AIHS Stock | | | USD 0.89 0.05 5.32% |
Senmiao Technology financial indicator trend analysis is much more than just breaking down Senmiao Technology prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Senmiao Technology is a good investment. Please check the relationship between Senmiao Technology Days Of Inventory On Hand and its Book Value Per Share accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Senmiao Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in rate.
For more information on how to buy Senmiao Stock please use our
How to Invest in Senmiao Technology guide.
Days Of Inventory On Hand vs Book Value Per Share
Days Of Inventory On Hand vs Book Value Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Senmiao Technology Days Of Inventory On Hand account and
Book Value Per Share. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Senmiao Technology's Days Of Inventory On Hand and Book Value Per Share is -0.04. Overlapping area represents the amount of variation of Days Of Inventory On Hand that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of Senmiao Technology, assuming nothing else is changed. The correlation between historical values of Senmiao Technology's Days Of Inventory On Hand and Book Value Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Days Of Inventory On Hand of Senmiao Technology are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Days Of Inventory On Hand i.e., Senmiao Technology's Days Of Inventory On Hand and Book Value Per Share go up and down completely randomly.
Correlation Coefficient | -0.04 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Days Of Inventory On Hand
Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.
Most indicators from Senmiao Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Senmiao Technology 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in Senmiao Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in rate.
For more information on how to buy Senmiao Stock please use our
How to Invest in Senmiao Technology guide.At this time, Senmiao Technology's
Discontinued Operations is comparatively stable compared to the past year.
Sales General And Administrative To Revenue is likely to gain to 0.74 in 2024, whereas
Selling General Administrative is likely to drop slightly above 4.2
M in 2024.
Senmiao Technology fundamental ratios Correlations
Click cells to compare fundamentals
Senmiao Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Senmiao Technology fundamental ratios Accounts
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Additional Tools for Senmiao Stock Analysis
When running Senmiao Technology's price analysis, check to
measure Senmiao Technology'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 Senmiao Technology is operating at the current time. Most of Senmiao Technology's value examination focuses on studying past and present price action to
predict the probability of Senmiao Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Senmiao Technology's price. Additionally, you may evaluate how the addition of Senmiao Technology to your portfolios can decrease your overall portfolio volatility.