FSLY Stock | | | USD 10.51 0.19 1.84% |
Fastly financial indicator trend analysis is much more than just examining Fastly Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fastly Inc is a good investment. Please check the relationship between Fastly Total Revenue and its Ebit Per Revenue accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fastly 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 bureau of economic analysis.
Total Revenue vs Ebit Per Revenue
Total Revenue vs Ebit Per Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Fastly Inc Total Revenue account and
Ebit Per Revenue. At this time, the significance of the direction appears to have pay attention.
The correlation between Fastly's Total Revenue and Ebit Per Revenue is -0.74. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Ebit Per Revenue in the same time period over historical financial statements of Fastly Inc, assuming nothing else is changed. The correlation between historical values of Fastly's Total Revenue and Ebit Per Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Fastly Inc are associated (or correlated) with its Ebit Per Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit Per Revenue has no effect on the direction of Total Revenue i.e., Fastly's Total Revenue and Ebit Per Revenue go up and down completely randomly.
Correlation Coefficient | -0.74 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Total Revenue
Total revenue comprises all receipts Fastly Inc generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Ebit Per Revenue
Most indicators from Fastly's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fastly 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
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fastly 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 bureau of economic analysis.
Tax Provision is likely to rise to about 22.1
K in 2024, whereas
Selling General Administrative is likely to drop slightly above 86.1
M in 2024.
Fastly fundamental ratios Correlations
Click cells to compare fundamentals
Fastly Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Fastly fundamental ratios Accounts
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Additional Tools for Fastly Stock Analysis
When running Fastly's price analysis, check to
measure Fastly'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 Fastly is operating at the current time. Most of Fastly's value examination focuses on studying past and present price action to
predict the probability of Fastly's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fastly's price. Additionally, you may evaluate how the addition of Fastly to your portfolios can decrease your overall portfolio volatility.