VIPS Stock | | | USD 13.48 0.06 0.44% |
Vipshop Holdings financial indicator trend analysis is much more than just breaking down Vipshop Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vipshop Holdings is a good investment. Please check the relationship between Vipshop Holdings Good Will and its Net Tangible Assets accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Vipshop Holdings 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 american community survey.
Good Will vs Net Tangible Assets
Good Will vs Net Tangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Vipshop Holdings Good Will account and
Net Tangible Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Vipshop Holdings' Good Will and Net Tangible Assets is 0.94. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Vipshop Holdings Limited, assuming nothing else is changed. The correlation between historical values of Vipshop Holdings' Good Will and Net Tangible 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 Good Will of Vipshop Holdings Limited are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Good Will i.e., Vipshop Holdings' Good Will and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | 0.94 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most indicators from Vipshop Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vipshop Holdings 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 Vipshop Holdings 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 american community survey.
At this time, Vipshop Holdings'
Selling General Administrative is comparatively stable compared to the past year.
Enterprise Value Over EBITDA is likely to gain to 4.36 in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.03 in 2024.
Vipshop Holdings fundamental ratios Correlations
Click cells to compare fundamentals
Vipshop Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Vipshop Holdings fundamental ratios Accounts
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Additional Tools for Vipshop Stock Analysis
When running Vipshop Holdings' price analysis, check to
measure Vipshop Holdings' 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 Vipshop Holdings is operating at the current time. Most of Vipshop Holdings' value examination focuses on studying past and present price action to
predict the probability of Vipshop Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vipshop Holdings' price. Additionally, you may evaluate how the addition of Vipshop Holdings to your portfolios can decrease your overall portfolio volatility.