| XOSWW Stock | | | USD 0.01 0 21.95% |
Xos Equity financial indicator trend analysis is more than just analyzing Xos Equity Warrants current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xos Equity Warrants is a good investment. Please check the relationship between Xos Equity Cost Of Revenue and its Depreciation And Amortization accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Xos Equity Warrants. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in housing.
Cost Of Revenue vs Depreciation And Amortization
Cost Of Revenue vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Xos Equity Warrants Cost Of Revenue account and
Depreciation And Amortization. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Xos Equity's Cost Of Revenue and Depreciation And Amortization is 0.87. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Xos Equity Warrants, assuming nothing else is changed. The correlation between historical values of Xos Equity's Cost Of Revenue and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Xos Equity Warrants are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Cost Of Revenue i.e., Xos Equity's Cost Of Revenue and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | 0.87 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Cost Of Revenue
Cost of Revenue is found on Xos Equity Warrants income statement and represents the costs associated with goods and services Xos Equity provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Most indicators from Xos Equity's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xos Equity Warrants 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
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Xos Equity Warrants. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in housing.
Tax Provision is likely to climb to about 14.5
K in 2025, whereas
Selling General Administrative is likely to drop slightly above 25
M in 2025.
Xos Equity fundamental ratios Correlations
Click cells to compare fundamentals
Xos Equity Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Xos Equity fundamental ratios Accounts
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Additional Tools for Xos Stock Analysis
When running Xos Equity's price analysis, check to
measure Xos Equity'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 Xos Equity is operating at the current time. Most of Xos Equity's value examination focuses on studying past and present price action to
predict the probability of Xos Equity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Xos Equity's price. Additionally, you may evaluate how the addition of Xos Equity to your portfolios can decrease your overall portfolio volatility.