Lotus Common Stock vs Intangible Assets Analysis
LOTUSEYE | 59.05 2.03 3.32% |
Lotus Eye financial indicator trend analysis is infinitely more than just investigating Lotus Eye Hospital recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lotus Eye Hospital is a good investment. Please check the relationship between Lotus Eye Common Stock and its Intangible Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lotus Eye Hospital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
Common Stock vs Intangible Assets
Common Stock vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lotus Eye Hospital Common Stock account and Intangible Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between Lotus Eye's Common Stock and Intangible Assets is 0.21. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Lotus Eye Hospital, assuming nothing else is changed. The correlation between historical values of Lotus Eye's Common Stock and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Lotus Eye Hospital are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Common Stock i.e., Lotus Eye's Common Stock and Intangible Assets go up and down completely randomly.
Correlation Coefficient | 0.21 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Common Stock
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Most indicators from Lotus Eye's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lotus Eye Hospital 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lotus Eye Hospital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. Tax Provision is likely to rise to about 13.3 M in 2025, whereas Selling General Administrative is likely to drop slightly above 12.7 M in 2025.
2022 | 2023 | 2024 | 2025 (projected) | Interest Expense | 976K | 2.0M | 1.8M | 1.5M | Depreciation And Amortization | 29.8M | 37.3M | 42.9M | 33.6M |
Lotus Eye fundamental ratios Correlations
Click cells to compare fundamentals
Lotus Eye Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Lotus Eye's price analysis, check to measure Lotus Eye'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 Lotus Eye is operating at the current time. Most of Lotus Eye's value examination focuses on studying past and present price action to predict the probability of Lotus Eye's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lotus Eye's price. Additionally, you may evaluate how the addition of Lotus Eye to your portfolios can decrease your overall portfolio volatility.