NUF Stock | | | 3.70 0.09 2.37% |
Nufarm financial indicator trend analysis is infinitely more than just investigating Nufarm recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nufarm is a good investment. Please check the relationship between Nufarm Total Revenue and its Ebit accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nufarm. 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.
Total Revenue vs Ebit
Total Revenue vs Ebit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Nufarm Total Revenue account and
Ebit. At this time, the significance of the direction appears to have very week relationship.
The correlation between Nufarm's Total Revenue and Ebit is 0.23. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Ebit in the same time period over historical financial statements of Nufarm, assuming nothing else is changed. The correlation between historical values of Nufarm's Total Revenue and Ebit 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 Revenue of Nufarm are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Total Revenue i.e., Nufarm's Total Revenue and Ebit go up and down completely randomly.
Correlation Coefficient | 0.23 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Total Revenue
Total revenue comprises all receipts Nufarm generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Ebit
Most indicators from Nufarm's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nufarm 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 Nufarm. 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 drop to about 216.5
M in 2024.
Tax Provision is likely to drop to about 31.8
M in 2024
Nufarm fundamental ratios Correlations
Click cells to compare fundamentals
Nufarm Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Nufarm fundamental ratios Accounts
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for Nufarm Stock Analysis
When running Nufarm's price analysis, check to
measure Nufarm'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 Nufarm is operating at the current time. Most of Nufarm's value examination focuses on studying past and present price action to
predict the probability of Nufarm's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nufarm's price. Additionally, you may evaluate how the addition of Nufarm to your portfolios can decrease your overall portfolio volatility.