TRUP Stock | | | USD 53.50 0.85 1.56% |
Trupanion financial indicator trend analysis is much more than just breaking down Trupanion prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Trupanion is a good investment. Please check the relationship between Trupanion Short Term Debt and its Long Term Investments accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Trupanion. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in employment.
To learn how to invest in Trupanion Stock, please use our
How to Invest in Trupanion guide.
Short Term Debt vs Long Term Investments
Short Term Debt vs Long Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Trupanion Short Term Debt account and
Long Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Trupanion's Short Term Debt and Long Term Investments is -0.45. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Trupanion, assuming nothing else is changed. The correlation between historical values of Trupanion's Short Term Debt and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Trupanion are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Short Term Debt i.e., Trupanion's Short Term Debt and Long Term Investments go up and down completely randomly.
Correlation Coefficient | -0.45 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Short Term Debt
Long Term Investments
Long Term Investments is an item on the asset side of Trupanion balance sheet that represents investments Trupanion intends to hold for over a year. Trupanion long term investments may include different instruments such as stocks, bonds, real estate and cash.
Most indicators from Trupanion's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Trupanion 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 Trupanion. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in employment.
To learn how to invest in Trupanion Stock, please use our
How to Invest in Trupanion guide.At this time, Trupanion's
Selling General Administrative is relatively stable compared to the past year. As of 11/29/2024,
Sales General And Administrative To Revenue is likely to grow to 0.09, though
Tax Provision is likely to grow to (462.6
K).
Trupanion fundamental ratios Correlations
Click cells to compare fundamentals
Trupanion Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Trupanion fundamental ratios Accounts
Additional Tools for Trupanion Stock Analysis
When running Trupanion's price analysis, check to
measure Trupanion'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 Trupanion is operating at the current time. Most of Trupanion's value examination focuses on studying past and present price action to
predict the probability of Trupanion's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trupanion's price. Additionally, you may evaluate how the addition of Trupanion to your portfolios can decrease your overall portfolio volatility.