SENS Stock | | | USD 0.46 0.02 4.55% |
Senseonics Holdings financial indicator trend analysis is much more than just breaking down Senseonics Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Senseonics Holdings is a good investment. Please check the relationship between Senseonics Holdings Cost Of Revenue and its Ebit Per Revenue accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Senseonics Holdings. 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.
For more information on how to buy Senseonics Stock please use our
How to Invest in Senseonics Holdings guide.
Cost Of Revenue vs Ebit Per Revenue
Cost Of Revenue vs Ebit Per Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Senseonics Holdings Cost Of Revenue account and
Ebit Per Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between Senseonics Holdings' Cost Of Revenue and Ebit Per Revenue is 0.74. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Ebit Per Revenue in the same time period over historical financial statements of Senseonics Holdings, assuming nothing else is changed. The correlation between historical values of Senseonics Holdings' Cost Of 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 Cost Of Revenue of Senseonics Holdings 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 Cost Of Revenue i.e., Senseonics Holdings' Cost Of Revenue and Ebit Per Revenue go up and down completely randomly.
Correlation Coefficient | 0.74 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Cost Of Revenue
Cost of Revenue is found on Senseonics Holdings income statement and represents the costs associated with goods and services Senseonics Holdings 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.
Ebit Per Revenue
Most indicators from Senseonics Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Senseonics Holdings 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
World Market Map to better understand how to build diversified portfolios, which includes a position in Senseonics Holdings. 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.
For more information on how to buy Senseonics Stock please use our
How to Invest in Senseonics Holdings guide.
Issuance Of Capital Stock is likely to gain to about 35.5
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 19.6
M in 2024.
Senseonics Holdings fundamental ratios Correlations
Click cells to compare fundamentals
Senseonics Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Senseonics Holdings fundamental ratios Accounts
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for Senseonics Stock Analysis
When running Senseonics Holdings' price analysis, check to
measure Senseonics Holdings' 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 Senseonics Holdings is operating at the current time. Most of Senseonics Holdings' value examination focuses on studying past and present price action to
predict the probability of Senseonics Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Senseonics Holdings' price. Additionally, you may evaluate how the addition of Senseonics Holdings to your portfolios can decrease your overall portfolio volatility.