ST Stock | | | USD 30.87 0.15 0.49% |
Sensata Technologies financial indicator trend analysis is much more than just breaking down Sensata Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sensata Technologies is a good investment. Please check the relationship between Sensata Technologies Capital Surpluse and its Property Plant Equipment accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Sensata Technologies Holding. 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.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Sensata Technologies Capital Surpluse account and
Property Plant Equipment. At this time, the significance of the direction appears to have strong relationship.
The correlation between Sensata Technologies' Capital Surpluse and Property Plant Equipment is 0.74. Overlapping area represents the amount of variation of Capital Surpluse that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Sensata Technologies Holding, assuming nothing else is changed. The correlation between historical values of Sensata Technologies' Capital Surpluse and Property Plant Equipment 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 Surpluse of Sensata Technologies Holding are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Capital Surpluse i.e., Sensata Technologies' Capital Surpluse and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.74 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Most indicators from Sensata Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sensata Technologies 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 Sensata Technologies Holding. 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.
At this time, Sensata Technologies'
Tax Provision is comparatively stable compared to the past year.
Sales General And Administrative To Revenue is likely to gain to 0.10 in 2024, whereas
Selling General Administrative is likely to drop slightly above 277.8
M in 2024.
When running Sensata Technologies' price analysis, check to
measure Sensata Technologies' 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 Sensata Technologies is operating at the current time. Most of Sensata Technologies' value examination focuses on studying past and present price action to
predict the probability of Sensata Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sensata Technologies' price. Additionally, you may evaluate how the addition of Sensata Technologies to your portfolios can decrease your overall portfolio volatility.