| SEQ Stock | | | 0.36 0.02 5.26% |
Sequoia Financial financial indicator trend analysis is much more than just breaking down Sequoia Financial prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sequoia Financial is a good investment. Please check the relationship between Sequoia Financial Net Income and its Minority Interest accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Sequoia Financial 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.
Net Income vs Minority Interest
Net Income vs Minority Interest Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Sequoia Financial Net Income account and
Minority Interest. At this time, the significance of the direction appears to have weak relationship.
The correlation between Sequoia Financial's Net Income and Minority Interest is 0.34. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Minority Interest in the same time period over historical financial statements of Sequoia Financial Group, assuming nothing else is changed. The correlation between historical values of Sequoia Financial's Net Income and Minority Interest is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Sequoia Financial Group are associated (or correlated) with its Minority Interest. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Minority Interest has no effect on the direction of Net Income i.e., Sequoia Financial's Net Income and Minority Interest go up and down completely randomly.
Correlation Coefficient | 0.34 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Sequoia Financial financial statement analysis. It represents the amount of money remaining after all of Sequoia Financial Group operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Minority Interest
Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Sequoia Financial Group whose combined shares represent less than 50% of the total outstanding shares issued by Sequoia Financial have a minority interest in Sequoia Financial.
Most indicators from Sequoia Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sequoia Financial 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 Sequoia Financial 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.
At this time, Sequoia Financial's
Selling General Administrative is comparatively stable compared to the past year.
Discontinued Operations is likely to gain to about 1.3
M in 2024, whereas
Tax Provision is likely to drop slightly above 1.2
M in 2024.
Sequoia Financial fundamental ratios Correlations
Click cells to compare fundamentals
Sequoia Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sequoia Financial fundamental ratios Accounts
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Additional Tools for Sequoia Stock Analysis
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