| TELO Stock | | | CAD 0.12 0.01 9.09% |
Telo Genomics financial indicator trend analysis is much more than just breaking down Telo Genomics Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Telo Genomics Corp is a good investment. Please check the relationship between Telo Genomics Gross Profit and its Selling General Administrative accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Telo Genomics Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
Gross Profit vs Selling General Administrative
Gross Profit vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Telo Genomics Corp Gross Profit account and
Selling General Administrative. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Telo Genomics' Gross Profit and Selling General Administrative is -0.5. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Telo Genomics Corp, assuming nothing else is changed. The correlation between historical values of Telo Genomics' Gross Profit and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Telo Genomics Corp are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Gross Profit i.e., Telo Genomics' Gross Profit and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | -0.5 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Telo Genomics Corp minus its cost of goods sold. It is profit before Telo Genomics operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Selling General Administrative
Most indicators from Telo Genomics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Telo Genomics Corp 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 Telo Genomics Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
Issuance Of Capital Stock is likely to climb to about 3.4
M in 2024, whereas Selling General Administrative is likely to drop slightly above 1.6
M in 2024.
Telo Genomics fundamental ratios Correlations
Click cells to compare fundamentals
Telo Genomics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Telo Genomics fundamental ratios Accounts
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Additional Tools for Telo Stock Analysis
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measure Telo Genomics' 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 Telo Genomics is operating at the current time. Most of Telo Genomics' value examination focuses on studying past and present price action to
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