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 Other Current Assets and its Common Stock Shares Outstanding 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.
Other Current Assets vs Common Stock Shares Outstanding
Other Current Assets vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Xpeng Inc Other Current Assets account and
Common Stock Shares Outstanding. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Xpeng's Other Current Assets and Common Stock Shares Outstanding is 0.42. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Common Stock Shares Outstanding 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 Other Current Assets and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Xpeng Inc are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Other Current Assets i.e., Xpeng's Other Current Assets and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | 0.42 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
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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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
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