MVSTW Stock | | | USD 0.08 0.01 11.38% |
Microvast Holdings financial indicator trend analysis is infinitely more than just investigating Microvast Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Microvast Holdings is a good investment. Please check the relationship between Microvast Holdings Long Term Investments and its Retained Earnings accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Microvast Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
For more information on how to buy Microvast Stock please use our
How to Invest in Microvast Holdings guide.
Long Term Investments vs Retained Earnings
Long Term Investments vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Microvast Holdings Long Term Investments account and
Retained Earnings. At this time, the significance of the direction appears to have pay attention.
The correlation between Microvast Holdings' Long Term Investments and Retained Earnings is -0.74. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Microvast Holdings, assuming nothing else is changed. The correlation between historical values of Microvast Holdings' Long Term Investments and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Microvast Holdings are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Long Term Investments i.e., Microvast Holdings' Long Term Investments and Retained Earnings go up and down completely randomly.
Correlation Coefficient | -0.74 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Long Term Investments
Long Term Investments is an item on the asset side of Microvast Holdings balance sheet that represents investments Microvast Holdings intends to hold for over a year. Microvast Holdings long term investments may include different instruments such as stocks, bonds, real estate and cash.
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from Microvast Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Microvast Holdings 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
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Microvast Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
For more information on how to buy Microvast Stock please use our
How to Invest in Microvast Holdings guide.
Tax Provision is likely to drop to about 28.2
K in 2024.
Selling General Administrative is likely to drop to about 74.3
M in 2024
Microvast Holdings fundamental ratios Correlations
Click cells to compare fundamentals
Microvast Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Microvast Holdings fundamental ratios Accounts
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Additional Tools for Microvast Stock Analysis
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predict the probability of Microvast Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Microvast Holdings' price. Additionally, you may evaluate how the addition of Microvast Holdings to your portfolios can decrease your overall portfolio volatility.