| GGR Stock | | | USD 0.48 0.03 5.88% |
Gogoro financial indicator trend analysis is much more than just examining Gogoro Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gogoro Inc is a good investment. Please check the relationship between Gogoro Revenue Per Share and its Cost Of Revenue accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gogoro 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 price.
Revenue Per Share vs Cost Of Revenue
Revenue Per Share vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Gogoro Inc Revenue Per Share account and
Cost Of Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Gogoro's Revenue Per Share and Cost Of Revenue is -0.32. Overlapping area represents the amount of variation of Revenue Per Share that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Gogoro Inc, assuming nothing else is changed. The correlation between historical values of Gogoro's Revenue Per Share and Cost Of 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 Revenue Per Share of Gogoro Inc are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Revenue Per Share i.e., Gogoro's Revenue Per Share and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | -0.32 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Revenue Per Share
The amount of revenue generated by a company per share of stock, calculated by dividing total revenue by the average number of shares outstanding.
Cost Of Revenue
Cost of Revenue is found on Gogoro Inc income statement and represents the costs associated with goods and services Gogoro provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most indicators from Gogoro's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gogoro 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
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gogoro 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 price.
At this time, Gogoro's
Enterprise Value Over EBITDA is relatively stable compared to the past year. As of 01/05/2025,
Enterprise Value Multiple is likely to grow to 36.87, while
Tax Provision is likely to drop 0.00.
Gogoro fundamental ratios Correlations
Click cells to compare fundamentals
Gogoro Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Gogoro fundamental ratios Accounts
Additional Tools for Gogoro Stock Analysis
When running Gogoro's price analysis, check to
measure Gogoro'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 Gogoro is operating at the current time. Most of Gogoro's value examination focuses on studying past and present price action to
predict the probability of Gogoro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gogoro's price. Additionally, you may evaluate how the addition of Gogoro to your portfolios can decrease your overall portfolio volatility.