Stardust Invested Capital vs Tangible Book Value Per Share Analysis

SDST Stock   6.65  0.14  2.06%   
Stardust Power financial indicator trend analysis is much more than just breaking down Stardust Power prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Stardust Power is a good investment. Please check the relationship between Stardust Power Invested Capital and its Tangible Book Value Per Share accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stardust Power. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more information on how to buy Stardust Stock please use our How to Invest in Stardust Power guide.

Invested Capital vs Tangible Book Value Per Share

Invested Capital vs Tangible Book Value Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Stardust Power Invested Capital account and Tangible Book Value Per Share. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Stardust Power's Invested Capital and Tangible Book Value Per Share is -0.27. Overlapping area represents the amount of variation of Invested Capital that can explain the historical movement of Tangible Book Value Per Share in the same time period over historical financial statements of Stardust Power, assuming nothing else is changed. The correlation between historical values of Stardust Power's Invested Capital and Tangible 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 Invested Capital of Stardust Power are associated (or correlated) with its Tangible Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tangible Book Value Per Share has no effect on the direction of Invested Capital i.e., Stardust Power's Invested Capital and Tangible Book Value Per Share go up and down completely randomly.

Correlation Coefficient

-0.27
Relationship DirectionNegative 
Relationship StrengthInsignificant

Invested Capital

Invested capital represents the total cash investment that shareholders and debt holders have contributed to Stardust Power. There are two different methods for calculating Stardust Power invested capital: operating approach and financing approach. Understanding Stardust Power invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.

Tangible Book Value Per Share

Most indicators from Stardust Power's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Stardust Power 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Stardust Power. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more information on how to buy Stardust Stock please use our How to Invest in Stardust Power guide.Selling General Administrative is likely to drop to about 2.1 M in 2024. Enterprise Value Over EBITDA is likely to drop to -33.35 in 2024

Stardust Power fundamental ratios Correlations

0.90.990.961.0-0.29-0.750.741.00.680.740.010.680.780.730.90.990.36-0.42-0.40.01-0.010.01
0.90.950.960.93-0.2-0.410.730.90.310.730.440.310.460.721.00.95-0.03-0.05-0.020.42-0.420.41
0.990.950.991.0-0.22-0.640.720.990.570.720.160.570.680.710.951.00.26-0.33-0.30.15-0.150.15
0.960.960.990.98-0.08-0.560.620.970.510.620.210.510.60.610.950.980.25-0.33-0.30.2-0.20.2
1.00.931.00.98-0.25-0.710.731.00.640.730.070.640.740.720.921.00.33-0.39-0.370.07-0.060.06
-0.29-0.2-0.22-0.08-0.250.52-0.82-0.28-0.31-0.820.15-0.31-0.55-0.82-0.19-0.260.15-0.2-0.180.15-0.150.14
-0.75-0.41-0.64-0.56-0.710.52-0.61-0.75-0.97-0.610.62-0.97-1.0-0.61-0.4-0.65-0.710.70.710.59-0.580.59
0.740.730.720.620.73-0.82-0.610.730.411.00.150.410.661.00.730.75-0.110.10.110.14-0.140.14
1.00.90.990.971.0-0.28-0.750.730.680.730.010.680.780.730.90.990.37-0.42-0.40.01-0.010.01
0.680.310.570.510.64-0.31-0.970.410.680.41-0.721.00.950.410.30.570.86-0.85-0.86-0.690.68-0.69
0.740.730.720.620.73-0.82-0.611.00.730.410.150.410.661.00.730.75-0.110.10.110.14-0.140.14
0.010.440.160.210.070.150.620.150.01-0.720.15-0.72-0.560.140.450.15-0.830.770.80.95-0.950.94
0.680.310.570.510.64-0.31-0.970.410.681.00.41-0.720.950.410.30.570.86-0.85-0.86-0.690.68-0.68
0.780.460.680.60.74-0.55-1.00.660.780.950.66-0.560.950.660.460.690.66-0.66-0.66-0.520.55-0.51
0.730.720.710.610.72-0.82-0.611.00.730.411.00.140.410.660.720.74-0.110.10.110.13-0.130.13
0.91.00.950.950.92-0.19-0.40.730.90.30.730.450.30.460.720.95-0.04-0.04-0.010.42-0.430.42
0.990.951.00.981.0-0.26-0.650.750.990.570.750.150.570.690.740.950.24-0.31-0.290.15-0.150.14
0.36-0.030.260.250.330.15-0.71-0.110.370.86-0.11-0.830.860.66-0.11-0.040.24-0.99-1.0-0.80.79-0.79
-0.42-0.05-0.33-0.33-0.39-0.20.70.1-0.42-0.850.10.77-0.85-0.660.1-0.04-0.31-0.991.00.71-0.750.71
-0.4-0.02-0.3-0.3-0.37-0.180.710.11-0.4-0.860.110.8-0.86-0.660.11-0.01-0.29-1.01.00.75-0.760.75
0.010.420.150.20.070.150.590.140.01-0.690.140.95-0.69-0.520.130.420.15-0.80.710.75-0.81.0
-0.01-0.42-0.15-0.2-0.06-0.15-0.58-0.14-0.010.68-0.14-0.950.680.55-0.13-0.43-0.150.79-0.75-0.76-0.8-0.8
0.010.410.150.20.060.140.590.140.01-0.690.140.94-0.68-0.510.130.420.14-0.790.710.751.0-0.8
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Stardust Power Account Relationship Matchups

Thematic Opportunities

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Additional Tools for Stardust Stock Analysis

When running Stardust Power's price analysis, check to measure Stardust Power'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 Stardust Power is operating at the current time. Most of Stardust Power's value examination focuses on studying past and present price action to predict the probability of Stardust Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stardust Power's price. Additionally, you may evaluate how the addition of Stardust Power to your portfolios can decrease your overall portfolio volatility.