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 Research Development and its Total 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.
Research Development vs Total Revenue
Research Development vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
ZW Data Action Research Development account and
Total Revenue. At this time, the significance of the direction appears to have no relationship.
The correlation between ZW Data's Research Development and Total Revenue is 0.01. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Total 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 Research Development and Total 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 Research Development of ZW Data Action are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Research Development i.e., ZW Data's Research Development and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.01 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Research Development
Total Revenue
Total revenue comprises all receipts ZW Data Action generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
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.
| 2020 | 2021 | 2023 | 2024 (projected) |
Cost Of Revenue | 37.8M | 47.2M | 31.0M | 35.1M | Research Development | 539K | 326K | 17K | 16.2K |
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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