SUN Stock | | | 19.30 0.60 3.21% |
Suncorp financial indicator trend analysis is much more than just breaking down Suncorp Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Suncorp Group is a good investment. Please check the relationship between Suncorp Change To Operating Activities and its Change To Liabilities accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Suncorp 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.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Suncorp Group Change To Operating Activities account and
Change To Liabilities. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Suncorp's Change To Operating Activities and Change To Liabilities is -0.27. Overlapping area represents the amount of variation of Change To Operating Activities that can explain the historical movement of Change To Liabilities in the same time period over historical financial statements of Suncorp Group, assuming nothing else is changed. The correlation between historical values of Suncorp's Change To Operating Activities and Change To Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Operating Activities of Suncorp Group are associated (or correlated) with its Change To Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Liabilities has no effect on the direction of Change To Operating Activities i.e., Suncorp's Change To Operating Activities and Change To Liabilities go up and down completely randomly.
Correlation Coefficient | -0.27 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Most indicators from Suncorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Suncorp 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
World Market Map to better understand how to build diversified portfolios, which includes a position in Suncorp 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.
Discontinued Operations is likely to gain to about 270.3
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 154
M in 2024.
When running Suncorp's price analysis, check to
measure Suncorp'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 Suncorp is operating at the current time. Most of Suncorp's value examination focuses on studying past and present price action to
predict the probability of Suncorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Suncorp's price. Additionally, you may evaluate how the addition of Suncorp to your portfolios can decrease your overall portfolio volatility.