IRBT Stock | | | USD 8.67 0.18 2.12% |
IRobot financial indicator trend analysis is infinitely more than just investigating iRobot recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether iRobot is a good investment. Please check the relationship between IRobot Research Development and its Ebitda accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iRobot. 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 labor statistics.
For more information on how to buy IRobot Stock please use our
How to Invest in IRobot guide.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
iRobot Research Development account and
Ebitda. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between IRobot's Research Development and Ebitda is -0.24. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Ebitda in the same time period over historical financial statements of iRobot, assuming nothing else is changed. The correlation between historical values of IRobot's Research Development and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Research Development of iRobot are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Research Development i.e., IRobot's Research Development and Ebitda go up and down completely randomly.
Correlation Coefficient | -0.24 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Most indicators from IRobot's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into iRobot 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
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iRobot. 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 labor statistics.
For more information on how to buy IRobot Stock please use our
How to Invest in IRobot guide.At this time, IRobot's
Tax Provision is comparatively stable compared to the past year.
Sales General And Administrative To Revenue is likely to gain to 0.11 in 2024, despite the fact that
Enterprise Value Multiple is likely to grow to
(6.98).
When running IRobot's price analysis, check to
measure IRobot'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 IRobot is operating at the current time. Most of IRobot's value examination focuses on studying past and present price action to
predict the probability of IRobot's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IRobot's price. Additionally, you may evaluate how the addition of IRobot to your portfolios can decrease your overall portfolio volatility.