SOCO Stock Based Compensation vs Investments Analysis
SOC Stock | 0.11 0.01 8.33% |
SOCO financial indicator trend analysis is much more than just breaking down SOCO prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SOCO is a good investment. Please check the relationship between SOCO Stock Based Compensation and its Investments accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SOCO Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Stock Based Compensation vs Investments
Stock Based Compensation vs Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SOCO Stock Based Compensation account and Investments. At this time, the significance of the direction appears to have almost identical trend.
The correlation between SOCO's Stock Based Compensation and Investments is 0.93. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Investments in the same time period over historical financial statements of SOCO Corporation, assuming nothing else is changed. The correlation between historical values of SOCO's Stock Based Compensation and Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Stock Based Compensation of SOCO Corporation are associated (or correlated) with its Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Investments has no effect on the direction of Stock Based Compensation i.e., SOCO's Stock Based Compensation and Investments go up and down completely randomly.
Correlation Coefficient | 0.93 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Stock Based Compensation
Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.Investments
Securities or assets acquired for generating income or appreciating in value, not used in daily operations.Most indicators from SOCO's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SOCO 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 World Market Map to better understand how to build diversified portfolios, which includes a position in SOCO Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. Tax Provision is likely to gain to about (214.7 K) in 2024. Selling General Administrative is likely to drop to about 3.5 M in 2024
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 139.6K | 300.7K | 712.4K | 748.0K | Interest Income | 8.8K | 41.1K | 65.7K | 69.0K |
SOCO fundamental ratios Correlations
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SOCO Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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Additional Tools for SOCO Stock Analysis
When running SOCO's price analysis, check to measure SOCO'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 SOCO is operating at the current time. Most of SOCO's value examination focuses on studying past and present price action to predict the probability of SOCO's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SOCO's price. Additionally, you may evaluate how the addition of SOCO to your portfolios can decrease your overall portfolio volatility.