Technology Short Term Investments vs Other Assets Analysis

TETEU Stock  USD 12.20  0.17  1.41%   
Technology Telecommunicatio financial indicator trend analysis is much more than just breaking down Technology Telecommunicatio prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Technology Telecommunicatio is a good investment. Please check the relationship between Technology Telecommunicatio Short Term Investments and its Other Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Technology Telecommunication Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Short Term Investments vs Other Assets

Short Term Investments vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Technology Telecommunicatio Short Term Investments account and Other Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Technology Telecommunicatio's Short Term Investments and Other Assets is -0.81. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Other Assets in the same time period over historical financial statements of Technology Telecommunication Acquisition, assuming nothing else is changed. The correlation between historical values of Technology Telecommunicatio's Short Term Investments and Other Assets 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 Investments of Technology Telecommunication Acquisition are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Short Term Investments i.e., Technology Telecommunicatio's Short Term Investments and Other Assets go up and down completely randomly.

Correlation Coefficient

-0.81
Relationship DirectionNegative 
Relationship StrengthSignificant

Short Term Investments

Short Term Investments is an item under the current assets section of Technology Telecommunicatio balance sheet. It contains any investments Technology Telecommunication Acquisition undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Technology Telecommunicatio can easily liquidate in the marketplace.

Other Assets

Most indicators from Technology Telecommunicatio's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Technology Telecommunicatio 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 Technology Telecommunication Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
At this time, Technology Telecommunicatio's Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 953.49 in 2024, whereas Selling General Administrative is likely to drop slightly above 400.8 K in 2024.
 2021 2022 2023 2024 (projected)
Other Operating Expenses501.0K1.8M2.1M2.2M
Depreciation And Amortization500.951.8M2.1M2.2M

Technology Telecommunicatio fundamental ratios Correlations

0.810.820.411.0-0.860.25-0.680.461.01.00.84-0.160.82-0.84-0.840.661.00.810.621.0-0.320.811.0-0.41-0.37
0.810.940.750.76-0.970.64-0.930.780.810.810.96-0.660.99-0.96-0.960.970.781.00.160.81-0.731.00.81-0.77-0.81
0.820.940.860.78-0.980.76-0.970.880.820.821.0-0.690.97-1.0-1.00.930.790.940.060.82-0.80.940.82-0.86-0.83
0.410.750.860.36-0.790.99-0.931.00.410.410.83-0.940.8-0.83-0.830.870.380.75-0.460.41-0.980.750.41-1.0-0.97
1.00.760.780.36-0.820.2-0.630.41.01.00.81-0.10.78-0.8-0.810.61.00.760.661.0-0.260.761.0-0.35-0.31
-0.86-0.97-0.98-0.79-0.82-0.680.96-0.82-0.86-0.86-1.00.64-0.991.01.0-0.94-0.83-0.97-0.16-0.860.75-0.97-0.860.80.8
0.250.640.760.990.2-0.68-0.860.980.250.260.72-0.960.69-0.72-0.720.80.220.64-0.60.26-0.980.640.26-0.98-0.95
-0.68-0.93-0.97-0.93-0.630.96-0.86-0.94-0.68-0.68-0.970.83-0.950.970.97-0.97-0.65-0.930.13-0.680.91-0.93-0.680.940.93
0.460.780.881.00.4-0.820.98-0.940.460.460.85-0.920.82-0.85-0.850.890.420.78-0.420.46-0.980.780.46-1.0-0.97
1.00.810.820.411.0-0.860.25-0.680.461.00.84-0.160.82-0.84-0.840.661.00.810.611.0-0.320.811.0-0.41-0.38
1.00.810.820.411.0-0.860.26-0.680.461.00.84-0.160.82-0.84-0.840.661.00.810.611.0-0.320.811.0-0.41-0.38
0.840.961.00.830.81-1.00.72-0.970.850.840.84-0.660.98-1.0-1.00.940.820.960.110.84-0.780.960.84-0.83-0.81
-0.16-0.66-0.69-0.94-0.10.64-0.960.83-0.92-0.16-0.16-0.66-0.680.670.66-0.83-0.12-0.660.63-0.160.97-0.66-0.160.950.97
0.820.990.970.80.78-0.990.69-0.950.820.820.820.98-0.68-0.98-0.980.970.790.990.130.82-0.760.990.82-0.81-0.82
-0.84-0.96-1.0-0.83-0.81.0-0.720.97-0.85-0.84-0.84-1.00.67-0.981.0-0.94-0.82-0.96-0.11-0.840.78-0.96-0.840.830.81
-0.84-0.96-1.0-0.83-0.811.0-0.720.97-0.85-0.84-0.84-1.00.66-0.981.0-0.94-0.82-0.96-0.11-0.840.78-0.96-0.840.830.81
0.660.970.930.870.6-0.940.8-0.970.890.660.660.94-0.830.97-0.94-0.940.620.97-0.090.66-0.860.970.66-0.89-0.93
1.00.780.790.381.0-0.830.22-0.650.421.01.00.82-0.120.79-0.82-0.820.620.780.641.0-0.280.781.0-0.37-0.33
0.811.00.940.750.76-0.970.64-0.930.780.810.810.96-0.660.99-0.96-0.960.970.780.160.81-0.731.00.81-0.77-0.81
0.620.160.06-0.460.66-0.16-0.60.13-0.420.610.610.110.630.13-0.11-0.11-0.090.640.160.610.530.160.610.460.45
1.00.810.820.411.0-0.860.26-0.680.461.01.00.84-0.160.82-0.84-0.840.661.00.810.61-0.320.811.0-0.41-0.38
-0.32-0.73-0.8-0.98-0.260.75-0.980.91-0.98-0.32-0.32-0.780.97-0.760.780.78-0.86-0.28-0.730.53-0.32-0.73-0.320.990.98
0.811.00.940.750.76-0.970.64-0.930.780.810.810.96-0.660.99-0.96-0.960.970.781.00.160.81-0.730.81-0.77-0.81
1.00.810.820.411.0-0.860.26-0.680.461.01.00.84-0.160.82-0.84-0.840.661.00.810.611.0-0.320.81-0.41-0.38
-0.41-0.77-0.86-1.0-0.350.8-0.980.94-1.0-0.41-0.41-0.830.95-0.810.830.83-0.89-0.37-0.770.46-0.410.99-0.77-0.410.98
-0.37-0.81-0.83-0.97-0.310.8-0.950.93-0.97-0.38-0.38-0.810.97-0.820.810.81-0.93-0.33-0.810.45-0.380.98-0.81-0.380.98
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Technology Telecommunicatio Account Relationship Matchups

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Additional Tools for Technology Stock Analysis

When running Technology Telecommunicatio's price analysis, check to measure Technology Telecommunicatio'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 Technology Telecommunicatio is operating at the current time. Most of Technology Telecommunicatio's value examination focuses on studying past and present price action to predict the probability of Technology Telecommunicatio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Technology Telecommunicatio's price. Additionally, you may evaluate how the addition of Technology Telecommunicatio to your portfolios can decrease your overall portfolio volatility.