ST Stock | | | USD 33.58 1.69 5.30% |
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 Short Term Debt and its Property Plant And Equipment Net 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.
Short Term Debt vs Property Plant And Equipment Net
Short Term Debt vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Sensata Technologies Short Term Debt account and
Property Plant And Equipment Net. At this time, the significance of the direction appears to have very week relationship.
The correlation between Sensata Technologies' Short Term Debt and Property Plant And Equipment Net is 0.27. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Property Plant And Equipment Net 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' Short Term Debt and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Sensata Technologies Holding are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Short Term Debt i.e., Sensata Technologies' Short Term Debt and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | 0.27 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Short Term Debt
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
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
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 Sensata Stock Analysis
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.