XPEV Stock | | | USD 11.91 0.38 3.09% |
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 Net Tangible Assets and its Other Assets 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.
Net Tangible Assets vs Other Assets
Net Tangible Assets vs Other Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Xpeng Inc Net Tangible Assets account and
Other Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Xpeng's Net Tangible Assets and Other Assets is 0.81. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Other Assets 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 Net Tangible Assets and Other 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 Net Tangible Assets of Xpeng Inc are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Net Tangible Assets i.e., Xpeng's Net Tangible Assets and Other Assets go up and down completely randomly.
Correlation Coefficient | 0.81 |
Relationship Direction | Positive |
Relationship Strength | Strong |
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.
Other Assets
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
When running Xpeng's price analysis, check to
measure Xpeng'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 Xpeng is operating at the current time. Most of Xpeng's value examination focuses on studying past and present price action to
predict the probability of Xpeng's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Xpeng's price. Additionally, you may evaluate how the addition of Xpeng to your portfolios can decrease your overall portfolio volatility.