VCI Common Stock vs Intangible Assets Analysis
VCIG Stock | 1.98 0.17 7.91% |
VCI Global financial indicator trend analysis is much more than just breaking down VCI Global Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether VCI Global Limited is a good investment. Please check the relationship between VCI Global Common Stock and its Intangible Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VCI Global Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Common Stock vs Intangible Assets
Common Stock vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of VCI Global Limited Common Stock account and Intangible Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between VCI Global's Common Stock and Intangible Assets is -0.93. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of VCI Global Limited, assuming nothing else is changed. The correlation between historical values of VCI Global's Common Stock and Intangible 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 Common Stock of VCI Global Limited are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Common Stock i.e., VCI Global's Common Stock and Intangible Assets go up and down completely randomly.
Correlation Coefficient | -0.93 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Common Stock
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Most indicators from VCI Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into VCI Global Limited 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 VCI Global Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. At this time, VCI Global's Sales General And Administrative To Revenue is most likely to increase slightly in the upcoming years. The VCI Global's current Enterprise Value is estimated to increase to about 30.8 B, while Enterprise Value Over EBITDA is projected to decrease to 503.23.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 37.2M | 27.9M | 56.3M | 34.3M | Total Revenue | 47.5M | 35.6M | 90.8M | 48.8M |
VCI Global fundamental ratios Correlations
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VCI Global Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Currently Active Assets on Macroaxis
When determining whether VCI Global Limited is a strong investment it is important to analyze VCI Global's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact VCI Global's future performance. For an informed investment choice regarding VCI Stock, refer to the following important reports:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VCI Global Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Environmental & Facilities Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of VCI Global. If investors know VCI will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about VCI Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.34) | Earnings Share 8.54 | Revenue Per Share 96.7 | Quarterly Revenue Growth 0.456 | Return On Assets 0.1441 |
The market value of VCI Global Limited is measured differently than its book value, which is the value of VCI that is recorded on the company's balance sheet. Investors also form their own opinion of VCI Global's value that differs from its market value or its book value, called intrinsic value, which is VCI Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because VCI Global's market value can be influenced by many factors that don't directly affect VCI Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between VCI Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if VCI Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VCI Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.