SolarCity Total Assets Per Share vs PPandE Turnover Analysis

SolarCity financial indicator trend analysis is much more than just breaking down SolarCity prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SolarCity is a good investment. Please check the relationship between SolarCity Total Assets Per Share and its PPandE Turnover accounts. Also please take a look at World Market Map.

Total Assets Per Share vs PPandE Turnover

Accounts Relationship

Total Assets Per Share vs PPandE Turnover

Significance: Pay attention

Total Assets Per Share diversification synergy
Overlapping area represents amount of trend that can be explained by analyzing historical patterns of SolarCity Total Assets Per Share account and PPandE Turnover

Correlation Coefficient

-0.85
Relationship DirectionNegative 
Relationship StrengthSignificant

Total Assets Per Share

PPandE Turnover

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