UCAR Common Stock Shares Outstanding vs Inventory Analysis
UCAR Stock | 6.16 0.32 4.94% |
U Power financial indicator trend analysis is much more than just breaking down U Power Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether U Power Limited is a good investment. Please check the relationship between U Power Common Stock Shares Outstanding and its Inventory accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in U Power Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Common Stock Shares Outstanding vs Inventory
Common Stock Shares Outstanding vs Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of U Power Limited Common Stock Shares Outstanding account and Inventory. At this time, the significance of the direction appears to have weak relationship.
The correlation between U Power's Common Stock Shares Outstanding and Inventory is 0.33. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Inventory in the same time period over historical financial statements of U Power Limited, assuming nothing else is changed. The correlation between historical values of U Power's Common Stock Shares Outstanding and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of U Power Limited are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Common Stock Shares Outstanding i.e., U Power's Common Stock Shares Outstanding and Inventory go up and down completely randomly.
Correlation Coefficient | 0.33 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Inventory
Most indicators from U Power's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into U Power Limited 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 U Power Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. As of 11/28/2024, Tax Provision is likely to drop to about 1.4 M. In addition to that, Selling General Administrative is likely to drop to about 35.9 M
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 5.2M | 7.7M | 8.3M | 6.2M | Interest Income | 437K | 49K | 562K | 296.8K |
U Power fundamental ratios Correlations
Click cells to compare fundamentals
U Power Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Additional Tools for UCAR Stock Analysis
When running U Power's price analysis, check to measure U 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 U Power is operating at the current time. Most of U Power's value examination focuses on studying past and present price action to predict the probability of U 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 U Power's price. Additionally, you may evaluate how the addition of U Power to your portfolios can decrease your overall portfolio volatility.