0QGU Stock | | | 11.45 0.90 8.53% |
CNH Industrial financial indicator trend analysis is way more than just evaluating CNH Industrial NV prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CNH Industrial NV is a good investment. Please check the relationship between CNH Industrial Treasury Stock and its Other Current Liab accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in CNH Industrial NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Treasury Stock vs Other Current Liab
Treasury Stock vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
CNH Industrial NV Treasury Stock account and
Other Current Liab. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between CNH Industrial's Treasury Stock and Other Current Liab is -0.22. Overlapping area represents the amount of variation of Treasury Stock that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of CNH Industrial NV, assuming nothing else is changed. The correlation between historical values of CNH Industrial's Treasury Stock 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 Treasury Stock of CNH Industrial NV 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 Treasury Stock i.e., CNH Industrial's Treasury Stock and Other Current Liab go up and down completely randomly.
Correlation Coefficient | -0.22 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Treasury Stock
Other Current Liab
Most indicators from CNH Industrial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CNH Industrial NV 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in CNH Industrial NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Tax Provision is likely to gain to about (47
M) in 2024.
Selling General Administrative is likely to drop to about 1.7
B in 2024
CNH Industrial fundamental ratios Correlations
Click cells to compare fundamentals
CNH Industrial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
CNH Industrial fundamental ratios Accounts
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Additional Tools for CNH Stock Analysis
When running CNH Industrial's price analysis, check to
measure CNH Industrial'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 CNH Industrial is operating at the current time. Most of CNH Industrial's value examination focuses on studying past and present price action to
predict the probability of CNH Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CNH Industrial's price. Additionally, you may evaluate how the addition of CNH Industrial to your portfolios can decrease your overall portfolio volatility.