NETWEB Stock | | | 2,830 88.15 3.21% |
Netweb Technologies financial indicator trend analysis is infinitely more than just investigating Netweb Technologies India recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Netweb Technologies India is a good investment. Please check the relationship between Netweb Technologies Total Other Income Expense Net and its Cost Of Revenue accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Netweb Technologies India. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
Total Other Income Expense Net vs Cost Of Revenue
Total Other Income Expense Net vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Netweb Technologies India Total Other Income Expense Net account and
Cost Of Revenue. At this time, the significance of the direction appears to have pay attention.
The correlation between Netweb Technologies' Total Other Income Expense Net and Cost Of Revenue is -0.97. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Netweb Technologies India, assuming nothing else is changed. The correlation between historical values of Netweb Technologies' Total Other Income Expense Net and Cost Of Revenue 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 Other Income Expense Net of Netweb Technologies India are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Total Other Income Expense Net i.e., Netweb Technologies' Total Other Income Expense Net and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | -0.97 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Total Other Income Expense Net
Cost Of Revenue
Cost of Revenue is found on Netweb Technologies India income statement and represents the costs associated with goods and services Netweb Technologies 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.
Most indicators from Netweb Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Netweb Technologies India 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 Netweb Technologies India. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
The current year's
Selling General Administrative is expected to grow to about 616.9
MNetweb Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Netweb Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Netweb Technologies 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.
Other Information on Investing in Netweb Stock
Balance Sheet is a snapshot of the
financial position of Netweb Technologies India at a specified time, usually calculated after every quarter, six months, or one year. Netweb Technologies Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Netweb Technologies and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Netweb currently owns. An asset can also be divided into two categories, current and non-current.