ZOMD Stock | | | CAD 0.62 0.05 8.77% |
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 Property Plant And Equipment Net and its Capital Stock 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.
Property Plant And Equipment Net vs Capital Stock
Property Plant And Equipment Net vs Capital Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Zoomd Technologies Property Plant And Equipment Net account and
Capital Stock. At this time, the significance of the direction appears to have very week relationship.
The correlation between Zoomd Technologies' Property Plant And Equipment Net and Capital Stock is 0.22. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Capital Stock 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' Property Plant And Equipment Net and Capital Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Zoomd Technologies are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Property Plant And Equipment Net i.e., Zoomd Technologies' Property Plant And Equipment Net and Capital Stock go up and down completely randomly.
Correlation Coefficient | 0.22 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Capital Stock
The total amount of a company's capital funded by shareholders through the issue and subscription of shares.
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
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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.