SND Stock | | | USD 2.25 0.09 4.17% |
Smart Sand financial indicator trend analysis is much more than just breaking down Smart Sand prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Smart Sand is a good investment. Please check the relationship between Smart Sand Short Term Investments and its Total Stockholder Equity accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Smart Sand. 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 information on how to trade Smart Stock refer to our
How to Trade Smart Stock guide.
Short Term Investments vs Total Stockholder Equity
Short Term Investments vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Smart Sand Short Term Investments account and
Total Stockholder Equity. At this time, the significance of the direction appears to have pay attention.
The correlation between Smart Sand's Short Term Investments and Total Stockholder Equity is -0.94. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Smart Sand, assuming nothing else is changed. The correlation between historical values of Smart Sand's Short Term Investments and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Smart Sand are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Short Term Investments i.e., Smart Sand's Short Term Investments and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | -0.94 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Short Term Investments
Short Term Investments is an item under the current assets section of Smart Sand balance sheet. It contains any investments Smart Sand undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Smart Sand can easily liquidate in the marketplace.
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Smart Sand's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Smart Sand 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 Smart Sand. 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 information on how to trade Smart Stock refer to our
How to Trade Smart Stock guide.The current year's
Sales General And Administrative To Revenue is expected to grow to 0.18, whereas
Selling General Administrative is forecasted to decline to about 24.1
M.
Smart Sand fundamental ratios Correlations
Click cells to compare fundamentals
Smart Sand Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Smart Sand fundamental ratios Accounts