Zhibao Net Income Per Share vs Capex To Revenue Analysis
| ZBAO Stock | 2.20 0.47 17.60% |
Zhibao Technology financial indicator trend analysis is more than just analyzing Zhibao Technology Class current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zhibao Technology Class is a good investment. Please check the relationship between Zhibao Technology Net Income Per Share and its Capex To Revenue accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zhibao Technology Class. 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.
Net Income Per Share vs Capex To Revenue
Net Income Per Share vs Capex To Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zhibao Technology Class Net Income Per Share account and Capex To Revenue. At this time, the significance of the direction appears to have pay attention.
The correlation between Zhibao Technology's Net Income Per Share and Capex To Revenue is -0.77. Overlapping area represents the amount of variation of Net Income Per Share that can explain the historical movement of Capex To Revenue in the same time period over historical financial statements of Zhibao Technology Class, assuming nothing else is changed. The correlation between historical values of Zhibao Technology's Net Income Per Share and Capex To Revenue 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 Income Per Share of Zhibao Technology Class are associated (or correlated) with its Capex To Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Revenue has no effect on the direction of Net Income Per Share i.e., Zhibao Technology's Net Income Per Share and Capex To Revenue go up and down completely randomly.
Correlation Coefficient | -0.77 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Net Income Per Share
Capex To Revenue
The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.Most indicators from Zhibao Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zhibao Technology Class 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zhibao Technology Class. 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. At this time, Zhibao Technology's Tax Provision is very stable compared to the past year. As of the 11th of December 2024, Issuance Of Capital Stock is likely to grow to about 46.3 M, while Selling General Administrative is likely to drop about 44.1 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 1.2M | 912.4K | 848.6K | 794.7K | Depreciation And Amortization | 3.4M | 3.3M | 3.0M | 2.7M |
Zhibao Technology fundamental ratios Correlations
Click cells to compare fundamentals
Zhibao Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Zhibao Technology
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Zhibao Technology position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Zhibao Technology will appreciate offsetting losses from the drop in the long position's value.Moving together with Zhibao Stock
Moving against Zhibao Stock
| 0.84 | L | Loews Corp | PairCorr |
| 0.82 | BK | Bank of New York Fiscal Year End 10th of January 2025 | PairCorr |
| 0.78 | EHTH | eHealth | PairCorr |
| 0.78 | BN | Brookfield Corp | PairCorr |
| 0.77 | C | Citigroup Aggressive Push | PairCorr |
The ability to find closely correlated positions to Zhibao Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Zhibao Technology when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Zhibao Technology - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Zhibao Technology Class to buy it.
The correlation of Zhibao Technology is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Zhibao Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Zhibao Technology Class moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Zhibao Technology can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zhibao Technology Class. 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. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Insurance Brokers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Zhibao Technology. If investors know Zhibao will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Zhibao Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.27) | Revenue Per Share 12.565 | Quarterly Revenue Growth (0.08) | Return On Assets (0.13) | Return On Equity (2.75) |
The market value of Zhibao Technology Class is measured differently than its book value, which is the value of Zhibao that is recorded on the company's balance sheet. Investors also form their own opinion of Zhibao Technology's value that differs from its market value or its book value, called intrinsic value, which is Zhibao Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Zhibao Technology's market value can be influenced by many factors that don't directly affect Zhibao Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Zhibao Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zhibao Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zhibao Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.