Shapeways Net Tangible Assets vs Other Stockholder Equity Analysis
SHPW Stock | USD 0.0002 0.00 0.00% |
Shapeways Holdings, financial indicator trend analysis is much more than just breaking down Shapeways Holdings, prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shapeways Holdings, is a good investment. Please check the relationship between Shapeways Holdings, Net Tangible Assets and its Other Stockholder Equity accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shapeways Holdings, Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
Net Tangible Assets vs Other Stockholder Equity
Net Tangible Assets vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shapeways Holdings, Net Tangible Assets account and Other Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between Shapeways Holdings,'s Net Tangible Assets and Other Stockholder Equity is 0.6. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Shapeways Holdings, Common, assuming nothing else is changed. The correlation between historical values of Shapeways Holdings,'s Net Tangible Assets and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Shapeways Holdings, Common are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Net Tangible Assets i.e., Shapeways Holdings,'s Net Tangible Assets and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.6 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Other Stockholder Equity
Most indicators from Shapeways Holdings,'s fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shapeways Holdings, 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 Shapeways Holdings, Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. At this time, Shapeways Holdings,'s Tax Provision is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 268.6 K in 2024, whereas Selling General Administrative is likely to drop slightly above 20.7 M in 2024.
2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 3.8M | 1.9M | 1.8M | Interest Income | 149K | 1.0M | 1.1M |
Shapeways Holdings, fundamental ratios Correlations
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Shapeways Holdings, Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Shapeways Stock Analysis
When running Shapeways Holdings,'s price analysis, check to measure Shapeways Holdings,'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 Shapeways Holdings, is operating at the current time. Most of Shapeways Holdings,'s value examination focuses on studying past and present price action to predict the probability of Shapeways Holdings,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shapeways Holdings,'s price. Additionally, you may evaluate how the addition of Shapeways Holdings, to your portfolios can decrease your overall portfolio volatility.