CNET Stock | | | USD 1.60 0.07 4.19% |
ZW Data financial indicator trend analysis is more than just analyzing ZW Data Action current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ZW Data Action is a good investment. Please check the relationship between ZW Data Pocfratio and its Capex To Revenue accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in ZW Data Action. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
Pocfratio vs Capex To Revenue
Pocfratio vs Capex To Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
ZW Data Action Pocfratio account and
Capex To Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between ZW Data's Pocfratio and Capex To Revenue is 0.94. Overlapping area represents the amount of variation of Pocfratio that can explain the historical movement of Capex To Revenue in the same time period over historical financial statements of ZW Data Action, assuming nothing else is changed. The correlation between historical values of ZW Data's Pocfratio 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 Pocfratio of ZW Data Action 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 Pocfratio i.e., ZW Data's Pocfratio and Capex To Revenue go up and down completely randomly.
Correlation Coefficient | 0.94 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Pocfratio
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 ZW Data's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ZW Data Action 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 ZW Data Action. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
At this time, ZW Data's
Selling General Administrative is comparatively stable compared to the past year.
Sales General And Administrative To Revenue is likely to gain to 0.14 in 2024, whereas
Tax Provision is likely to drop (1.1
K) in 2024.
ZW Data fundamental ratios Correlations
Click cells to compare fundamentals
ZW Data Account Relationship Matchups
High Positive Relationship
High Negative Relationship
ZW Data fundamental ratios Accounts
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