Movano Effective Tax Rate from 2010 to 2025

MOVE Stock  USD 5.54  0.16  2.81%   
Movano's Effective Tax Rate is decreasing over the years with slightly volatile fluctuation. Overall, Effective Tax Rate is expected to go to 0.01 this year. During the period from 2010 to 2025 Movano Effective Tax Rate annual values regression line had geometric mean of  0.02 and mean square error of  0.0006. View All Fundamentals
 
Effective Tax Rate  
First Reported
2010-12-31
Previous Quarter
0.005043
Current Value
0.005295
Quarterly Volatility
0.02642134
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Movano financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Movano's main balance sheet or income statement drivers, such as Interest Expense of 116.9 K, Selling General Administrative of 10.9 M or Total Revenue of 0.0, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 21.41. Movano financial statements analysis is a perfect complement when working with Movano Valuation or Volatility modules.
  
Check out the analysis of Movano Correlation against competitors.

Latest Movano's Effective Tax Rate Growth Pattern

Below is the plot of the Effective Tax Rate of Movano Inc over the last few years. Effective Tax Rate is the average rate at which Movano Inc pre-tax profits are taxed by the government. The effective tax rate is computed by dividing Movano total tax expenses by Movano earnings before taxes. It is Movano's Effective Tax Rate historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Movano's overall financial position and show how it may be relating to other accounts over time.
Effective Tax Rate10 Years Trend
Slightly volatile
   Effective Tax Rate   
       Timeline  

Movano Effective Tax Rate Regression Statistics

Arithmetic Mean0.01
Geometric Mean0.02
Coefficient Of Variation442.67
Mean Deviation0.02
Median0.02
Standard Deviation0.03
Sample Variance0.0007
Range0.0961
R-Value(0.41)
Mean Square Error0.0006
R-Squared0.17
Significance0.11
Slope(0)
Total Sum of Squares0.01

Movano Effective Tax Rate History

2025 0.005295
2024 0.005043
2022 0.004385
2021 -0.0372
2020 -0.077

About Movano Financial Statements

Movano stakeholders use historical fundamental indicators, such as Movano's Effective Tax Rate, to determine how well the company is positioned to perform in the future. Although Movano investors may analyze each financial statement separately, they are all interrelated. For example, changes in Movano's assets and liabilities are reflected in the revenues and expenses on Movano's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Movano Inc. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Effective Tax Rate 0.01  0.01 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Movano Inc is a strong investment it is important to analyze Movano's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Movano's future performance. For an informed investment choice regarding Movano Stock, refer to the following important reports:
Check out the analysis of Movano Correlation against competitors.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Technology Hardware, Storage & Peripherals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Movano. If investors know Movano will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Movano listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(5.80)
Revenue Per Share
0.197
Return On Assets
(0.89)
Return On Equity
(1.81)
The market value of Movano Inc is measured differently than its book value, which is the value of Movano that is recorded on the company's balance sheet. Investors also form their own opinion of Movano's value that differs from its market value or its book value, called intrinsic value, which is Movano's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Movano's market value can be influenced by many factors that don't directly affect Movano's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Movano's value and its price as these two are different measures arrived at by different means. Investors typically determine if Movano is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Movano's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.