VRT Stock | | | USD 121.70 4.47 3.54% |
Vertiv Holdings financial indicator trend analysis is much more than just breaking down Vertiv Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vertiv Holdings is a good investment. Please check the relationship between Vertiv Holdings Non Recurring and its Reconciled Depreciation accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Vertiv Holdings Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
Non Recurring vs Reconciled Depreciation
Non Recurring vs Reconciled Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Vertiv Holdings Non Recurring account and
Reconciled Depreciation. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Vertiv Holdings' Non Recurring and Reconciled Depreciation is -0.56. Overlapping area represents the amount of variation of Non Recurring that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of Vertiv Holdings Co, assuming nothing else is changed. The correlation between historical values of Vertiv Holdings' Non Recurring and Reconciled Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Recurring of Vertiv Holdings Co are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Non Recurring i.e., Vertiv Holdings' Non Recurring and Reconciled Depreciation go up and down completely randomly.
Correlation Coefficient | -0.56 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Non Recurring
Reconciled Depreciation
Most indicators from Vertiv Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vertiv Holdings 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 Vertiv Holdings Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
At this time, Vertiv Holdings'
Discontinued Operations is comparatively stable compared to the past year.
Selling General Administrative is likely to gain to about 1.4
B in 2024, whereas
Tax Provision is likely to drop slightly above 39.4
M in 2024.
Vertiv Holdings fundamental ratios Correlations
Click cells to compare fundamentals
Vertiv Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Vertiv Holdings fundamental ratios Accounts
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Additional Tools for Vertiv Stock Analysis
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measure Vertiv Holdings' 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 Vertiv Holdings is operating at the current time. Most of Vertiv Holdings' value examination focuses on studying past and present price action to
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