2Seventy Ebitda vs Other Operating Expenses Analysis

TSVT Stock  USD 3.75  0.14  3.88%   
2Seventy Bio financial indicator trend analysis is way more than just evaluating 2Seventy Bio prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether 2Seventy Bio is a good investment. Please check the relationship between 2Seventy Bio Ebitda and its Other Operating Expenses accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in 2Seventy Bio. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
For more information on how to buy 2Seventy Stock please use our How to Invest in 2Seventy Bio guide.

Ebitda vs Other Operating Expenses

Ebitda vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of 2Seventy Bio Ebitda account and Other Operating Expenses. At this time, the significance of the direction appears to have pay attention.
The correlation between 2Seventy Bio's Ebitda and Other Operating Expenses is -0.79. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of 2Seventy Bio, assuming nothing else is changed. The correlation between historical values of 2Seventy Bio's Ebitda and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebitda of 2Seventy Bio are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Ebitda i.e., 2Seventy Bio's Ebitda and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

-0.79
Relationship DirectionNegative 
Relationship StrengthWeak

Ebitda

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of 2Seventy Bio. It is also known as 2Seventy Bio overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most indicators from 2Seventy Bio's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into 2Seventy Bio 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 2Seventy Bio. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
For more information on how to buy 2Seventy Stock please use our How to Invest in 2Seventy Bio guide.Selling General Administrative is likely to gain to about 86.4 M in 2024, whereas Tax Provision is likely to drop 0.00 in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit52.0M65.3M98.3M101.4M
Total Revenue54.5M91.5M100.4M108.8M

2Seventy Bio fundamental ratios Correlations

0.570.7-0.71-0.840.63-0.860.740.480.48-0.64-0.650.680.27-0.10.850.640.59-0.770.60.7-0.5-0.720.840.40.63
0.570.99-0.33-0.570.99-0.830.960.950.06-0.96-0.830.980.920.580.430.990.93-0.741.00.99-0.98-0.820.860.960.99
0.70.99-0.41-0.650.99-0.90.980.930.15-0.96-0.840.990.860.50.540.990.93-0.80.991.0-0.95-0.870.920.920.99
-0.71-0.33-0.410.93-0.380.63-0.46-0.41-0.460.530.68-0.48-0.160.52-0.71-0.36-0.390.78-0.36-0.410.310.35-0.67-0.15-0.38
-0.84-0.57-0.650.93-0.630.81-0.69-0.59-0.290.690.85-0.68-0.340.2-0.78-0.6-0.670.83-0.58-0.650.510.64-0.82-0.36-0.63
0.630.990.99-0.38-0.63-0.850.980.940.04-0.96-0.870.980.890.550.461.00.95-0.750.990.99-0.97-0.840.870.931.0
-0.86-0.83-0.90.630.81-0.85-0.87-0.83-0.40.860.77-0.9-0.62-0.19-0.85-0.85-0.850.92-0.85-0.90.750.91-0.99-0.74-0.85
0.740.960.98-0.46-0.690.98-0.870.870.12-0.95-0.880.970.810.450.510.990.91-0.770.970.98-0.94-0.820.890.860.98
0.480.950.93-0.41-0.590.94-0.830.870.13-0.96-0.820.950.930.470.470.920.91-0.810.960.93-0.94-0.780.860.940.94
0.480.060.15-0.46-0.290.04-0.40.120.13-0.230.040.20.02-0.580.590.07-0.1-0.590.120.15-0.07-0.070.430.120.04
-0.64-0.96-0.960.530.69-0.960.86-0.95-0.96-0.230.88-0.99-0.9-0.35-0.51-0.96-0.880.87-0.97-0.960.970.75-0.91-0.91-0.96
-0.65-0.83-0.840.680.85-0.870.77-0.88-0.820.040.88-0.86-0.7-0.25-0.47-0.84-0.880.75-0.83-0.840.810.7-0.81-0.67-0.87
0.680.980.99-0.48-0.680.98-0.90.970.950.2-0.99-0.860.890.430.540.980.92-0.850.990.99-0.96-0.820.930.930.98
0.270.920.86-0.16-0.340.89-0.620.810.930.02-0.9-0.70.890.60.150.890.79-0.620.920.86-0.96-0.580.680.970.89
-0.10.580.50.520.20.55-0.190.450.47-0.58-0.35-0.250.430.6-0.220.560.570.080.540.5-0.54-0.490.150.630.55
0.850.430.54-0.71-0.780.46-0.850.510.470.59-0.51-0.470.540.15-0.220.450.52-0.80.460.54-0.3-0.730.810.320.46
0.640.990.99-0.36-0.61.0-0.850.990.920.07-0.96-0.840.980.890.560.450.93-0.740.990.99-0.97-0.830.870.931.0
0.590.930.93-0.39-0.670.95-0.850.910.91-0.1-0.88-0.880.920.790.570.520.93-0.70.920.93-0.86-0.920.840.840.95
-0.77-0.74-0.80.780.83-0.750.92-0.77-0.81-0.590.870.75-0.85-0.620.08-0.8-0.74-0.7-0.78-0.80.710.69-0.96-0.68-0.75
0.61.00.99-0.36-0.580.99-0.850.970.960.12-0.97-0.830.990.920.540.460.990.92-0.780.99-0.98-0.820.880.960.99
0.70.991.0-0.41-0.650.99-0.90.980.930.15-0.96-0.840.990.860.50.540.990.93-0.80.99-0.95-0.870.920.920.99
-0.5-0.98-0.950.310.51-0.970.75-0.94-0.94-0.070.970.81-0.96-0.96-0.54-0.3-0.97-0.860.71-0.98-0.950.69-0.8-0.96-0.97
-0.72-0.82-0.870.350.64-0.840.91-0.82-0.78-0.070.750.7-0.82-0.58-0.49-0.73-0.83-0.920.69-0.82-0.870.69-0.86-0.73-0.84
0.840.860.92-0.67-0.820.87-0.990.890.860.43-0.91-0.810.930.680.150.810.870.84-0.960.880.92-0.8-0.860.770.87
0.40.960.92-0.15-0.360.93-0.740.860.940.12-0.91-0.670.930.970.630.320.930.84-0.680.960.92-0.96-0.730.770.93
0.630.990.99-0.38-0.631.0-0.850.980.940.04-0.96-0.870.980.890.550.461.00.95-0.750.990.99-0.97-0.840.870.93
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2Seventy Bio Account Relationship Matchups

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Additional Tools for 2Seventy Stock Analysis

When running 2Seventy Bio's price analysis, check to measure 2Seventy Bio'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 2Seventy Bio is operating at the current time. Most of 2Seventy Bio's value examination focuses on studying past and present price action to predict the probability of 2Seventy Bio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 2Seventy Bio's price. Additionally, you may evaluate how the addition of 2Seventy Bio to your portfolios can decrease your overall portfolio volatility.