V Stock | | | USD 318.30 2.41 0.76% |
Visa financial indicator trend analysis is much more than just breaking down Visa Class A prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Visa Class A is a good investment. Please check the relationship between Visa Other Assets and its Other Current Liab accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Visa Class A. 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.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Visa Class A Other Assets account and
Other Current Liab. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Visa's Other Assets and Other Current Liab is 0.86. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Visa Class A, assuming nothing else is changed. The correlation between historical values of Visa's Other Assets and Other Current Liab 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 Assets of Visa Class A are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Other Assets i.e., Visa's Other Assets and Other Current Liab go up and down completely randomly.
Correlation Coefficient | 0.86 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Most indicators from Visa's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Visa Class A 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 Visa Class A. 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.
Sales General And Administrative To Revenue is likely to climb to 0.1 in 2024, whereas
Selling General Administrative is likely to drop slightly above 1.2
B in 2024.
When running Visa's price analysis, check to
measure Visa'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 Visa is operating at the current time. Most of Visa's value examination focuses on studying past and present price action to
predict the probability of Visa's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Visa's price. Additionally, you may evaluate how the addition of Visa to your portfolios can decrease your overall portfolio volatility.