LOBO Capex To Revenue vs Pocfratio Analysis
| LOBO Stock | 2.06 0.16 7.21% |
LOBO EV financial indicator trend analysis is infinitely more than just investigating LOBO EV TECHNOLOGIES recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether LOBO EV TECHNOLOGIES is a good investment. Please check the relationship between LOBO EV Capex To Revenue and its Pocfratio accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LOBO EV TECHNOLOGIES. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Capex To Revenue vs Pocfratio
Capex To Revenue vs Pocfratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LOBO EV TECHNOLOGIES Capex To Revenue account and Pocfratio. At this time, the significance of the direction appears to have pay attention.
The correlation between LOBO EV's Capex To Revenue and Pocfratio is -0.84. Overlapping area represents the amount of variation of Capex To Revenue that can explain the historical movement of Pocfratio in the same time period over historical financial statements of LOBO EV TECHNOLOGIES, assuming nothing else is changed. The correlation between historical values of LOBO EV's Capex To Revenue and Pocfratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Revenue of LOBO EV TECHNOLOGIES are associated (or correlated) with its Pocfratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pocfratio has no effect on the direction of Capex To Revenue i.e., LOBO EV's Capex To Revenue and Pocfratio go up and down completely randomly.
Correlation Coefficient | -0.84 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Capex To Revenue
The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.Pocfratio
Most indicators from LOBO EV's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into LOBO EV TECHNOLOGIES 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LOBO EV TECHNOLOGIES. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. At this time, LOBO EV's Tax Provision is very stable compared to the past year. As of the 29th of November 2024, Enterprise Value Over EBITDA is likely to grow to 16.62, while Selling General Administrative is likely to drop about 512.7 K.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.9M | 3.0M | 2.2M | 2.7M | Total Revenue | 14.1M | 18.3M | 15.5M | 15.7M |
LOBO EV fundamental ratios Correlations
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LOBO EV Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with LOBO EV
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 LOBO EV 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 LOBO EV will appreciate offsetting losses from the drop in the long position's value.Moving against LOBO Stock
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The ability to find closely correlated positions to LOBO EV could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace LOBO EV 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 LOBO EV - 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 LOBO EV TECHNOLOGIES to buy it.
The correlation of LOBO EV 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 LOBO EV moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if LOBO EV TECHNOLOGIES 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 LOBO EV 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LOBO EV TECHNOLOGIES. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Is Motorcycle Manufacturers space 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 LOBO EV. If investors know LOBO 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 LOBO EV 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 (0.67) | Earnings Share 0.12 | Revenue Per Share 2.418 | Quarterly Revenue Growth (0.43) | Return On Assets 0.028 |
The market value of LOBO EV TECHNOLOGIES is measured differently than its book value, which is the value of LOBO that is recorded on the company's balance sheet. Investors also form their own opinion of LOBO EV's value that differs from its market value or its book value, called intrinsic value, which is LOBO EV'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 LOBO EV's market value can be influenced by many factors that don't directly affect LOBO EV'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 LOBO EV's value and its price as these two are different measures arrived at by different means. Investors typically determine if LOBO EV is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LOBO EV'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.