TATT Stock | | | USD 22.01 0.35 1.57% |
Tat Techno financial indicator trend analysis is much more than just breaking down Tat Techno prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tat Techno is a good investment. Please check the relationship between Tat Techno Cost Of Revenue and its Ebit Per Revenue accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Tat Techno. 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.
For more information on how to buy Tat Stock please use our
How to Invest in Tat Techno guide.
Cost Of Revenue vs Ebit Per Revenue
Cost Of Revenue vs Ebit Per Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Tat Techno Cost Of Revenue account and
Ebit Per Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Tat Techno's Cost Of Revenue and Ebit Per Revenue is -0.45. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Ebit Per Revenue in the same time period over historical financial statements of Tat Techno, assuming nothing else is changed. The correlation between historical values of Tat Techno's Cost Of Revenue and Ebit Per 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 Cost Of Revenue of Tat Techno are associated (or correlated) with its Ebit Per Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit Per Revenue has no effect on the direction of Cost Of Revenue i.e., Tat Techno's Cost Of Revenue and Ebit Per Revenue go up and down completely randomly.
Correlation Coefficient | -0.45 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Cost Of Revenue
Cost of Revenue is found on Tat Techno income statement and represents the costs associated with goods and services Tat Techno provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Ebit Per Revenue
Most indicators from Tat Techno's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tat Techno 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 Tat Techno. 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.
For more information on how to buy Tat Stock please use our
How to Invest in Tat Techno guide.At this time, Tat Techno's
Discontinued Operations is comparatively stable compared to the past year.
Issuance Of Capital Stock is likely to gain to about 10.6
M in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.09 in 2024.
Tat Techno fundamental ratios Correlations
Click cells to compare fundamentals
Tat Techno Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Tat Techno fundamental ratios Accounts
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Additional Tools for Tat Stock Analysis
When running Tat Techno's price analysis, check to
measure Tat Techno'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 Tat Techno is operating at the current time. Most of Tat Techno's value examination focuses on studying past and present price action to
predict the probability of Tat Techno's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tat Techno's price. Additionally, you may evaluate how the addition of Tat Techno to your portfolios can decrease your overall portfolio volatility.