Expion360 Other Stockholder Equity vs Total Liab Analysis

XPON Stock  USD 1.90  0.10  5.56%   
Expion360 financial indicator trend analysis is much more than just examining Expion360 latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Expion360 is a good investment. Please check the relationship between Expion360 Other Stockholder Equity and its Total Liab accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Expion360. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
To learn how to invest in Expion360 Stock, please use our How to Invest in Expion360 guide.

Other Stockholder Equity vs Total Liab

Other Stockholder Equity vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Expion360 Other Stockholder Equity account and Total Liab. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Expion360's Other Stockholder Equity and Total Liab is 0.92. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Total Liab in the same time period over historical financial statements of Expion360, assuming nothing else is changed. The correlation between historical values of Expion360's Other Stockholder Equity and Total Liab 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 Stockholder Equity of Expion360 are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Other Stockholder Equity i.e., Expion360's Other Stockholder Equity and Total Liab go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Stockholder Equity

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from Expion360's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Expion360 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Expion360. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
To learn how to invest in Expion360 Stock, please use our How to Invest in Expion360 guide.As of the 15th of December 2024, Sales General And Administrative To Revenue is likely to grow to 1.27, though Tax Provision is likely to grow to (7.4 K).
 2021 2022 2023 2024 (projected)
Depreciation And Amortization61.1K164.8K205.7K216.0K
Interest Income169.0239.0101.0K106.1K

Expion360 fundamental ratios Correlations

0.910.70.730.980.881.0-0.39-0.870.860.971.00.920.89-0.540.970.50.180.950.990.990.530.930.911.00.99
0.910.810.890.810.880.94-0.01-0.930.820.810.940.930.94-0.510.810.560.430.910.940.940.670.921.00.890.94
0.70.810.70.580.780.70.23-0.650.350.520.710.890.85-0.030.520.910.270.860.70.70.970.670.830.670.7
0.730.890.70.60.840.770.23-0.960.720.630.770.770.9-0.670.630.370.780.740.770.770.580.910.890.710.78
0.980.810.580.60.820.96-0.57-0.780.830.990.960.850.81-0.530.990.420.040.910.960.960.420.870.80.990.95
0.880.880.780.840.820.89-0.05-0.910.740.760.890.950.98-0.590.760.60.470.880.90.910.70.930.890.860.89
1.00.940.70.770.960.89-0.34-0.890.880.961.00.930.91-0.570.960.490.240.941.01.00.540.940.940.991.0
-0.39-0.010.230.23-0.57-0.05-0.340.03-0.35-0.58-0.33-0.090.010.21-0.580.20.58-0.24-0.33-0.330.36-0.170.0-0.43-0.32
-0.87-0.93-0.65-0.96-0.78-0.91-0.890.03-0.86-0.8-0.89-0.84-0.940.77-0.8-0.34-0.64-0.82-0.9-0.9-0.51-0.98-0.92-0.85-0.9
0.860.820.350.720.830.740.88-0.35-0.860.870.880.70.73-0.810.870.080.360.680.890.890.160.870.80.850.89
0.970.810.520.630.990.760.96-0.58-0.80.870.950.80.77-0.581.00.320.070.880.950.950.330.880.810.980.95
1.00.940.710.770.960.891.0-0.33-0.890.880.950.930.91-0.570.950.50.240.951.01.00.550.940.940.991.0
0.920.930.890.770.850.950.93-0.09-0.840.70.80.930.96-0.370.80.760.270.960.930.930.80.870.940.910.92
0.890.940.850.90.810.980.910.01-0.940.730.770.910.96-0.530.770.640.50.930.910.910.760.940.940.880.91
-0.54-0.51-0.03-0.67-0.53-0.59-0.570.210.77-0.81-0.58-0.57-0.37-0.53-0.580.29-0.65-0.35-0.58-0.580.12-0.74-0.49-0.54-0.58
0.970.810.520.630.990.760.96-0.58-0.80.871.00.950.80.77-0.580.320.070.880.950.950.330.880.810.980.95
0.50.560.910.370.420.60.490.2-0.340.080.320.50.760.640.290.32-0.040.70.490.490.960.370.590.480.48
0.180.430.270.780.040.470.240.58-0.640.360.070.240.270.5-0.650.07-0.040.180.240.250.240.520.420.150.25
0.950.910.860.740.910.880.94-0.24-0.820.680.880.950.960.93-0.350.880.70.180.940.940.740.880.920.950.94
0.990.940.70.770.960.91.0-0.33-0.90.890.951.00.930.91-0.580.950.490.240.941.00.540.940.940.991.0
0.990.940.70.770.960.911.0-0.33-0.90.890.951.00.930.91-0.580.950.490.250.941.00.540.940.930.991.0
0.530.670.970.580.420.70.540.36-0.510.160.330.550.80.760.120.330.960.240.740.540.540.510.690.510.53
0.930.920.670.910.870.930.94-0.17-0.980.870.880.940.870.94-0.740.880.370.520.880.940.940.510.920.920.94
0.911.00.830.890.80.890.940.0-0.920.80.810.940.940.94-0.490.810.590.420.920.940.930.690.920.890.94
1.00.890.670.710.990.860.99-0.43-0.850.850.980.990.910.88-0.540.980.480.150.950.990.990.510.920.890.99
0.990.940.70.780.950.891.0-0.32-0.90.890.951.00.920.91-0.580.950.480.250.941.01.00.530.940.940.99
Click cells to compare fundamentals

Expion360 Account Relationship Matchups

Pair Trading with Expion360

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Expion360 position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Expion360 will appreciate offsetting losses from the drop in the long position's value.

Moving against Expion360 Stock

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The ability to find closely correlated positions to Expion360 could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Expion360 when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Expion360 - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Expion360 to buy it.
The correlation of Expion360 is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Expion360 moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Expion360 moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Expion360 can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Expion360 offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Expion360's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Expion360 Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Expion360 Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Expion360. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
To learn how to invest in Expion360 Stock, please use our How to Invest in Expion360 guide.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Expion360. If investors know Expion360 will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Expion360 listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
-7.9 K
Revenue Per Share
70.928
Quarterly Revenue Growth
(0.26)
Return On Assets
(0.43)
Return On Equity
(1.53)
The market value of Expion360 is measured differently than its book value, which is the value of Expion360 that is recorded on the company's balance sheet. Investors also form their own opinion of Expion360's value that differs from its market value or its book value, called intrinsic value, which is Expion360's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Expion360's market value can be influenced by many factors that don't directly affect Expion360's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Expion360's value and its price as these two are different measures arrived at by different means. Investors typically determine if Expion360 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Expion360's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.