XPEV Stock | | | USD 11.62 0.29 2.43% |
Xpeng financial indicator trend analysis is more than just analyzing Xpeng Inc current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xpeng Inc is a good investment. Please check the relationship between Xpeng Gross Profit and its Research Development accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Xpeng Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
Gross Profit vs Research Development
Gross Profit vs Research Development Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Xpeng Inc Gross Profit account and
Research Development. At this time, the significance of the direction appears to have strong relationship.
The correlation between Xpeng's Gross Profit and Research Development is 0.74. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Research Development in the same time period over historical financial statements of Xpeng Inc, assuming nothing else is changed. The correlation between historical values of Xpeng's Gross Profit and Research Development is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Xpeng Inc are associated (or correlated) with its Research Development. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Research Development has no effect on the direction of Gross Profit i.e., Xpeng's Gross Profit and Research Development go up and down completely randomly.
Correlation Coefficient | 0.74 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Xpeng Inc minus its cost of goods sold. It is profit before Xpeng operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Research Development
Most indicators from Xpeng's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xpeng Inc 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 Xpeng Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
At this time, Xpeng's
Tax Provision is fairly stable compared to the past year.
Selling General Administrative is likely to climb to about 6.5
B in 2024, whereas
Enterprise Value Over EBITDA is likely to drop
(5.11) in 2024.
Xpeng fundamental ratios Correlations
Click cells to compare fundamentals
Xpeng Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Xpeng fundamental ratios Accounts
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Additional Tools for Xpeng Stock Analysis
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