UMAX Capex To Depreciation vs Ev To Sales Analysis

UMAX Stock  USD 0.0001  0.00  0.00%   
UMAX Group financial indicator trend analysis is much more than just breaking down UMAX Group Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether UMAX Group Corp is a good investment. Please check the relationship between UMAX Group Capex To Depreciation and its Ev To Sales accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in UMAX Group Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Capex To Depreciation vs Ev To Sales

Capex To Depreciation vs Ev To Sales Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of UMAX Group Corp Capex To Depreciation account and Ev To Sales. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between UMAX Group's Capex To Depreciation and Ev To Sales is -0.13. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Ev To Sales in the same time period over historical financial statements of UMAX Group Corp, assuming nothing else is changed. The correlation between historical values of UMAX Group's Capex To Depreciation and Ev To Sales is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Depreciation of UMAX Group Corp are associated (or correlated) with its Ev To Sales. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Sales has no effect on the direction of Capex To Depreciation i.e., UMAX Group's Capex To Depreciation and Ev To Sales go up and down completely randomly.

Correlation Coefficient

-0.13
Relationship DirectionNegative 
Relationship StrengthInsignificant

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.

Ev To Sales

The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.
Most indicators from UMAX Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into UMAX Group Corp 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 UMAX Group Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Sales General And Administrative To Revenue is likely to rise to 37.81 in 2024, whereas Selling General Administrative is likely to drop slightly above 57.8 K in 2024.

UMAX Group fundamental ratios Correlations

0.86-0.310.410.94-0.180.231.00.23-0.070.250.330.25-0.72-0.72-0.70.25-0.70.74-0.250.740.25
0.86-0.050.440.89-0.22-0.040.87-0.04-0.030.30.060.3-0.78-0.78-0.760.3-0.760.8-0.310.80.3
-0.31-0.050.640.03-0.73-0.91-0.29-0.910.430.05-0.950.05-0.37-0.37-0.340.05-0.340.37-0.060.370.05
0.410.440.640.66-0.93-0.70.43-0.70.060.21-0.680.21-0.87-0.87-0.820.21-0.820.88-0.220.880.21
0.940.890.030.66-0.46-0.090.95-0.090.070.310.010.31-0.88-0.88-0.860.31-0.860.91-0.320.910.31
-0.18-0.22-0.73-0.93-0.460.84-0.20.84-0.06-0.40.76-0.40.70.70.72-0.40.72-0.740.39-0.74-0.4
0.23-0.04-0.91-0.7-0.090.840.221.0-0.08-0.340.95-0.340.440.440.48-0.340.48-0.470.33-0.47-0.34
1.00.87-0.290.430.95-0.20.220.22-0.060.260.320.26-0.73-0.73-0.710.26-0.710.75-0.260.750.26
0.23-0.04-0.91-0.7-0.090.841.00.22-0.08-0.340.95-0.340.440.440.48-0.340.48-0.470.33-0.47-0.34
-0.07-0.030.430.060.07-0.06-0.08-0.06-0.08-0.14-0.14-0.14-0.02-0.020.01-0.140.010.010.120.01-0.14
0.250.30.050.210.31-0.4-0.340.26-0.34-0.14-0.051.0-0.2-0.2-0.421.0-0.420.34-0.820.351.0
0.330.06-0.95-0.680.010.760.950.320.95-0.14-0.05-0.050.390.390.35-0.050.35-0.390.06-0.39-0.05
0.250.30.050.210.31-0.4-0.340.26-0.34-0.141.0-0.05-0.2-0.2-0.421.0-0.420.34-0.820.351.0
-0.72-0.78-0.37-0.87-0.880.70.44-0.730.44-0.02-0.20.39-0.21.00.96-0.20.96-0.970.35-0.97-0.2
-0.72-0.78-0.37-0.87-0.880.70.44-0.730.44-0.02-0.20.39-0.21.00.96-0.20.96-0.970.35-0.97-0.2
-0.7-0.76-0.34-0.82-0.860.720.48-0.710.480.01-0.420.35-0.420.960.96-0.421.0-0.940.58-0.95-0.42
0.250.30.050.210.31-0.4-0.340.26-0.34-0.141.0-0.051.0-0.2-0.2-0.42-0.420.34-0.820.351.0
-0.7-0.76-0.34-0.82-0.860.720.48-0.710.480.01-0.420.35-0.420.960.961.0-0.42-0.940.58-0.95-0.42
0.740.80.370.880.91-0.74-0.470.75-0.470.010.34-0.390.34-0.97-0.97-0.940.34-0.94-0.351.00.34
-0.25-0.31-0.06-0.22-0.320.390.33-0.260.330.12-0.820.06-0.820.350.350.58-0.820.58-0.35-0.36-0.82
0.740.80.370.880.91-0.74-0.470.75-0.470.010.35-0.390.35-0.97-0.97-0.950.35-0.951.0-0.360.35
0.250.30.050.210.31-0.4-0.340.26-0.34-0.141.0-0.051.0-0.2-0.2-0.421.0-0.420.34-0.820.35
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UMAX Group Account Relationship Matchups

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