FTC Stock | | | 0.01 0.00 0.00% |
TTG Fintech financial indicator trend analysis is much more than just breaking down TTG Fintech prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TTG Fintech is a good investment. Please check the relationship between TTG Fintech Total Stockholder Equity and its Common Stock Total Equity accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in TTG Fintech. 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.
Total Stockholder Equity vs Common Stock Total Equity
Total Stockholder Equity vs Common Stock Total Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
TTG Fintech Total Stockholder Equity account and
Common Stock Total Equity. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between TTG Fintech's Total Stockholder Equity and Common Stock Total Equity is -0.49. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of TTG Fintech, assuming nothing else is changed. The correlation between historical values of TTG Fintech's Total Stockholder Equity and Common Stock Total Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of TTG Fintech are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Total Stockholder Equity i.e., TTG Fintech's Total Stockholder Equity and Common Stock Total Equity go up and down completely randomly.
Correlation Coefficient | -0.49 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Most indicators from TTG Fintech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TTG Fintech 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 TTG Fintech. 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.
Selling General Administrative is likely to drop to about 2.7
M in 2024
TTG Fintech fundamental ratios Correlations
Click cells to compare fundamentals
TTG Fintech Account Relationship Matchups
High Positive Relationship
High Negative Relationship
TTG Fintech fundamental ratios Accounts
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Additional Tools for TTG Stock Analysis
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measure TTG Fintech'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 TTG Fintech is operating at the current time. Most of TTG Fintech's value examination focuses on studying past and present price action to
predict the probability of TTG Fintech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TTG Fintech's price. Additionally, you may evaluate how the addition of TTG Fintech to your portfolios can decrease your overall portfolio volatility.