Software Inventory vs Common Stock Shares Outstanding Analysis
SWAGW Stock | USD 0.01 0.0001 0.79% |
Software Acquisition financial indicator trend analysis is much more than just breaking down Software Acquisition prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Software Acquisition is a good investment. Please check the relationship between Software Acquisition Inventory and its Common Stock Shares Outstanding accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Software Acquisition Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
Inventory vs Common Stock Shares Outstanding
Inventory vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Software Acquisition Inventory account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong relationship.
The correlation between Software Acquisition's Inventory and Common Stock Shares Outstanding is 0.77. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Software Acquisition Group, assuming nothing else is changed. The correlation between historical values of Software Acquisition's Inventory and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Software Acquisition Group are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Inventory i.e., Software Acquisition's Inventory and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | 0.77 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Inventory
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Most indicators from Software Acquisition's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Software Acquisition 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 Software Acquisition Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. Tax Provision is likely to climb to about 33 K in 2024, whereas Selling General Administrative is likely to drop slightly above 16.4 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 11.8M | 16.6M | 24.9M | 16.2M | Total Revenue | 39.7M | 59.0M | 75.9M | 53.4M |
Software Acquisition fundamental ratios Correlations
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Software Acquisition Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Software Stock Analysis
When running Software Acquisition's price analysis, check to measure Software Acquisition'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 Software Acquisition is operating at the current time. Most of Software Acquisition's value examination focuses on studying past and present price action to predict the probability of Software Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Software Acquisition's price. Additionally, you may evaluate how the addition of Software Acquisition to your portfolios can decrease your overall portfolio volatility.