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 Total Revenue and its Ebit Per 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.
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
Gogoro Inc Total Revenue account and
Ebit Per Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Gogoro's Total Revenue and Ebit Per Revenue is 0.96. 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 Gogoro Inc, assuming nothing else is changed. The correlation between historical values of Gogoro'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 Gogoro 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., Gogoro's Total Revenue and Ebit Per Revenue go up and down completely randomly.
Correlation Coefficient | 0.96 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Revenue
Total revenue comprises all receipts Gogoro 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 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.