ZOMD Stock | | | CAD 0.80 0.18 29.03% |
Zoomd Technologies financial indicator trend analysis is more than just analyzing Zoomd Technologies current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zoomd Technologies is a good investment. Please check the relationship between Zoomd Technologies Net Income Per Share and its Invested Capital accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zoomd Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in unemployment.
Net Income Per Share vs Invested Capital
Net Income Per Share vs Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Zoomd Technologies Net Income Per Share account and
Invested Capital. At this time, the significance of the direction appears to have pay attention.
The correlation between Zoomd Technologies' Net Income Per Share and Invested Capital is -0.79. Overlapping area represents the amount of variation of Net Income Per Share that can explain the historical movement of Invested Capital in the same time period over historical financial statements of Zoomd Technologies, assuming nothing else is changed. The correlation between historical values of Zoomd Technologies' Net Income Per Share and Invested Capital 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 Income Per Share of Zoomd Technologies are associated (or correlated) with its Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Invested Capital has no effect on the direction of Net Income Per Share i.e., Zoomd Technologies' Net Income Per Share and Invested Capital go up and down completely randomly.
Correlation Coefficient | -0.79 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Net Income Per Share
Invested Capital
Invested capital represents the total cash investment that shareholders and debt holders have contributed to Zoomd Technologies. There are two different methods for calculating Zoomd Technologies invested capital: operating approach and financing approach. Understanding Zoomd Technologies invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.
Most indicators from Zoomd Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zoomd Technologies 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 Zoomd Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in unemployment.
Enterprise Value is likely to climb to about 13.1
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 8.1
M in 2024.
Zoomd Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Zoomd Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Zoomd Technologies fundamental ratios Accounts
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Additional Tools for Zoomd Stock Analysis
When running Zoomd Technologies' price analysis, check to
measure Zoomd Technologies' 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 Zoomd Technologies is operating at the current time. Most of Zoomd Technologies' value examination focuses on studying past and present price action to
predict the probability of Zoomd Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zoomd Technologies' price. Additionally, you may evaluate how the addition of Zoomd Technologies to your portfolios can decrease your overall portfolio volatility.