002063 Stock | | | 6.27 0.17 2.64% |
YGSOFT financial indicator trend analysis is more than just analyzing YGSOFT Inc current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether YGSOFT Inc is a good investment. Please check the relationship between YGSOFT Ebitda and its Total Operating Expenses accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in YGSOFT Inc. 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.
Ebitda vs Total Operating Expenses
Ebitda vs Total Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
YGSOFT Inc Ebitda account and
Total Operating Expenses. At this time, the significance of the direction appears to have almost identical trend.
The correlation between YGSOFT's Ebitda and Total Operating Expenses is 0.98. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of YGSOFT Inc, assuming nothing else is changed. The correlation between historical values of YGSOFT's Ebitda and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebitda of YGSOFT Inc are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Ebitda i.e., YGSOFT's Ebitda and Total Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.98 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Ebitda
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most indicators from YGSOFT's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into YGSOFT Inc 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in YGSOFT Inc. 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.
The current year's
Tax Provision is expected to grow to about 11.8
M, whereas
Selling General Administrative is forecasted to decline to about 110.6
M.
YGSOFT fundamental ratios Correlations
Click cells to compare fundamentals
YGSOFT Account Relationship Matchups
High Positive Relationship
High Negative Relationship
YGSOFT fundamental ratios Accounts
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Other Information on Investing in YGSOFT Stock
Balance Sheet is a snapshot of the
financial position of YGSOFT Inc at a specified time, usually calculated after every quarter, six months, or one year. YGSOFT Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of YGSOFT and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which YGSOFT currently owns. An asset can also be divided into two categories, current and non-current.