ST Stock | | | USD 32.17 1.41 4.20% |
Sensata Technologies financial indicator trend analysis is much more than just breaking down Sensata Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sensata Technologies is a good investment. Please check the relationship between Sensata Technologies Net Tangible Assets and its Long Term Investments accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Sensata Technologies Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
Net Tangible Assets vs Long Term Investments
Net Tangible Assets vs Long Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Sensata Technologies Net Tangible Assets account and
Long Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Sensata Technologies' Net Tangible Assets and Long Term Investments is -0.22. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Sensata Technologies Holding, assuming nothing else is changed. The correlation between historical values of Sensata Technologies' Net Tangible Assets and Long Term Investments 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 Sensata Technologies Holding are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Net Tangible Assets i.e., Sensata Technologies' Net Tangible Assets and Long Term Investments go up and down completely randomly.
Correlation Coefficient | -0.22 |
Relationship Direction | Negative |
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.
Long Term Investments
Long Term Investments is an item on the asset side of Sensata Technologies balance sheet that represents investments Sensata Technologies intends to hold for over a year. Sensata Technologies Holding long term investments may include different instruments such as stocks, bonds, real estate and cash.
Most indicators from Sensata Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sensata Technologies 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 Sensata Technologies Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
At this time, Sensata Technologies'
Tax Provision is comparatively stable compared to the past year.
Sales General And Administrative To Revenue is likely to gain to 0.10 in 2024, whereas
Selling General Administrative is likely to drop slightly above 277.8
M in 2024.
Sensata Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Sensata Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sensata Technologies fundamental ratios Accounts
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Additional Tools for Sensata Stock Analysis
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