TRUP Stock | | | USD 53.50 0.85 1.56% |
Trupanion financial indicator trend analysis is much more than just breaking down Trupanion prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Trupanion is a good investment. Please check the relationship between Trupanion Ptb Ratio and its Interest Coverage accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Trupanion. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in employment.
To learn how to invest in Trupanion Stock, please use our
How to Invest in Trupanion guide.
Ptb Ratio vs Interest Coverage
Ptb Ratio vs Interest Coverage Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Trupanion Ptb Ratio account and
Interest Coverage. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Trupanion's Ptb Ratio and Interest Coverage is -0.45. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Interest Coverage in the same time period over historical financial statements of Trupanion, assuming nothing else is changed. The correlation between historical values of Trupanion's Ptb Ratio and Interest Coverage is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of Trupanion are associated (or correlated) with its Interest Coverage. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Coverage has no effect on the direction of Ptb Ratio i.e., Trupanion's Ptb Ratio and Interest Coverage go up and down completely randomly.
Correlation Coefficient | -0.45 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.
Interest Coverage
Most indicators from Trupanion's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Trupanion 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 Trupanion. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in employment.
To learn how to invest in Trupanion Stock, please use our
How to Invest in Trupanion guide.At this time, Trupanion's
Selling General Administrative is relatively stable compared to the past year. As of 11/29/2024,
Sales General And Administrative To Revenue is likely to grow to 0.09, though
Tax Provision is likely to grow to (462.6
K).
Trupanion fundamental ratios Correlations
Click cells to compare fundamentals
Trupanion Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Trupanion fundamental ratios Accounts
Additional Tools for Trupanion Stock Analysis
When running Trupanion's price analysis, check to
measure Trupanion'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 Trupanion is operating at the current time. Most of Trupanion's value examination focuses on studying past and present price action to
predict the probability of Trupanion's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trupanion's price. Additionally, you may evaluate how the addition of Trupanion to your portfolios can decrease your overall portfolio volatility.