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 Other Operating Expenses and its Total Other Income Expense Net 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.
Other Operating Expenses vs Total Other Income Expense Net
Other Operating Expenses vs Total Other Income Expense Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Sensen Networks Other Operating Expenses account and
Total Other Income Expense Net. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Sensen Networks' Other Operating Expenses and Total Other Income Expense Net is -0.46. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Total Other Income Expense Net 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' Other Operating Expenses and Total Other Income Expense Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Sensen Networks are associated (or correlated) with its Total Other Income Expense Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Other Income Expense Net has no effect on the direction of Other Operating Expenses i.e., Sensen Networks' Other Operating Expenses and Total Other Income Expense Net go up and down completely randomly.
Correlation Coefficient | -0.46 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Sensen Networks. It is also known as Sensen Networks overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Total Other Income Expense Net
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
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Additional Tools for Sensen Stock Analysis
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