Most accounts from Eros International cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into Eros International Plc current financial condition. On the other hand, looking into the entire matrix of cash flow statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Additionally see Eros International Valuation and Eros International Correlation analysis.
Correlation analysis and pair trading evaluation for Eros International and Discovery Communications. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return