Sensen Networks financial indicator trend analysis is much more than just breaking down Sensen Networks prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sensen Networks is a good investment. Please check the relationship between Sensen Networks Gross Profit and its Total Operating Expenses accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Sensen Networks. 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.
Gross Profit vs Total Operating Expenses
Gross Profit vs Total Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Sensen Networks Gross Profit account and
Total Operating Expenses. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Sensen Networks' Gross Profit and Total Operating Expenses is 0.53. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of Sensen Networks, assuming nothing else is changed. The correlation between historical values of Sensen Networks' Gross Profit and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Sensen Networks are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Gross Profit i.e., Sensen Networks' Gross Profit and Total Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.53 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Sensen Networks minus its cost of goods sold. It is profit before Sensen Networks operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most indicators from Sensen Networks' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sensen Networks 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 Sensen Networks. 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.
At this time, Sensen Networks'
Selling General Administrative is comparatively stable compared to the past year.
Tax Provision is likely to gain to about 44.8
K in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 1.8
M in 2024.
Sensen Networks fundamental ratios Correlations
Click cells to compare fundamentals
Sensen Networks Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sensen Networks 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 Sensen Stock Analysis
When running Sensen Networks' price analysis, check to
measure Sensen Networks' 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 Sensen Networks is operating at the current time. Most of Sensen Networks' value examination focuses on studying past and present price action to
predict the probability of Sensen Networks' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sensen Networks' price. Additionally, you may evaluate how the addition of Sensen Networks to your portfolios can decrease your overall portfolio volatility.