ST Stock | | | USD 31.63 0.76 2.46% |
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 Cash and its Common Stock Shares Outstanding 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.
Cash vs Common Stock Shares Outstanding
Cash vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Sensata Technologies Cash account and
Common Stock Shares Outstanding. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Sensata Technologies' Cash and Common Stock Shares Outstanding is -0.34. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Common Stock Shares Outstanding 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' Cash and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Sensata Technologies Holding are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Cash i.e., Sensata Technologies' Cash and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | -0.34 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Cash
Cash refers to the most liquid asset of Sensata Technologies, which is listed under current asset account on Sensata Technologies Holding balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Sensata Technologies customers. The amounts must be unrestricted with restricted cash listed in a different Sensata Technologies account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
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.
Sensata Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Sensata Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sensata Technologies fundamental ratios Accounts
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Additional Tools for Sensata Stock Analysis
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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.