EVgo Other Cashflows From Financing Activities vs Investments Analysis

EVGOW Stock  USD 1.11  0.02  1.83%   
EVgo Equity financial indicator trend analysis is much more than just examining EVgo Equity Warrants latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether EVgo Equity Warrants is a good investment. Please check the relationship between EVgo Equity Other Cashflows From Financing Activities and its Investments accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EVgo Equity Warrants. 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.

Other Cashflows From Financing Activities vs Investments

Other Cashflows From Financing Activities vs Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of EVgo Equity Warrants Other Cashflows From Financing Activities account and Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between EVgo Equity's Other Cashflows From Financing Activities and Investments is -0.34. Overlapping area represents the amount of variation of Other Cashflows From Financing Activities that can explain the historical movement of Investments in the same time period over historical financial statements of EVgo Equity Warrants, assuming nothing else is changed. The correlation between historical values of EVgo Equity's Other Cashflows From Financing Activities and Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Cashflows From Financing Activities of EVgo Equity Warrants are associated (or correlated) with its Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Investments has no effect on the direction of Other Cashflows From Financing Activities i.e., EVgo Equity's Other Cashflows From Financing Activities and Investments go up and down completely randomly.

Correlation Coefficient

-0.34
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Cashflows From Financing Activities

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.
Most indicators from EVgo Equity's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into EVgo Equity Warrants 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 EVgo Equity Warrants. 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, EVgo Equity's Issuance Of Capital Stock is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 1.49 in 2024, whereas Selling General Administrative is likely to drop slightly above 87.1 M in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses83.0M143.9M163.1M100.4M
Cost Of Revenue29.0M60.2M151.2M158.8M

EVgo Equity fundamental ratios Correlations

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0.970.950.94-0.480.960.93-0.66-0.450.960.770.990.840.770.880.340.970.920.98-0.57-0.380.890.810.430.720.32
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0.930.90.7-0.90.660.78-0.97-0.880.631.00.750.991.00.660.260.830.970.79-0.690.81-0.840.620.320.990.43
0.390.220.12-0.160.530.28-0.27-0.140.430.290.410.320.290.510.990.610.450.250.410.43-0.140.520.320.34-0.58
0.870.830.59-0.940.560.69-0.99-0.930.520.990.650.970.990.580.290.770.930.69-0.640.72-0.90.520.990.340.38
0.380.480.52-0.410.110.26-0.39-0.420.160.430.290.390.430.23-0.690.160.320.51-0.840.32-0.360.140.43-0.580.38
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EVgo Equity Account Relationship Matchups

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When running EVgo Equity's price analysis, check to measure EVgo Equity'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 EVgo Equity is operating at the current time. Most of EVgo Equity's value examination focuses on studying past and present price action to predict the probability of EVgo Equity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EVgo Equity's price. Additionally, you may evaluate how the addition of EVgo Equity to your portfolios can decrease your overall portfolio volatility.