VIV Stock | | | USD 8.93 0.07 0.78% |
Telefonica Brasil financial indicator trend analysis is much more than just breaking down Telefonica Brasil prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Telefonica Brasil is a good investment. Please check the relationship between Telefonica Brasil Common Stock and its Non Currrent Assets Other accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Telefonica Brasil 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 gross domestic product.
Common Stock vs Non Currrent Assets Other
Common Stock vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Telefonica Brasil Common Stock account and
Non Currrent Assets Other. At this time, the significance of the direction appears to have strong relationship.
The correlation between Telefonica Brasil's Common Stock and Non Currrent Assets Other is 0.77. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Telefonica Brasil SA, assuming nothing else is changed. The correlation between historical values of Telefonica Brasil's Common Stock and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Telefonica Brasil SA are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Common Stock i.e., Telefonica Brasil's Common Stock and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | 0.77 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Common Stock
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Telefonica Brasil's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Telefonica Brasil 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 Telefonica Brasil 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 gross domestic product.
At this time, Telefonica Brasil's
Tax Provision is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to climb to 0.08 in 2024, whereas
Enterprise Value Over EBITDA is likely to drop 3.78 in 2024.
Telefonica Brasil fundamental ratios Correlations
Click cells to compare fundamentals
Telefonica Brasil Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Telefonica Brasil fundamental ratios Accounts
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Additional Tools for Telefonica Stock Analysis
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measure Telefonica Brasil'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 Telefonica Brasil is operating at the current time. Most of Telefonica Brasil's value examination focuses on studying past and present price action to
predict the probability of Telefonica Brasil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Telefonica Brasil's price. Additionally, you may evaluate how the addition of Telefonica Brasil to your portfolios can decrease your overall portfolio volatility.