ECARX Common Stock vs Good Will Analysis
| ECXWW Stock | 0.02 0.01 42.29% |
ECARX Holdings financial indicator trend analysis is much more than just examining ECARX Holdings Warrants latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ECARX Holdings Warrants is a good investment. Please check the relationship between ECARX Holdings Common Stock and its Good Will accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ECARX Holdings Warrants. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.
Common Stock vs Good Will
Common Stock vs Good Will Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ECARX Holdings Warrants Common Stock account and Good Will. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between ECARX Holdings' Common Stock and Good Will is -0.65. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Good Will in the same time period over historical financial statements of ECARX Holdings Warrants, assuming nothing else is changed. The correlation between historical values of ECARX Holdings' Common Stock and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of ECARX Holdings Warrants are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Common Stock i.e., ECARX Holdings' Common Stock and Good Will go up and down completely randomly.
Correlation Coefficient | -0.65 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Common Stock
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Most indicators from ECARX Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ECARX Holdings Warrants 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ECARX Holdings Warrants. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing. Tax Provision is likely to climb to about (3.5 M) in 2024. Selling General Administrative is likely to drop to about 138.9 M in 2024
| 2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 65.0M | 105.7M | 124.6M | 97.4M | Interest Income | 11.8M | 12.4M | 30.5M | 22.9M |
ECARX Holdings fundamental ratios Correlations
Click cells to compare fundamentals
ECARX Holdings 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.When determining whether ECARX Holdings Warrants is a strong investment it is important to analyze ECARX Holdings' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ECARX Holdings' future performance. For an informed investment choice regarding ECARX Stock, refer to the following important reports:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ECARX Holdings Warrants. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
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When running ECARX Holdings' price analysis, check to measure ECARX Holdings' 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 ECARX Holdings is operating at the current time. Most of ECARX Holdings' value examination focuses on studying past and present price action to predict the probability of ECARX Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ECARX Holdings' price. Additionally, you may evaluate how the addition of ECARX Holdings to your portfolios can decrease your overall portfolio volatility.
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Is ECARX Holdings' industry 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 ECARX Holdings. If investors know ECARX 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 ECARX Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Revenue Per Share 14.307 | Quarterly Revenue Growth 0.213 | Return On Assets (0.16) |
The market value of ECARX Holdings Warrants is measured differently than its book value, which is the value of ECARX that is recorded on the company's balance sheet. Investors also form their own opinion of ECARX Holdings' value that differs from its market value or its book value, called intrinsic value, which is ECARX Holdings' 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 ECARX Holdings' market value can be influenced by many factors that don't directly affect ECARX Holdings' 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 ECARX Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if ECARX Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ECARX Holdings' 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.