Yotta Roic vs Roe Analysis

YOTAW Stock  USD 0.05  0.01  12.55%   
Yotta Acquisition financial indicator trend analysis is more than just analyzing Yotta Acquisition current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Yotta Acquisition is a good investment. Please check the relationship between Yotta Acquisition Roic and its Roe accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Yotta Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Yotta Stock please use our How to Invest in Yotta Acquisition guide.

Roic vs Roe

Roic vs Roe Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Yotta Acquisition Roic account and Roe. At this time, the significance of the direction appears to have pay attention.
The correlation between Yotta Acquisition's Roic and Roe is -1.0. Overlapping area represents the amount of variation of Roic that can explain the historical movement of Roe in the same time period over historical financial statements of Yotta Acquisition, assuming nothing else is changed. The correlation between historical values of Yotta Acquisition's Roic and Roe is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Roic of Yotta Acquisition are associated (or correlated) with its Roe. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Roe has no effect on the direction of Roic i.e., Yotta Acquisition's Roic and Roe go up and down completely randomly.

Correlation Coefficient

-1.0
Relationship DirectionNegative 
Relationship StrengthStrong

Roic

Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.

Roe

Most indicators from Yotta Acquisition's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Yotta 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Yotta Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Yotta Stock please use our How to Invest in Yotta Acquisition guide.Selling General Administrative is likely to drop to about 924.5 K in 2024. Tax Provision is likely to drop to about 531.5 K in 2024
 2010 2022 2023 2024 (projected)
Total Operating Expenses11.8K1.2M1.5M1.0M
EBITDA2.4K1.7B3.4M3.3M

Yotta Acquisition fundamental ratios Correlations

0.640.170.131.0-0.22-0.420.071.01.00.070.520.620.540.010.471.00.640.261.0-0.130.641.00.010.01
0.640.80.780.570.55-0.920.810.640.640.81-0.310.990.94-0.710.980.581.00.910.64-0.81.00.64-0.57-0.57
0.170.81.00.080.92-0.960.910.170.170.91-0.730.850.92-0.980.910.090.80.930.17-1.00.80.17-0.93-0.93
0.130.781.00.040.94-0.950.910.130.130.91-0.760.830.9-0.990.890.050.780.930.13-1.00.780.13-0.94-0.94
1.00.570.080.04-0.31-0.34-0.011.01.0-0.010.60.550.460.10.391.00.570.171.0-0.040.571.00.10.1
-0.220.550.920.94-0.31-0.790.87-0.22-0.220.87-0.930.60.7-0.980.71-0.290.550.83-0.22-0.940.55-0.22-0.93-0.93
-0.42-0.92-0.96-0.95-0.34-0.79-0.87-0.42-0.42-0.870.54-0.96-0.990.9-0.97-0.35-0.92-0.94-0.420.95-0.92-0.420.840.84
0.070.810.910.91-0.010.87-0.870.070.071.0-0.80.820.8-0.930.910.00.810.980.07-0.930.810.07-0.74-0.74
1.00.640.170.131.0-0.22-0.420.071.00.070.520.620.540.020.471.00.640.251.0-0.130.641.00.020.02
1.00.640.170.131.0-0.22-0.420.071.00.070.520.620.540.020.471.00.640.251.0-0.130.641.00.020.02
0.070.810.910.91-0.010.87-0.871.00.070.07-0.80.820.8-0.930.910.00.810.980.07-0.930.810.07-0.74-0.74
0.52-0.31-0.73-0.760.6-0.930.54-0.80.520.52-0.8-0.35-0.420.85-0.50.58-0.31-0.680.520.77-0.310.520.740.74
0.620.990.850.830.550.6-0.960.820.620.620.82-0.350.97-0.760.980.560.990.910.62-0.840.990.62-0.64-0.64
0.540.940.920.90.460.7-0.990.80.540.540.8-0.420.97-0.830.960.480.940.90.54-0.90.940.54-0.79-0.79
0.01-0.71-0.98-0.990.1-0.980.9-0.930.020.02-0.930.85-0.76-0.83-0.850.09-0.71-0.920.010.99-0.710.010.930.93
0.470.980.910.890.390.71-0.970.910.470.470.91-0.50.980.96-0.850.410.980.970.47-0.910.980.47-0.71-0.71
1.00.580.090.051.0-0.29-0.350.01.01.00.00.580.560.480.090.410.580.191.0-0.050.581.00.080.08
0.641.00.80.780.570.55-0.920.810.640.640.81-0.310.990.94-0.710.980.580.910.64-0.81.00.64-0.57-0.57
0.260.910.930.930.170.83-0.940.980.250.250.98-0.680.910.9-0.920.970.190.910.25-0.950.910.25-0.75-0.75
1.00.640.170.131.0-0.22-0.420.071.01.00.070.520.620.540.010.471.00.640.25-0.130.641.00.010.01
-0.13-0.8-1.0-1.0-0.04-0.940.95-0.93-0.13-0.13-0.930.77-0.84-0.90.99-0.91-0.05-0.8-0.95-0.13-0.8-0.130.920.92
0.641.00.80.780.570.55-0.920.810.640.640.81-0.310.990.94-0.710.980.581.00.910.64-0.80.64-0.57-0.57
1.00.640.170.131.0-0.22-0.420.071.01.00.070.520.620.540.010.471.00.640.251.0-0.130.640.010.01
0.01-0.57-0.93-0.940.1-0.930.84-0.740.020.02-0.740.74-0.64-0.790.93-0.710.08-0.57-0.750.010.92-0.570.011.0
0.01-0.57-0.93-0.940.1-0.930.84-0.740.020.02-0.740.74-0.64-0.790.93-0.710.08-0.57-0.750.010.92-0.570.011.0
Click cells to compare fundamentals

Yotta Acquisition Account Relationship Matchups

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When running Yotta Acquisition's price analysis, check to measure Yotta 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 Yotta Acquisition is operating at the current time. Most of Yotta Acquisition's value examination focuses on studying past and present price action to predict the probability of Yotta 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 Yotta Acquisition's price. Additionally, you may evaluate how the addition of Yotta Acquisition to your portfolios can decrease your overall portfolio volatility.