IMOS Stock | | | USD 19.92 0.34 1.74% |
ChipMOS Technologies financial indicator trend analysis is way more than just evaluating ChipMOS Technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ChipMOS Technologies is a good investment. Please check the relationship between ChipMOS Technologies Common Stock and its Property Plant Equipment accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ChipMOS 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 persons.
For more information on how to buy ChipMOS Stock please use our
How to Invest in ChipMOS Technologies guide.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
ChipMOS Technologies Common Stock account and
Property Plant Equipment. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between ChipMOS Technologies' Common Stock and Property Plant Equipment is -0.64. 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 ChipMOS Technologies, assuming nothing else is changed. The correlation between historical values of ChipMOS Technologies' 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 ChipMOS Technologies 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., ChipMOS Technologies' Common Stock and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | -0.64 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Most indicators from ChipMOS Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ChipMOS 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
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ChipMOS 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 persons.
For more information on how to buy ChipMOS Stock please use our
How to Invest in ChipMOS Technologies guide.At this time, ChipMOS Technologies'
Sales General And Administrative To Revenue is comparatively stable compared to the past year.
Enterprise Value Over EBITDA is likely to gain to 5.08 in 2024, whereas
Selling General Administrative is likely to drop slightly above 468
M in 2024.
When running ChipMOS Technologies' price analysis, check to
measure ChipMOS 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 ChipMOS Technologies is operating at the current time. Most of ChipMOS Technologies' value examination focuses on studying past and present price action to
predict the probability of ChipMOS Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ChipMOS Technologies' price. Additionally, you may evaluate how the addition of ChipMOS Technologies to your portfolios can decrease your overall portfolio volatility.