MVSTW Stock | | | USD 0.07 0.01 13.74% |
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 Net Receivables and its Net Invested Capital 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.
Net Receivables vs Net Invested Capital
Net Receivables vs Net Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Microvast Holdings Net Receivables account and
Net Invested Capital. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Microvast Holdings' Net Receivables and Net Invested Capital is 0.85. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Net Invested Capital 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' Net Receivables and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Microvast Holdings are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Net Receivables i.e., Microvast Holdings' Net Receivables and Net Invested Capital go up and down completely randomly.
Correlation Coefficient | 0.85 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Net Receivables
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
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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measure Microvast Holdings' 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 Microvast Holdings is operating at the current time. Most of Microvast Holdings' value examination focuses on studying past and present price action to
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.