Eddy Other Liab vs Capital Stock Analysis
EDY Stock | 2.50 0.10 3.85% |
Eddy Smart financial indicator trend analysis is much more than just examining Eddy Smart Home latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eddy Smart Home is a good investment. Please check the relationship between Eddy Smart Other Liab and its Capital Stock accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eddy Smart Home. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Other Liab vs Capital Stock
Other Liab vs Capital Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eddy Smart Home Other Liab account and Capital Stock. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Eddy Smart's Other Liab and Capital Stock is 0.94. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Capital Stock in the same time period over historical financial statements of Eddy Smart Home, assuming nothing else is changed. The correlation between historical values of Eddy Smart's Other Liab and Capital Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of Eddy Smart Home are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Other Liab i.e., Eddy Smart's Other Liab and Capital Stock go up and down completely randomly.
Correlation Coefficient | 0.94 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Other Liab
Capital Stock
The total amount of a company's capital funded by shareholders through the issue and subscription of shares.Most indicators from Eddy Smart's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eddy Smart Home 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eddy Smart Home. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. Selling General Administrative is likely to drop to about 6.5 M in 2024. Issuance Of Capital Stock is expected to grow at the current pace this year
2021 | 2022 | 2023 | 2024 (projected) | Other Operating Expenses | 297.9K | 13.0M | 10.3M | 6.5M | Depreciation And Amortization | 321.3K | 692.7K | 810.2K | 558.4K |
Eddy Smart fundamental ratios Correlations
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Eddy Smart Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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Additional Tools for Eddy Stock Analysis
When running Eddy Smart's price analysis, check to measure Eddy Smart'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 Eddy Smart is operating at the current time. Most of Eddy Smart's value examination focuses on studying past and present price action to predict the probability of Eddy Smart's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eddy Smart's price. Additionally, you may evaluate how the addition of Eddy Smart to your portfolios can decrease your overall portfolio volatility.