WIT Stock | | | USD 6.85 0.05 0.74% |
Wipro Limited financial indicator trend analysis is more than just analyzing Wipro Limited ADR current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wipro Limited ADR is a good investment. Please check the relationship between Wipro Limited Cash Per Share and its Ev To Free Cash Flow accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wipro Limited ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
Cash Per Share vs Ev To Free Cash Flow
Cash Per Share vs Ev To Free Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Wipro Limited ADR Cash Per Share account and
Ev To Free Cash Flow. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Wipro Limited's Cash Per Share and Ev To Free Cash Flow is -0.65. Overlapping area represents the amount of variation of Cash Per Share that can explain the historical movement of Ev To Free Cash Flow in the same time period over historical financial statements of Wipro Limited ADR, assuming nothing else is changed. The correlation between historical values of Wipro Limited's Cash Per Share and Ev To Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash Per Share of Wipro Limited ADR are associated (or correlated) with its Ev To Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Free Cash Flow has no effect on the direction of Cash Per Share i.e., Wipro Limited's Cash Per Share and Ev To Free Cash Flow go up and down completely randomly.
Correlation Coefficient | -0.65 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Cash Per Share
Ev To Free Cash Flow
A valuation metric comparing the company's enterprise value to its free cash flow, used to evaluate whether a company is undervalued or overvalued.
Most indicators from Wipro Limited's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wipro Limited ADR 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
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wipro Limited ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
At this time, Wipro Limited's
Selling General Administrative is comparatively stable compared to the past year.
Sales General And Administrative To Revenue is likely to gain to 0.13 in 2024, whereas
Tax Provision is likely to drop slightly above 31
B in 2024.
Wipro Limited fundamental ratios Correlations
Click cells to compare fundamentals
Wipro Limited Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Wipro Limited fundamental ratios Accounts
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Additional Tools for Wipro Stock Analysis
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