Phoenix Capital Stock vs Good Will Analysis

PEV Stock  USD 0.33  0.01  3.13%   
Phoenix financial indicator trend analysis is much more than just breaking down Phoenix Motor Common prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Phoenix Motor Common is a good investment. Please check the relationship between Phoenix Capital Stock and its Good Will accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Phoenix Motor Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Capital Stock vs Good Will

Capital Stock vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Phoenix Motor Common Capital Stock account and Good Will. At this time, the significance of the direction appears to have pay attention.
The correlation between Phoenix's Capital Stock and Good Will is -0.81. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Good Will in the same time period over historical financial statements of Phoenix Motor Common, assuming nothing else is changed. The correlation between historical values of Phoenix's Capital Stock and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of Phoenix Motor Common are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Capital Stock i.e., Phoenix's Capital Stock and Good Will go up and down completely randomly.

Correlation Coefficient

-0.81
Relationship DirectionNegative 
Relationship StrengthSignificant

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from Phoenix's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Phoenix Motor Common 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Phoenix Motor Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
At this time, Phoenix's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 57.4 M in 2024, whereas Tax Provision is likely to drop slightly above 15.4 K in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense3K7K606K636.3K
Depreciation And Amortization1.7M2.3M2.0M1.7M

Phoenix fundamental ratios Correlations

-0.230.010.010.97-0.070.910.090.06-0.740.930.160.850.85-0.410.85-0.44-0.84-0.340.15-0.85-0.870.910.110.85-0.56
-0.230.820.75-0.27-0.830.06-0.35-0.790.74-0.340.65-0.50.090.88-0.5-0.46-0.110.110.890.290.05-0.350.890.09-0.46
0.010.820.750.01-0.490.210.06-0.680.6-0.070.66-0.40.330.83-0.4-0.39-0.260.240.720.15-0.09-0.250.710.22-0.6
0.010.750.750.02-0.640.36-0.55-0.940.370.020.96-0.130.150.49-0.13-0.8-0.35-0.420.84-0.05-0.12-0.070.850.4-0.64
0.97-0.270.010.02-0.020.920.080.0-0.710.990.210.790.88-0.460.79-0.47-0.89-0.350.11-0.92-0.920.830.080.89-0.63
-0.07-0.83-0.49-0.64-0.02-0.380.650.78-0.380.01-0.650.12-0.3-0.50.120.70.410.24-0.940.130.310.0-0.94-0.420.6
0.910.060.210.360.92-0.38-0.24-0.34-0.540.90.520.720.87-0.260.72-0.76-0.96-0.530.48-0.89-0.920.790.450.98-0.8
0.09-0.350.06-0.550.080.65-0.240.67-0.040.0-0.61-0.110.130.1-0.110.730.220.78-0.560.210.12-0.05-0.59-0.310.29
0.06-0.79-0.68-0.940.00.78-0.340.67-0.47-0.02-0.950.24-0.19-0.470.240.830.410.39-0.880.130.210.19-0.9-0.430.72
-0.740.740.60.37-0.71-0.38-0.54-0.04-0.47-0.730.24-0.95-0.330.87-0.950.10.40.520.390.680.49-0.880.42-0.46-0.03
0.93-0.34-0.070.020.990.010.90.0-0.02-0.730.230.790.84-0.550.79-0.5-0.89-0.440.08-0.96-0.920.80.050.89-0.63
0.160.650.660.960.21-0.650.52-0.61-0.950.240.23-0.010.30.32-0.01-0.9-0.55-0.530.83-0.29-0.330.030.840.58-0.78
0.85-0.5-0.4-0.130.790.120.72-0.110.24-0.950.79-0.010.46-0.721.0-0.34-0.56-0.61-0.09-0.74-0.610.98-0.130.64-0.18
0.850.090.330.150.88-0.30.870.13-0.19-0.330.840.30.46-0.050.46-0.48-0.92-0.060.38-0.79-0.940.580.350.87-0.81
-0.410.880.830.49-0.46-0.5-0.260.1-0.470.87-0.550.32-0.72-0.05-0.72-0.010.20.540.580.590.31-0.560.58-0.25-0.18
0.85-0.5-0.4-0.130.790.120.72-0.110.24-0.950.79-0.011.00.46-0.72-0.34-0.56-0.61-0.09-0.74-0.610.98-0.130.64-0.18
-0.44-0.46-0.39-0.8-0.470.7-0.760.730.830.1-0.5-0.9-0.34-0.48-0.01-0.340.750.73-0.790.590.6-0.37-0.8-0.810.82
-0.84-0.11-0.26-0.35-0.890.41-0.960.220.410.4-0.89-0.55-0.56-0.920.2-0.560.750.43-0.490.910.97-0.62-0.47-0.990.9
-0.340.110.24-0.42-0.350.24-0.530.780.390.52-0.44-0.53-0.61-0.060.54-0.610.730.43-0.270.550.34-0.52-0.27-0.540.3
0.150.890.720.840.11-0.940.48-0.56-0.880.390.080.83-0.090.380.58-0.09-0.79-0.49-0.27-0.15-0.330.041.00.51-0.73
-0.850.290.15-0.05-0.920.13-0.890.210.130.68-0.96-0.29-0.74-0.790.59-0.740.590.910.55-0.150.94-0.73-0.13-0.910.66
-0.870.05-0.09-0.12-0.920.31-0.920.120.210.49-0.92-0.33-0.61-0.940.31-0.610.60.970.34-0.330.94-0.67-0.31-0.940.79
0.91-0.35-0.25-0.070.830.00.79-0.050.19-0.880.80.030.980.58-0.560.98-0.37-0.62-0.520.04-0.73-0.67-0.010.69-0.27
0.110.890.710.850.08-0.940.45-0.59-0.90.420.050.84-0.130.350.58-0.13-0.8-0.47-0.271.0-0.13-0.31-0.010.49-0.72
0.850.090.220.40.89-0.420.98-0.31-0.43-0.460.890.580.640.87-0.250.64-0.81-0.99-0.540.51-0.91-0.940.690.49-0.87
-0.56-0.46-0.6-0.64-0.630.6-0.80.290.72-0.03-0.63-0.78-0.18-0.81-0.18-0.180.820.90.3-0.730.660.79-0.27-0.72-0.87
Click cells to compare fundamentals

Phoenix Account Relationship Matchups

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Phoenix Stock Analysis

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