| CBAT Stock | | | USD 0.89 0.02 2.30% |
CBAK Energy financial indicator trend analysis is way more than just evaluating CBAK Energy Technology prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CBAK Energy Technology is a good investment. Please check the relationship between CBAK Energy Total Operating Expenses and its Selling And Marketing Expenses accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in CBAK Energy Technology. 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.
Total Operating Expenses vs Selling And Marketing Expenses
Total Operating Expenses vs Selling And Marketing Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
CBAK Energy Technology Total Operating Expenses account and
Selling And Marketing Expenses. At this time, the significance of the direction appears to have strong relationship.
The correlation between CBAK Energy's Total Operating Expenses and Selling And Marketing Expenses is 0.71. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Selling And Marketing Expenses in the same time period over historical financial statements of CBAK Energy Technology, assuming nothing else is changed. The correlation between historical values of CBAK Energy's Total Operating Expenses and Selling And Marketing 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 Total Operating Expenses of CBAK Energy Technology are associated (or correlated) with its Selling And Marketing Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling And Marketing Expenses has no effect on the direction of Total Operating Expenses i.e., CBAK Energy's Total Operating Expenses and Selling And Marketing Expenses go up and down completely randomly.
Correlation Coefficient | 0.71 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
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.
Selling And Marketing Expenses
Most indicators from CBAK Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CBAK Energy Technology 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 CBAK Energy Technology. 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, CBAK Energy's
Sales General And Administrative To Revenue is comparatively stable compared to the past year.
Enterprise Value Over EBITDA is likely to gain to 7.30 in 2024, despite the fact that
Tax Provision is likely to grow to (2.2
M).
CBAK Energy fundamental ratios Correlations
Click cells to compare fundamentals
CBAK Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
CBAK Energy fundamental ratios Accounts
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Additional Tools for CBAK Stock Analysis
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measure CBAK Energy'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 CBAK Energy is operating at the current time. Most of CBAK Energy's value examination focuses on studying past and present price action to
predict the probability of CBAK Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CBAK Energy's price. Additionally, you may evaluate how the addition of CBAK Energy to your portfolios can decrease your overall portfolio volatility.