IONQ Capex To Depreciation vs Ev To Sales Analysis
| IONQ-WT Stock | 22.29 3.83 20.75% |
IONQ WT financial indicator trend analysis is infinitely more than just investigating IONQ WT recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether IONQ WT is a good investment. Please check the relationship between IONQ WT Capex To Depreciation and its Ev To Sales accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IONQ WT. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Capex To Depreciation vs Ev To Sales
Capex To Depreciation vs Ev To Sales Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IONQ WT Capex To Depreciation account and Ev To Sales. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between IONQ WT's Capex To Depreciation and Ev To Sales is -0.23. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Ev To Sales in the same time period over historical financial statements of IONQ WT, assuming nothing else is changed. The correlation between historical values of IONQ WT's Capex To Depreciation and Ev To Sales is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Depreciation of IONQ WT are associated (or correlated) with its Ev To Sales. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Sales has no effect on the direction of Capex To Depreciation i.e., IONQ WT's Capex To Depreciation and Ev To Sales go up and down completely randomly.
Correlation Coefficient | -0.23 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Capex To Depreciation
The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.Ev To Sales
The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.Thematic Opportunities
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