| TAOP Stock | | | USD 0.32 0.02 6.67% |
Taoping financial indicator trend analysis is much more than just breaking down Taoping prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Taoping is a good investment. Please check the relationship between Taoping Total Assets and its Total Revenue accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Taoping. 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.
To learn how to invest in Taoping Stock, please use our
How to Invest in Taoping guide.
Total Assets vs Total Revenue
Total Assets vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Taoping Total Assets account and
Total Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Taoping's Total Assets and Total Revenue is 0.94. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Taoping, assuming nothing else is changed. The correlation between historical values of Taoping's Total Assets 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 Total Assets of Taoping 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 Total Assets i.e., Taoping's Total Assets and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.94 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Total Assets
Total assets refers to the total amount of Taoping assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Taoping books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Total Revenue
Total revenue comprises all receipts Taoping 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 Taoping's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Taoping 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 Taoping. 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.
To learn how to invest in Taoping Stock, please use our
How to Invest in Taoping guide.At this time, Taoping's
Tax Provision is relatively stable compared to the past year. As of 02/16/2025,
Discontinued Operations is likely to grow to about 1.8
M, while
Selling General Administrative is likely to drop slightly above 4.8
M.
Taoping fundamental ratios Correlations
Click cells to compare fundamentals
Taoping Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Taoping fundamental ratios Accounts
Additional Tools for Taoping Stock Analysis
When running Taoping's price analysis, check to
measure Taoping'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 Taoping is operating at the current time. Most of Taoping's value examination focuses on studying past and present price action to
predict the probability of Taoping's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Taoping's price. Additionally, you may evaluate how the addition of Taoping to your portfolios can decrease your overall portfolio volatility.