TMT Stock | | | 2.97 0.27 8.33% |
TMT Investments financial indicator trend analysis is much more than just breaking down TMT Investments PLC prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TMT Investments PLC is a good investment. Please check the relationship between TMT Investments Stock Based Compensation and its Depreciation accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in TMT Investments PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Stock Based Compensation vs Depreciation
Stock Based Compensation vs Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
TMT Investments PLC Stock Based Compensation account and
Depreciation. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between TMT Investments' Stock Based Compensation and Depreciation is -0.66. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Depreciation in the same time period over historical financial statements of TMT Investments PLC, assuming nothing else is changed. The correlation between historical values of TMT Investments' Stock Based Compensation and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Stock Based Compensation of TMT Investments PLC are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Stock Based Compensation i.e., TMT Investments' Stock Based Compensation and Depreciation go up and down completely randomly.
Correlation Coefficient | -0.66 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Stock Based Compensation
Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.
Depreciation
Depreciation indicates how much of TMT Investments PLC value has been used up. For tax purposes TMT Investments can deduct the cost of the tangible assets it purchases as business expenses. However, TMT Investments PLC must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from TMT Investments' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TMT Investments PLC 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 TMT Investments PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
The current year's
Selling General Administrative is expected to grow to about 744.5
K, whereas
Issuance Of Capital Stock is forecasted to decline to 0.00.
TMT Investments fundamental ratios Correlations
Click cells to compare fundamentals
TMT Investments Account Relationship Matchups
High Positive Relationship
High Negative Relationship
TMT Investments fundamental ratios Accounts
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Other Information on Investing in TMT Stock
Balance Sheet is a snapshot of the
financial position of TMT Investments PLC at a specified time, usually calculated after every quarter, six months, or one year. TMT Investments Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of TMT Investments and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which TMT currently owns. An asset can also be divided into two categories, current and non-current.