Technology Pocfratio vs Tangible Book Value Per Share Analysis

TETEW Stock  USD 0.01  0.0006  4.17%   
Technology Telecommunicatio financial indicator trend analysis is much more than just breaking down Technology Telecommunicatio prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Technology Telecommunicatio is a good investment. Please check the relationship between Technology Telecommunicatio Pocfratio 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 Technology Telecommunication Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Pocfratio vs Tangible Book Value Per Share

Pocfratio 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 Technology Telecommunicatio Pocfratio account and Tangible Book Value Per Share. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Technology Telecommunicatio's Pocfratio and Tangible Book Value Per Share is 0.88. Overlapping area represents the amount of variation of Pocfratio that can explain the historical movement of Tangible Book Value Per Share in the same time period over historical financial statements of Technology Telecommunication Acquisition, assuming nothing else is changed. The correlation between historical values of Technology Telecommunicatio's Pocfratio 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 Pocfratio of Technology Telecommunication Acquisition 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 Pocfratio i.e., Technology Telecommunicatio's Pocfratio and Tangible Book Value Per Share go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Pocfratio

Tangible Book Value Per Share

Most indicators from Technology Telecommunicatio's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Technology Telecommunicatio 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 Technology Telecommunication Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
At this time, Technology Telecommunicatio's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to climb to 953.49 in 2024, whereas Selling General Administrative is likely to drop slightly above 400.8 K in 2024.
 2021 2022 2023 2024 (projected)
Other Operating Expenses501.0K1.8M2.1M2.2M
Depreciation And Amortization2.7M2.0M2.3M1.7M

Technology Telecommunicatio fundamental ratios Correlations

0.810.820.411.0-0.860.25-0.680.461.01.00.84-0.160.82-0.84-0.840.661.00.810.621.0-0.320.811.0-0.41-0.38
0.810.940.750.76-0.970.64-0.930.780.810.810.96-0.660.99-0.96-0.960.970.781.00.160.81-0.731.00.81-0.77-0.44
0.820.940.860.78-0.980.76-0.970.880.820.821.0-0.690.97-1.0-1.00.930.790.940.060.82-0.80.940.82-0.86-0.68
0.410.750.860.36-0.790.99-0.931.00.410.410.83-0.940.8-0.83-0.830.870.380.75-0.460.41-0.980.750.41-1.0-0.79
1.00.760.780.36-0.820.2-0.630.41.01.00.81-0.10.78-0.8-0.810.61.00.760.661.0-0.260.761.0-0.35-0.36
-0.86-0.97-0.98-0.79-0.82-0.680.96-0.82-0.86-0.86-1.00.64-0.991.01.0-0.94-0.83-0.97-0.16-0.860.75-0.97-0.860.80.55
0.250.640.760.990.2-0.68-0.860.980.250.260.72-0.960.69-0.72-0.720.80.220.64-0.60.26-0.980.640.26-0.98-0.78
-0.68-0.93-0.97-0.93-0.630.96-0.86-0.94-0.68-0.68-0.970.83-0.950.970.97-0.97-0.65-0.930.13-0.680.91-0.93-0.680.940.65
0.460.780.881.00.4-0.820.98-0.940.460.460.85-0.920.82-0.85-0.850.890.420.78-0.420.46-0.980.780.46-1.0-0.79
1.00.810.820.411.0-0.860.25-0.680.461.00.84-0.160.82-0.84-0.840.661.00.810.611.0-0.320.811.0-0.41-0.38
1.00.810.820.411.0-0.860.26-0.680.461.00.84-0.160.82-0.84-0.840.661.00.810.611.0-0.320.811.0-0.41-0.38
0.840.961.00.830.81-1.00.72-0.970.850.840.84-0.660.98-1.0-1.00.940.820.960.110.84-0.780.960.84-0.83-0.61
-0.16-0.66-0.69-0.94-0.10.64-0.960.83-0.92-0.16-0.16-0.66-0.680.670.66-0.83-0.12-0.660.63-0.160.97-0.66-0.160.950.6
0.820.990.970.80.78-0.990.69-0.950.820.820.820.98-0.68-0.98-0.980.970.790.990.130.82-0.760.990.82-0.81-0.52
-0.84-0.96-1.0-0.83-0.81.0-0.720.97-0.85-0.84-0.84-1.00.67-0.981.0-0.94-0.82-0.96-0.11-0.840.78-0.96-0.840.830.62
-0.84-0.96-1.0-0.83-0.811.0-0.720.97-0.85-0.84-0.84-1.00.66-0.981.0-0.94-0.82-0.96-0.11-0.840.78-0.96-0.840.830.61
0.660.970.930.870.6-0.940.8-0.970.890.660.660.94-0.830.97-0.94-0.940.620.97-0.090.66-0.860.970.66-0.89-0.52
1.00.780.790.381.0-0.830.22-0.650.421.01.00.82-0.120.79-0.82-0.820.620.780.641.0-0.280.781.0-0.37-0.37
0.811.00.940.750.76-0.970.64-0.930.780.810.810.96-0.660.99-0.96-0.960.970.780.160.81-0.731.00.81-0.77-0.44
0.620.160.06-0.460.66-0.16-0.60.13-0.420.610.610.110.630.13-0.11-0.11-0.090.640.160.610.530.160.610.460.34
1.00.810.820.411.0-0.860.26-0.680.461.01.00.84-0.160.82-0.84-0.840.661.00.810.61-0.320.811.0-0.41-0.38
-0.32-0.73-0.8-0.98-0.260.75-0.980.91-0.98-0.32-0.32-0.780.97-0.760.780.78-0.86-0.28-0.730.53-0.32-0.73-0.320.990.69
0.811.00.940.750.76-0.970.64-0.930.780.810.810.96-0.660.99-0.96-0.960.970.781.00.160.81-0.730.81-0.77-0.44
1.00.810.820.411.0-0.860.26-0.680.461.01.00.84-0.160.82-0.84-0.840.661.00.810.611.0-0.320.81-0.41-0.38
-0.41-0.77-0.86-1.0-0.350.8-0.980.94-1.0-0.41-0.41-0.830.95-0.810.830.83-0.89-0.37-0.770.46-0.410.99-0.77-0.410.74
-0.38-0.44-0.68-0.79-0.360.55-0.780.65-0.79-0.38-0.38-0.610.6-0.520.620.61-0.52-0.37-0.440.34-0.380.69-0.44-0.380.74
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Technology Telecommunicatio Account Relationship Matchups

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