Zapp Common Stock Shares Outstanding vs Short Long Term Debt Total Analysis

ZAPP Stock   1.78  0.11  6.59%   
Zapp Electric financial indicator trend analysis is more than just analyzing Zapp Electric Vehicles current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zapp Electric Vehicles is a good investment. Please check the relationship between Zapp Electric Common Stock Shares Outstanding and its Short Long Term Debt Total accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zapp Electric Vehicles. 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.

Common Stock Shares Outstanding vs Short Long Term Debt Total

Common Stock Shares Outstanding vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zapp Electric Vehicles Common Stock Shares Outstanding account and Short Long Term Debt Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Zapp Electric's Common Stock Shares Outstanding and Short Long Term Debt Total is 0.76. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of Zapp Electric Vehicles, assuming nothing else is changed. The correlation between historical values of Zapp Electric's Common Stock Shares Outstanding and Short Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Zapp Electric Vehicles are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Common Stock Shares Outstanding i.e., Zapp Electric's Common Stock Shares Outstanding and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.76
Relationship DirectionPositive 
Relationship StrengthSignificant

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Short Long Term Debt Total

Most indicators from Zapp Electric's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zapp Electric Vehicles 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 Zapp Electric Vehicles. 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.
As of 11/30/2024, Enterprise Value is likely to grow to about 11.7 M, while Selling General Administrative is likely to drop 6,962.
 2021 2022 2023 2024 (projected)
Interest Expense305.5K561.0K645.2K423.7K
Interest Income2.7K9.3K10.7K11.2K

Zapp Electric fundamental ratios Correlations

-0.980.631.0-0.990.72-0.98-0.980.72-0.86-0.98-0.25-0.88-0.981.0-0.790.96-0.97-0.32-0.97-0.17-0.96-0.32-0.72-0.95-0.87
-0.98-0.71-0.991.0-0.81.01.0-0.80.911.00.310.871.0-0.980.81-0.970.980.361.00.230.950.360.780.940.91
0.63-0.710.69-0.670.96-0.71-0.690.96-0.85-0.7-0.48-0.72-0.680.65-0.860.72-0.6-0.57-0.7-0.51-0.48-0.57-0.93-0.44-0.8
1.0-0.990.69-0.990.77-0.99-0.990.77-0.89-0.99-0.26-0.9-0.991.0-0.830.97-0.96-0.36-0.98-0.22-0.94-0.36-0.77-0.93-0.9
-0.991.0-0.67-0.99-0.771.01.0-0.770.891.00.30.861.0-0.980.79-0.960.980.351.00.210.970.350.750.950.9
0.72-0.80.960.77-0.77-0.8-0.781.0-0.91-0.79-0.31-0.8-0.780.73-0.920.81-0.7-0.58-0.8-0.52-0.58-0.58-0.98-0.54-0.88
-0.981.0-0.71-0.991.0-0.81.0-0.80.921.00.30.881.0-0.980.83-0.960.970.411.00.280.950.410.780.930.93
-0.981.0-0.69-0.991.0-0.781.0-0.780.911.00.30.871.0-0.980.81-0.960.980.371.00.240.960.370.760.950.91
0.72-0.80.960.77-0.771.0-0.8-0.78-0.91-0.79-0.31-0.8-0.780.73-0.920.81-0.7-0.58-0.8-0.52-0.58-0.58-0.98-0.54-0.88
-0.860.91-0.85-0.890.89-0.910.920.91-0.910.910.320.890.9-0.850.94-0.850.80.710.930.610.780.710.880.771.0
-0.981.0-0.7-0.991.0-0.791.01.0-0.790.910.320.871.0-0.980.81-0.960.970.371.00.240.960.370.770.940.92
-0.250.31-0.48-0.260.3-0.310.30.3-0.310.320.320.160.3-0.260.16-0.250.290.10.310.090.30.10.170.30.27
-0.880.87-0.72-0.90.86-0.80.880.87-0.80.890.870.160.86-0.870.95-0.890.790.550.870.410.780.550.860.770.89
-0.981.0-0.68-0.991.0-0.781.01.0-0.780.91.00.30.86-0.980.8-0.970.980.341.00.210.960.340.760.950.9
1.0-0.980.651.0-0.980.73-0.98-0.980.73-0.85-0.98-0.26-0.87-0.98-0.790.97-0.98-0.27-0.97-0.13-0.96-0.27-0.74-0.93-0.86
-0.790.81-0.86-0.830.79-0.920.830.81-0.920.940.810.160.950.8-0.79-0.830.70.70.820.60.640.70.950.630.93
0.96-0.970.720.97-0.960.81-0.96-0.960.81-0.85-0.96-0.25-0.89-0.970.97-0.83-0.96-0.26-0.95-0.12-0.9-0.26-0.83-0.87-0.85
-0.970.98-0.6-0.960.98-0.70.970.98-0.70.80.970.290.790.98-0.980.7-0.960.160.960.020.970.160.680.950.8
-0.320.36-0.57-0.360.35-0.580.410.37-0.580.710.370.10.550.34-0.270.7-0.260.160.420.990.21.00.580.240.71
-0.971.0-0.7-0.981.0-0.81.01.0-0.80.931.00.310.871.0-0.970.82-0.950.960.420.290.950.420.780.940.93
-0.170.23-0.51-0.220.21-0.520.280.24-0.520.610.240.090.410.21-0.130.6-0.120.020.990.290.060.990.490.10.61
-0.960.95-0.48-0.940.97-0.580.950.96-0.580.780.960.30.780.96-0.960.64-0.90.970.20.950.060.20.561.00.8
-0.320.36-0.57-0.360.35-0.580.410.37-0.580.710.370.10.550.34-0.270.7-0.260.161.00.420.990.20.580.240.71
-0.720.78-0.93-0.770.75-0.980.780.76-0.980.880.770.170.860.76-0.740.95-0.830.680.580.780.490.560.580.520.86
-0.950.94-0.44-0.930.95-0.540.930.95-0.540.770.940.30.770.95-0.930.63-0.870.950.240.940.11.00.240.520.8
-0.870.91-0.8-0.90.9-0.880.930.91-0.881.00.920.270.890.9-0.860.93-0.850.80.710.930.610.80.710.860.8
Click cells to compare fundamentals

Zapp Electric Account Relationship Matchups

Zapp Electric fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab325.7K1.4M1.2M(19.8M)(17.8M)(16.9M)
Total Current Liabilities525.8K2.1M1.3M23.7M27.3M28.6M
Retained Earnings(2.4M)(4.0M)(7.5M)(229.6M)(206.7M)(196.3M)
Accounts Payable149.5K167.9K11.3K19.8M22.7M23.9M
Net Receivables14.4K39.8K115.1K865.5K995.3K1.0M
Other Stockholder Equity3.0M3.7M9.0M198.6M228.4M239.8M
Total Current Assets466.2K486.6K2.3M2.7M3.0M3.2M
Common Stock822.0841.0940.05.8K6.7K7.0K

Pair Trading with Zapp Electric

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Zapp Electric position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Zapp Electric will appreciate offsetting losses from the drop in the long position's value.

Moving against Zapp Stock

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The ability to find closely correlated positions to Zapp Electric could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Zapp Electric when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Zapp Electric - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Zapp Electric Vehicles to buy it.
The correlation of Zapp Electric is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Zapp Electric moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Zapp Electric Vehicles moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Zapp Electric can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Zapp Stock Analysis

When running Zapp Electric's price analysis, check to measure Zapp Electric'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 Zapp Electric is operating at the current time. Most of Zapp Electric's value examination focuses on studying past and present price action to predict the probability of Zapp Electric's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zapp Electric's price. Additionally, you may evaluate how the addition of Zapp Electric to your portfolios can decrease your overall portfolio volatility.