Tecnoglass financial indicator trend analysis is much more than just breaking down Tecnoglass prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tecnoglass is a good investment. Please check the relationship between Tecnoglass Stock Based Compensation and its Net Income accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tecnoglass. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Stock Based Compensation vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tecnoglass Stock Based Compensation account and Net Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between Tecnoglass' Stock Based Compensation and Net Income is 0.68. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Net Income in the same time period over historical financial statements of Tecnoglass, assuming nothing else is changed. The correlation between historical values of Tecnoglass' Stock Based Compensation and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Stock Based Compensation of Tecnoglass are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Stock Based Compensation i.e., Tecnoglass' Stock Based Compensation and Net Income go up and down completely randomly.
Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Tecnoglass financial statement analysis. It represents the amount of money remaining after all of Tecnoglass operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Tecnoglass' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tecnoglass 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 Tecnoglass. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
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When running Tecnoglass' price analysis, check to measure Tecnoglass' 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 Tecnoglass is operating at the current time. Most of Tecnoglass' value examination focuses on studying past and present price action to predict the probability of Tecnoglass' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tecnoglass' price. Additionally, you may evaluate how the addition of Tecnoglass to your portfolios can decrease your overall portfolio volatility.