Humacyte Roic vs Book Value Per Share Analysis

HUMAW Stock  USD 1.69  0.11  6.96%   
Humacyte financial indicator trend analysis is much more than just examining Humacyte latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Humacyte is a good investment. Please check the relationship between Humacyte Roic and its Book Value Per Share accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Humacyte. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Humacyte Stock please use our How to Invest in Humacyte guide.

Roic vs Book Value Per Share

Roic vs Book Value Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Humacyte Roic account and Book Value Per Share. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Humacyte's Roic and Book Value Per Share is -0.18. Overlapping area represents the amount of variation of Roic that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of Humacyte, assuming nothing else is changed. The correlation between historical values of Humacyte's Roic and Book Value Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Roic of Humacyte are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Roic i.e., Humacyte's Roic and Book Value Per Share go up and down completely randomly.

Correlation Coefficient

-0.18
Relationship DirectionNegative 
Relationship StrengthInsignificant

Roic

Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.
Most indicators from Humacyte's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Humacyte 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Humacyte. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Humacyte Stock please use our How to Invest in Humacyte guide.Enterprise Value is likely to climb to about 284.9 M in 2024, whereas Selling General Administrative is likely to drop slightly above 21.1 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense4.3M6.2M1.1M1.1M
Depreciation And Amortization8.3M8.3M7.7M8.7M

Humacyte fundamental ratios Correlations

0.320.290.010.49-0.22-0.87-0.11-0.450.98-0.220.020.98-0.130.15-0.23-0.040.490.47-0.230.970.750.00.00.340.0
0.32-0.290.83-0.17-0.96-0.1-0.90.260.51-0.960.860.52-0.890.90.25-0.830.910.980.270.530.56-0.59-0.590.99-0.59
0.29-0.29-0.170.950.37-0.310.360.150.20.37-0.240.180.62-0.11-0.980.13-0.33-0.22-0.990.17-0.140.080.08-0.230.08
0.010.83-0.17-0.14-0.880.16-0.790.240.21-0.880.780.21-0.790.980.1-0.980.80.810.130.220.41-0.55-0.550.78-0.55
0.49-0.170.95-0.140.31-0.560.370.050.410.31-0.280.40.55-0.03-0.960.13-0.16-0.07-0.960.390.120.220.22-0.110.22
-0.22-0.960.37-0.880.31-0.080.96-0.2-0.41.0-0.91-0.410.95-0.89-0.360.9-0.9-0.93-0.37-0.42-0.480.710.71-0.940.71
-0.87-0.1-0.310.16-0.56-0.08-0.260.51-0.84-0.080.34-0.84-0.130.010.3-0.22-0.3-0.280.3-0.83-0.76-0.46-0.46-0.1-0.46
-0.11-0.90.36-0.790.370.96-0.26-0.34-0.270.96-0.98-0.280.91-0.79-0.370.85-0.76-0.82-0.39-0.29-0.250.860.86-0.890.86
-0.450.260.150.240.05-0.20.51-0.34-0.38-0.20.5-0.38-0.050.29-0.23-0.26-0.160.1-0.22-0.37-0.54-0.44-0.440.35-0.44
0.980.510.20.210.41-0.4-0.84-0.27-0.38-0.40.181.0-0.310.34-0.16-0.220.660.65-0.151.00.83-0.08-0.080.52-0.08
-0.22-0.960.37-0.880.311.0-0.080.96-0.2-0.4-0.91-0.410.95-0.89-0.360.9-0.9-0.93-0.37-0.42-0.480.710.71-0.940.71
0.020.86-0.240.78-0.28-0.910.34-0.980.50.18-0.910.19-0.820.790.24-0.850.660.760.250.20.11-0.9-0.90.87-0.9
0.980.520.180.210.4-0.41-0.84-0.28-0.381.0-0.410.19-0.320.34-0.14-0.220.660.65-0.131.00.83-0.09-0.090.52-0.09
-0.13-0.890.62-0.790.550.95-0.130.91-0.05-0.310.95-0.82-0.32-0.78-0.610.8-0.88-0.85-0.62-0.33-0.490.610.61-0.840.61
0.150.9-0.110.98-0.03-0.890.01-0.790.290.34-0.890.790.34-0.780.04-0.950.840.890.060.350.5-0.51-0.510.87-0.51
-0.230.25-0.980.1-0.96-0.360.3-0.37-0.23-0.16-0.360.24-0.14-0.610.04-0.090.310.191.0-0.130.12-0.14-0.140.19-0.14
-0.04-0.830.13-0.980.130.9-0.220.85-0.26-0.220.9-0.85-0.220.8-0.95-0.09-0.78-0.79-0.11-0.23-0.340.690.69-0.790.69
0.490.91-0.330.8-0.16-0.9-0.3-0.76-0.160.66-0.90.660.66-0.880.840.31-0.780.960.320.670.81-0.4-0.40.85-0.4
0.470.98-0.220.81-0.07-0.93-0.28-0.820.10.65-0.930.760.65-0.850.890.19-0.790.960.210.660.71-0.48-0.480.96-0.48
-0.230.27-0.990.13-0.96-0.370.3-0.39-0.22-0.15-0.370.25-0.13-0.620.061.0-0.110.320.21-0.120.14-0.14-0.140.21-0.14
0.970.530.170.220.39-0.42-0.83-0.29-0.371.0-0.420.21.0-0.330.35-0.13-0.230.670.66-0.120.84-0.09-0.090.53-0.09
0.750.56-0.140.410.12-0.48-0.76-0.25-0.540.83-0.480.110.83-0.490.50.12-0.340.810.710.140.840.140.140.50.14
0.0-0.590.08-0.550.220.71-0.460.86-0.44-0.080.71-0.9-0.090.61-0.51-0.140.69-0.4-0.48-0.14-0.090.141.0-0.621.0
0.0-0.590.08-0.550.220.71-0.460.86-0.44-0.080.71-0.9-0.090.61-0.51-0.140.69-0.4-0.48-0.14-0.090.141.0-0.621.0
0.340.99-0.230.78-0.11-0.94-0.1-0.890.350.52-0.940.870.52-0.840.870.19-0.790.850.960.210.530.5-0.62-0.62-0.62
0.0-0.590.08-0.550.220.71-0.460.86-0.44-0.080.71-0.9-0.090.61-0.51-0.140.69-0.4-0.48-0.14-0.090.141.01.0-0.62
Click cells to compare fundamentals

Humacyte Account Relationship Matchups

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Humacyte Stock Analysis

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