FREYR Common Stock vs Property Plant Equipment Analysis
FREY Stock | USD 2.45 0.08 3.16% |
FREYR Battery financial indicator trend analysis is much more than just examining FREYR Battery SA latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether FREYR Battery SA is a good investment. Please check the relationship between FREYR Battery Common Stock and its Property Plant Equipment accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FREYR Battery SA. 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.
Common Stock vs Property Plant Equipment
Common Stock vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FREYR Battery SA Common Stock account and Property Plant Equipment. At this time, the significance of the direction appears to have weak relationship.
The correlation between FREYR Battery's Common Stock and Property Plant Equipment is 0.32. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of FREYR Battery SA, assuming nothing else is changed. The correlation between historical values of FREYR Battery's Common Stock and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of FREYR Battery SA are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Common Stock i.e., FREYR Battery's Common Stock and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.32 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Common Stock
Property Plant Equipment
Most indicators from FREYR Battery's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into FREYR Battery SA 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 FREYR Battery SA. 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, FREYR Battery's Tax Provision is fairly stable compared to the past year. Issuance Of Capital Stock is likely to rise to about 303.2 M in 2024, whereas Selling General Administrative is likely to drop slightly above 62.5 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Reconciled Depreciation | 120K | 478K | 2.1M | 2.2M | Cost Of Revenue | 120K | 478K | 4.7M | 4.9M |
FREYR Battery fundamental ratios Correlations
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FREYR Battery Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running FREYR Battery's price analysis, check to measure FREYR Battery'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 FREYR Battery is operating at the current time. Most of FREYR Battery's value examination focuses on studying past and present price action to predict the probability of FREYR Battery's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FREYR Battery's price. Additionally, you may evaluate how the addition of FREYR Battery to your portfolios can decrease your overall portfolio volatility.