| NDGL Stock | | | 4,740 245.00 4.91% |
Naga Dhunseri financial indicator trend analysis is infinitely more than just investigating Naga Dhunseri Group recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Naga Dhunseri Group is a good investment. Please check the relationship between Naga Dhunseri Cost Of Revenue and its Net Income accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Naga Dhunseri Group. 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.
Cost Of Revenue vs Net Income
Cost Of Revenue vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Naga Dhunseri Group Cost Of Revenue account and
Net Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Naga Dhunseri's Cost Of Revenue and Net Income is -0.05. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Net Income in the same time period over historical financial statements of Naga Dhunseri Group, assuming nothing else is changed. The correlation between historical values of Naga Dhunseri's Cost Of Revenue and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Naga Dhunseri Group are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Cost Of Revenue i.e., Naga Dhunseri's Cost Of Revenue and Net Income go up and down completely randomly.
Correlation Coefficient | -0.05 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Cost Of Revenue
Cost of Revenue is found on Naga Dhunseri Group income statement and represents the costs associated with goods and services Naga Dhunseri provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Naga Dhunseri Group financial statement analysis. It represents the amount of money remaining after all of Naga Dhunseri Group operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Naga Dhunseri's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Naga Dhunseri Group 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
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Naga Dhunseri Group. 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.
Selling General Administrative is likely to gain to about 997
K in 2024.
Tax Provision is likely to gain to about 30.5
M in 2024
Naga Dhunseri fundamental ratios Correlations
Click cells to compare fundamentals
Naga Dhunseri Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Naga Dhunseri fundamental ratios Accounts
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Additional Tools for Naga Stock Analysis
When running Naga Dhunseri's price analysis, check to
measure Naga Dhunseri'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 Naga Dhunseri is operating at the current time. Most of Naga Dhunseri's value examination focuses on studying past and present price action to
predict the probability of Naga Dhunseri's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Naga Dhunseri's price. Additionally, you may evaluate how the addition of Naga Dhunseri to your portfolios can decrease your overall portfolio volatility.