DETERMINING THE TIGHTNESS OF THE CONNECTION USING THE COEFFICIENTS OF MUTUAL CONJUGATION

Abstract

In the modern realities of the Ukrainian economy, the activities of business entities are accompanied by various risks. This can lead to a lack of profit, loss of funds or even incurring a loss. In our opinion, a fairly important step is to ensure the proper level of financial condition of business entities. This can be achieved by analyzing the process of their functioning. This will allow you to assess the level of financial condition, which will be positively affected by the presence of a sufficient amount of cash resources in the business entity. Determining the market value of a business entity is based on forecast estimates. Therefore, it is important to choose more effective methods of reducing the level of financial risk, the use of which will allow you to take timely measures to improve the financial condition of the business entity and prevent its bankruptcy. To avoid this, the current task is to determine the market value of the business entity at the moment, as well as the ability to predict it for the next period. Determining the market value of a business entity is based on an assessment of the value of net assets and the value of the net financial result. When obtaining forecast values of the value of a business entity based on net financial result and net asset value, forecasting methods based on dynamic series (analytical smoothing and moving average) are used. However, none of the works considered the question of the existence of a connection between these characteristics. This problem is proposed to be partially solved in this article. The main task set in this work is to identify and determine the density measure between two characteristics: net financial result (loss) and net asset value. For this, we will use correlation analysis methods, in particular: Chuprov, Cramer, Pearson correlation coefficients, as well as contingency and association coefficients.