Tigo Capex Per Share from 2010 to 2024

TYGO Stock   0.92  0.07  8.24%   
Tigo Energy Capex Per Share yearly trend continues to be very stable with very little volatility. Capex Per Share is likely to grow to 0.07 this year. During the period from 2010 to 2024, Tigo Energy Capex Per Share quarterly data regression pattern had sample variance of  0 and median of  0.02. View All Fundamentals
 
Capex Per Share  
First Reported
2010-12-31
Previous Quarter
0.06738765
Current Value
0.0679
Quarterly Volatility
0.056006
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Tigo Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tigo Energy's main balance sheet or income statement drivers, such as Other Operating Expenses of 161.2 M, Ebitda of 8.8 M or Total Operating Expenses of 62.6 M, as well as many indicators such as Price To Sales Ratio of 0.52, Dividend Yield of 0.0 or PTB Ratio of 1.2. Tigo financial statements analysis is a perfect complement when working with Tigo Energy Valuation or Volatility modules.
  
Check out the analysis of Tigo Energy Correlation against competitors.
To learn how to invest in Tigo Stock, please use our How to Invest in Tigo Energy guide.

Latest Tigo Energy's Capex Per Share Growth Pattern

Below is the plot of the Capex Per Share of Tigo Energy over the last few years. It is Tigo Energy's Capex Per Share historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Tigo Energy's overall financial position and show how it may be relating to other accounts over time.
Capex Per Share10 Years Trend
Slightly volatile
   Capex Per Share   
       Timeline  

Tigo Capex Per Share Regression Statistics

Arithmetic Mean0.04
Geometric Mean0.03
Coefficient Of Variation142.00
Mean Deviation0.03
Median0.02
Standard Deviation0.06
Sample Variance0
Range0.2138
R-Value0.49
Mean Square Error0
R-Squared0.24
Significance0.06
Slope0.01
Total Sum of Squares0.04

Tigo Capex Per Share History

2024 0.0679
2023 0.0674
2022 0.23
2021 0.0218

About Tigo Energy Financial Statements

Tigo Energy investors utilize fundamental indicators, such as Capex Per Share, to predict how Tigo Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Capex Per Share 0.07  0.07 

Pair Trading with Tigo Energy

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 Tigo Energy 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 Tigo Energy will appreciate offsetting losses from the drop in the long position's value.

Moving against Tigo Stock

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The ability to find closely correlated positions to Tigo Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tigo Energy 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 Tigo Energy - 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 Tigo Energy to buy it.
The correlation of Tigo Energy 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 Tigo Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tigo Energy 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 Tigo Energy 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.
Pair CorrelationCorrelation Matching
When determining whether Tigo Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tigo Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tigo Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tigo Energy Stock:
Check out the analysis of Tigo Energy Correlation against competitors.
To learn how to invest in Tigo Stock, please use our How to Invest in Tigo Energy guide.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Semiconductors & Semiconductor Equipment 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 Tigo Energy. If investors know Tigo 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 Tigo Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.87)
Revenue Per Share
0.768
Quarterly Revenue Growth
(0.17)
Return On Assets
(0.21)
Return On Equity
(0.93)
The market value of Tigo Energy is measured differently than its book value, which is the value of Tigo that is recorded on the company's balance sheet. Investors also form their own opinion of Tigo Energy's value that differs from its market value or its book value, called intrinsic value, which is Tigo Energy'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 Tigo Energy's market value can be influenced by many factors that don't directly affect Tigo Energy'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 Tigo Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tigo Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tigo Energy'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.