Wipro Cash from 2010 to 2024
| WIT Stock | USD 5.49 0.08 1.48% |
Cash | First Reported 2000-06-30 | Previous Quarter 91.1 B | Current Value 97 B | Quarterly Volatility 54.3 B |
Check Wipro Limited financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Wipro main balance sheet or income statement drivers, such as Depreciation And Amortization of 15 B, Interest Expense of 12.2 B or Total Revenue of 942.5 B, as well as many exotic indicators such as Price To Sales Ratio of 2.65, Dividend Yield of 0.002 or PTB Ratio of 3.17. Wipro financial statements analysis is a perfect complement when working with Wipro Limited Valuation or Volatility modules.
Wipro | Cash |
Latest Wipro Limited's Cash Growth Pattern
Below is the plot of the Cash of Wipro Limited ADR over the last few years. Cash refers to the most liquid asset of Wipro Limited ADR, which is listed under current asset account on Wipro Limited ADR balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Wipro Limited customers. The amounts must be unrestricted with restricted cash listed in a different Wipro Limited account. It is the total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts. Wipro Limited's Cash historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Wipro Limited's overall financial position and show how it may be relating to other accounts over time.
| Cash | 10 Years Trend |
|
Cash |
| Timeline |
Wipro Cash Regression Statistics
| Arithmetic Mean | 98,104,532,885 | |
| Geometric Mean | 70,918,264,673 | |
| Coefficient Of Variation | 47.63 | |
| Mean Deviation | 34,948,702,641 | |
| Median | 96,953,000,000 | |
| Standard Deviation | 46,722,903,168 | |
| Sample Variance | 2183029680.5T | |
| Range | 169B | |
| R-Value | 0.29 | |
| Mean Square Error | 2155250021.6T | |
| R-Squared | 0.08 | |
| Significance | 0.30 | |
| Slope | 3,014,349,756 | |
| Total Sum of Squares | 30562415526.4T |
Wipro Cash History
Other Fundumenentals of Wipro Limited ADR
Wipro Limited Cash component correlations
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About Wipro Limited Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Wipro Limited income statement, its balance sheet, and the statement of cash flows. Wipro Limited investors use historical funamental indicators, such as Wipro Limited's Cash, to determine how well the company is positioned to perform in the future. Although Wipro Limited investors may use each financial statement separately, they are all related. The changes in Wipro Limited's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Wipro Limited's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Wipro Limited Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Wipro Limited. Please read more on our technical analysis and fundamental analysis pages.
Pair Trading with Wipro Limited
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Wipro Limited position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Wipro Limited will appreciate offsetting losses from the drop in the long position's value.Moving together with Wipro Stock
| 0.71 | G | Genpact Limited | PairCorr |
| 0.88 | DMRC | Digimarc | PairCorr |
Moving against Wipro Stock
| 0.63 | AUR | Aurora Innovation Earnings Call Today | PairCorr |
| 0.63 | FIS | Fidelity National | PairCorr |
The ability to find closely correlated positions to Wipro Limited could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wipro Limited when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Wipro Limited - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Wipro Limited ADR to buy it.
The correlation of Wipro Limited is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Wipro Limited moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wipro Limited ADR moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Wipro Limited can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Wipro Limited Correlation against competitors. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
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When running Wipro Limited's price analysis, check to measure Wipro Limited'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 Wipro Limited is operating at the current time. Most of Wipro Limited's value examination focuses on studying past and present price action to predict the probability of Wipro Limited's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wipro Limited's price. Additionally, you may evaluate how the addition of Wipro Limited to your portfolios can decrease your overall portfolio volatility.
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Is Wipro Limited's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Wipro Limited. If investors know Wipro will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Wipro Limited listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.03) | Dividend Share 1 | Earnings Share 0.26 | Revenue Per Share 169.734 | Quarterly Revenue Growth (0.04) |
The market value of Wipro Limited ADR is measured differently than its book value, which is the value of Wipro that is recorded on the company's balance sheet. Investors also form their own opinion of Wipro Limited's value that differs from its market value or its book value, called intrinsic value, which is Wipro Limited's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Wipro Limited's market value can be influenced by many factors that don't directly affect Wipro Limited's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Wipro Limited's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wipro Limited is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wipro Limited's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.