EGT Stock | | | CAD 0.01 0.00 0.00% |
Eguana Technologies financial indicator trend analysis is much more than just examining Eguana Technologies latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eguana Technologies is a good investment. Please check the relationship between Eguana Technologies Depreciation And Amortization and its Selling And Marketing Expenses accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eguana Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Depreciation And Amortization vs Selling And Marketing Expenses
Depreciation And Amortization vs Selling And Marketing Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Eguana Technologies Depreciation And Amortization account and
Selling And Marketing Expenses. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Eguana Technologies' Depreciation And Amortization and Selling And Marketing Expenses is -0.13. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Selling And Marketing Expenses in the same time period over historical financial statements of Eguana Technologies, assuming nothing else is changed. The correlation between historical values of Eguana Technologies' Depreciation And Amortization 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 Depreciation And Amortization of Eguana Technologies 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 Depreciation And Amortization i.e., Eguana Technologies' Depreciation And Amortization and Selling And Marketing Expenses go up and down completely randomly.
Correlation Coefficient | -0.13 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Selling And Marketing Expenses
Most indicators from Eguana Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eguana 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 Eguana Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
At this time, Eguana Technologies'
Selling General Administrative is fairly stable compared to the past year.
Tax Provision is likely to climb to about 37.7
K in 2024, whereas
Enterprise Value Over EBITDA is likely to drop
(10.01) in 2024.
Eguana Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Eguana Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Eguana Technologies fundamental ratios Accounts
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for Eguana Stock Analysis
When running Eguana Technologies' price analysis, check to
measure Eguana Technologies' 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 Eguana Technologies is operating at the current time. Most of Eguana Technologies' value examination focuses on studying past and present price action to
predict the probability of Eguana Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eguana Technologies' price. Additionally, you may evaluate how the addition of Eguana Technologies to your portfolios can decrease your overall portfolio volatility.