Nxu Roe vs Ev To Sales Analysis

NXU Stock  USD 0.25  0.01  3.85%   
Nxu financial indicator trend analysis is infinitely more than just investigating Nxu Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nxu Inc is a good investment. Please check the relationship between Nxu Roe and its Ev To Sales accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nxu Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

Roe vs Ev To Sales

Roe vs Ev To Sales Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nxu Inc Roe account and Ev To Sales. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Nxu's Roe and Ev To Sales is -0.47. Overlapping area represents the amount of variation of Roe that can explain the historical movement of Ev To Sales in the same time period over historical financial statements of Nxu Inc, assuming nothing else is changed. The correlation between historical values of Nxu's Roe and Ev To Sales is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Roe of Nxu Inc are associated (or correlated) with its Ev To Sales. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Sales has no effect on the direction of Roe i.e., Nxu's Roe and Ev To Sales go up and down completely randomly.

Correlation Coefficient

-0.47
Relationship DirectionNegative 
Relationship StrengthVery Weak

Roe

Ev To Sales

The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.
Most indicators from Nxu's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nxu Inc 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 Nxu Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
At this time, Nxu's Selling General Administrative is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 0.000088 in 2024, despite the fact that Enterprise Value is likely to grow to (3.1 K).
 2021 2022 2023 2024 (projected)
Total Operating Expenses133.7M68.8M46.9M71.8M
Cost Of Revenue89.1K348K1.0M1.1M

Nxu fundamental ratios Correlations

-0.92-0.940.710.810.850.990.910.530.840.380.860.990.940.230.990.790.960.850.690.790.860.480.890.90.78
-0.920.78-0.51-0.62-0.73-0.88-0.77-0.68-0.95-0.06-0.9-0.87-0.8-0.51-0.91-0.56-0.82-0.67-0.41-0.56-0.7-0.64-0.83-0.74-0.87
-0.940.78-0.61-0.95-0.94-0.98-0.95-0.57-0.7-0.39-0.83-0.95-0.85-0.19-0.91-0.95-0.9-0.77-0.89-0.95-0.77-0.51-0.94-0.98-0.76
0.71-0.51-0.610.430.440.650.66-0.210.50.870.440.770.91-0.480.780.440.870.970.420.440.97-0.270.360.550.12
0.81-0.62-0.950.430.970.880.930.590.590.30.790.830.680.210.760.990.750.60.950.990.590.540.930.980.72
0.85-0.73-0.940.440.970.890.970.630.740.240.90.850.710.290.80.930.780.620.860.930.610.580.950.980.78
0.99-0.88-0.980.650.880.890.930.590.80.340.870.990.90.260.970.860.940.810.770.860.820.540.940.940.81
0.91-0.77-0.950.660.930.970.930.470.790.440.90.930.860.120.890.890.90.790.820.890.790.410.890.980.69
0.53-0.68-0.57-0.210.590.630.590.470.59-0.540.680.450.220.910.450.540.30.030.420.540.041.00.80.590.95
0.84-0.95-0.70.50.590.740.80.790.590.060.950.80.760.450.850.490.760.640.340.490.660.560.770.720.78
0.38-0.06-0.390.870.30.240.340.44-0.540.060.080.480.64-0.820.440.350.60.780.420.350.75-0.60.060.34-0.27
0.86-0.9-0.830.440.790.90.870.90.680.950.080.830.740.460.840.690.770.610.570.690.630.640.890.870.84
0.99-0.87-0.950.770.830.850.990.930.450.80.480.830.960.120.990.810.990.90.730.810.90.390.860.910.71
0.94-0.8-0.850.910.680.710.90.860.220.760.640.740.96-0.080.970.670.990.980.60.670.980.160.70.80.53
0.23-0.51-0.19-0.480.210.290.260.120.910.45-0.820.460.12-0.080.160.14-0.03-0.280.00.14-0.260.930.50.210.77
0.99-0.91-0.910.780.760.80.970.890.450.850.440.840.990.970.160.730.980.90.630.730.910.390.830.860.72
0.79-0.56-0.950.440.990.930.860.890.540.490.350.690.810.670.140.730.750.610.981.00.590.480.890.960.67
0.96-0.82-0.90.870.750.780.940.90.30.760.60.770.990.99-0.030.980.750.960.670.750.960.240.770.850.59
0.85-0.67-0.770.970.60.620.810.790.030.640.780.610.90.98-0.280.90.610.960.560.611.0-0.040.570.710.35
0.69-0.41-0.890.420.950.860.770.820.420.340.420.570.730.60.00.630.980.670.560.980.540.360.80.90.53
0.79-0.56-0.950.440.990.930.860.890.540.490.350.690.810.670.140.731.00.750.610.980.590.480.890.960.67
0.86-0.7-0.770.970.590.610.820.790.040.660.750.630.90.98-0.260.910.590.961.00.540.59-0.020.570.710.36
0.48-0.64-0.51-0.270.540.580.540.411.00.56-0.60.640.390.160.930.390.480.24-0.040.360.48-0.020.760.530.92
0.89-0.83-0.940.360.930.950.940.890.80.770.060.890.860.70.50.830.890.770.570.80.890.570.760.950.92
0.9-0.74-0.980.550.980.980.940.980.590.720.340.870.910.80.210.860.960.850.710.90.960.710.530.950.76
0.78-0.87-0.760.120.720.780.810.690.950.78-0.270.840.710.530.770.720.670.590.350.530.670.360.920.920.76
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Nxu Account Relationship Matchups

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