DUOT Stock | | | USD 4.58 0.31 6.34% |
Duos Technologies financial indicator trend analysis is much more than just examining Duos Technologies latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Duos Technologies is a good investment. Please check the relationship between Duos Technologies Interest Income and its Selling And Marketing Expenses accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Duos Technologies Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
Interest Income vs Selling And Marketing Expenses
Interest Income vs Selling And Marketing Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Duos Technologies Interest Income account and
Selling And Marketing Expenses. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Duos Technologies' Interest Income and Selling And Marketing Expenses is -0.65. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Selling And Marketing Expenses in the same time period over historical financial statements of Duos Technologies Group, assuming nothing else is changed. The correlation between historical values of Duos Technologies' Interest Income 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 Interest Income of Duos Technologies Group 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 Interest Income i.e., Duos Technologies' Interest Income and Selling And Marketing Expenses go up and down completely randomly.
Correlation Coefficient | -0.65 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Selling And Marketing Expenses
Most indicators from Duos Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Duos Technologies 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
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Duos Technologies Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
At this time, Duos Technologies'
Selling General Administrative is comparatively stable compared to the past year.
Sales General And Administrative To Revenue is likely to gain to 1.28 in 2024, whereas
Enterprise Value Multiple is likely to drop
(2.38) in 2024.
Duos Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Duos Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Duos Technologies fundamental ratios Accounts
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