SOS Stock | | | USD 7.79 0.53 6.37% |
SOS financial indicator trend analysis is much more than just breaking down SOS Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SOS Limited is a good investment. Please check the relationship between SOS Discontinued Operations and its Total Revenue accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in SOS Limited. 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.
Discontinued Operations vs Total Revenue
Discontinued Operations vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
SOS Limited Discontinued Operations account and
Total Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between SOS's Discontinued Operations and Total Revenue is 0.7. Overlapping area represents the amount of variation of Discontinued Operations that can explain the historical movement of Total Revenue in the same time period over historical financial statements of SOS Limited, assuming nothing else is changed. The correlation between historical values of SOS's Discontinued Operations and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Discontinued Operations of SOS Limited are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Discontinued Operations i.e., SOS's Discontinued Operations and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.7 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Discontinued Operations
Total Revenue
Total revenue comprises all receipts SOS Limited generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from SOS's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SOS Limited 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 SOS Limited. 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.
At this time, SOS's
Tax Provision is comparatively stable compared to the past year. Discontinued Operations is likely to gain to about 4.1
M in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 17
M in 2024.
SOS fundamental ratios Correlations
Click cells to compare fundamentals
SOS Account Relationship Matchups
High Positive Relationship
High Negative Relationship
SOS fundamental ratios Accounts
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.
Additional Tools for SOS Stock Analysis
When running SOS's price analysis, check to
measure SOS'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 SOS is operating at the current time. Most of SOS's value examination focuses on studying past and present price action to
predict the probability of SOS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SOS's price. Additionally, you may evaluate how the addition of SOS to your portfolios can decrease your overall portfolio volatility.