UVV Stock | | | USD 54.91 0.43 0.78% |
Universal financial indicator trend analysis is much more than just breaking down Universal prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Universal is a good investment. Please check the relationship between Universal Total Liab and its Long Term Investments accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Universal. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in real.
For more information on how to buy Universal Stock please use our
How to Invest in Universal guide.
Total Liab vs Long Term Investments
Total Liab vs Long Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Universal Total Liab account and
Long Term Investments. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Universal's Total Liab and Long Term Investments is -0.62. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Universal, assuming nothing else is changed. The correlation between historical values of Universal's Total Liab and Long Term Investments 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 Liab of Universal are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Total Liab i.e., Universal's Total Liab and Long Term Investments go up and down completely randomly.
Correlation Coefficient | -0.62 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Long Term Investments
Long Term Investments is an item on the asset side of Universal balance sheet that represents investments Universal intends to hold for over a year. Universal long term investments may include different instruments such as stocks, bonds, real estate and cash.
Most indicators from Universal's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Universal 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 Universal. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in real.
For more information on how to buy Universal Stock please use our
How to Invest in Universal guide.
Selling General Administrative is likely to drop to about 223.9
M in 2024.
Tax Provision is likely to drop to about 31
M in 2024
Universal fundamental ratios Correlations
Click cells to compare fundamentals
Universal Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Universal fundamental ratios Accounts
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Additional Tools for Universal Stock Analysis
When running Universal's price analysis, check to
measure Universal'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 Universal is operating at the current time. Most of Universal's value examination focuses on studying past and present price action to
predict the probability of Universal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Universal's price. Additionally, you may evaluate how the addition of Universal to your portfolios can decrease your overall portfolio volatility.