0.34% |
Grupo Supervielle financial indicator trend analysis is much more than just examining Grupo Supervielle latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Grupo Supervielle is a good investment. Please check the relationship between Grupo Supervielle Short Term Investments and its Good Will accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Grupo Supervielle SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in american community survey.
Short Term Investments vs Good Will
Short Term Investments vs Good Will Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Grupo Supervielle Short Term Investments account and
Good Will. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Grupo Supervielle's Short Term Investments and Good Will is 0.87. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Good Will in the same time period over historical financial statements of Grupo Supervielle SA, assuming nothing else is changed. The correlation between historical values of Grupo Supervielle's Short Term Investments and Good Will 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 Grupo Supervielle SA are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Short Term Investments i.e., Grupo Supervielle's Short Term Investments and Good Will go up and down completely randomly.
Correlation Coefficient | 0.87 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Short Term Investments
Short Term Investments is an item under the current assets section of Grupo Supervielle balance sheet. It contains any investments Grupo Supervielle SA undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Grupo Supervielle can easily liquidate in the marketplace.
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.
Most indicators from Grupo Supervielle's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Grupo Supervielle 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
World Market Map to better understand how to build diversified portfolios, which includes a position in Grupo Supervielle SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in american community survey.
At this time, Grupo Supervielle's
Selling General Administrative is fairly stable compared to the past year.
Tax Provision is likely to climb to about 6.3
B in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.10 in 2024.
Grupo Supervielle fundamental ratios Correlations
Click cells to compare fundamentals
Grupo Supervielle Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Grupo Supervielle fundamental ratios Accounts
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Additional Tools for Grupo Stock Analysis
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measure Grupo Supervielle'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 Grupo Supervielle is operating at the current time. Most of Grupo Supervielle's value examination focuses on studying past and present price action to
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