Visa Accumulated Other Comprehensive Income vs Cash and Equivalents Analysis

V -- USA Stock  

USD 139.42  0.48  0.34%

Visa financial indicator trend analysis is much more than just breaking down Visa prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Visa is a good investment. Please check the relationship between Visa Accumulated Other Comprehensive Income and its Cash and Equivalents accounts. Also please take a look at World Market Map.

Accumulated Other Comprehensive Income vs Cash and Equivalents

Accounts Relationship

Accumulated Other Comprehensive Income vs Cash and Equivalents

Significance: Pay attention

Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Visa Accumulated Other Comprehensive Income account and Cash and Equivalents

Correlation Coefficient

-0.77
Relationship DirectionNegative 
Relationship StrengthWeak

Accumulated Other Comprehensive Income

A component of Shareholders Equity representing the accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities.

Cash and Equivalents

A component of Total Assets representing the amount of currency on hand as well as demand deposits with banks or financial institutions.

Did you try this?

Run Idea Breakdown Now
   

Idea Breakdown

Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
All  Next Launch Idea Breakdown

Build Efficient Portfolios

Align your risk and return expectations
Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Also please take a look at World Market Map. Please also try Pair Correlation module to compare performance and examine historical correlation between any two equity instruments.