| TGS Stock | | | USD 30.12 1.57 5.50% |
Transportadora financial indicator trend analysis is much more than just breaking down Transportadora de Gas prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Transportadora de Gas is a good investment. Please check the relationship between Transportadora Other Stockholder Equity and its Net Receivables accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Transportadora de Gas. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in price.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Transportadora de Gas Other Stockholder Equity account and
Net Receivables. At this time, the significance of the direction appears to have pay attention.
The correlation between Transportadora's Other Stockholder Equity and Net Receivables is -0.96. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Transportadora de Gas, assuming nothing else is changed. The correlation between historical values of Transportadora's Other Stockholder Equity and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Transportadora de Gas are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Other Stockholder Equity i.e., Transportadora's Other Stockholder Equity and Net Receivables go up and down completely randomly.
Correlation Coefficient | -0.96 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Most indicators from Transportadora's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Transportadora de Gas 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 Transportadora de Gas. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in price.
At this time, Transportadora's
Selling General Administrative is comparatively stable compared to the past year.
Tax Provision is likely to gain to about 17
B in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.02 in 2024.
When running Transportadora's price analysis, check to
measure Transportadora'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 Transportadora is operating at the current time. Most of Transportadora's value examination focuses on studying past and present price action to
predict the probability of Transportadora's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Transportadora's price. Additionally, you may evaluate how the addition of Transportadora to your portfolios can decrease your overall portfolio volatility.