SNES Stock | | | USD 2.76 0.23 9.09% |
SenesTech financial indicator trend analysis is much more than just breaking down SenesTech prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SenesTech is a good investment. Please check the relationship between SenesTech Net Tangible Assets and its Other Assets accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in SenesTech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
For more information on how to buy SenesTech Stock please use our
How to Invest in SenesTech guide.
Net Tangible Assets vs Other Assets
Net Tangible Assets vs Other Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
SenesTech Net Tangible Assets account and
Other Assets. At this time, the significance of the direction appears to have almost no relationship.
The correlation between SenesTech's Net Tangible Assets and Other Assets is 0.19. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Other Assets in the same time period over historical financial statements of SenesTech, assuming nothing else is changed. The correlation between historical values of SenesTech's Net Tangible Assets and Other 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 Net Tangible Assets of SenesTech are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Net Tangible Assets i.e., SenesTech's Net Tangible Assets and Other Assets go up and down completely randomly.
Correlation Coefficient | 0.19 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Other Assets
Most indicators from SenesTech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SenesTech 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 SenesTech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
For more information on how to buy SenesTech Stock please use our
How to Invest in SenesTech guide.
Selling General Administrative is likely to gain to about 8.2
M in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 7
M in 2024.
SenesTech fundamental ratios Correlations
Click cells to compare fundamentals
SenesTech Account Relationship Matchups
High Positive Relationship
High Negative Relationship
SenesTech fundamental ratios Accounts
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Additional Tools for SenesTech Stock Analysis
When running SenesTech's price analysis, check to
measure SenesTech'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 SenesTech is operating at the current time. Most of SenesTech's value examination focuses on studying past and present price action to
predict the probability of SenesTech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SenesTech's price. Additionally, you may evaluate how the addition of SenesTech to your portfolios can decrease your overall portfolio volatility.