Tevogen Other Current Assets vs Capital Stock Analysis

TVGNW Stock   0.02  0  12.99%   
Tevogen Bio financial indicator trend analysis is much more than just breaking down Tevogen Bio Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tevogen Bio Holdings is a good investment. Please check the relationship between Tevogen Bio Other Current Assets and its Capital Stock accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tevogen Bio Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Other Current Assets vs Capital Stock

Other Current Assets vs Capital Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tevogen Bio Holdings Other Current Assets account and Capital Stock. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Tevogen Bio's Other Current Assets and Capital Stock is 0.94. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Capital Stock in the same time period over historical financial statements of Tevogen Bio Holdings, assuming nothing else is changed. The correlation between historical values of Tevogen Bio's Other Current Assets and Capital Stock 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 Current Assets of Tevogen Bio Holdings are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Other Current Assets i.e., Tevogen Bio's Other Current Assets and Capital Stock go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.
Most indicators from Tevogen Bio's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tevogen Bio Holdings 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Tevogen Bio Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Selling General Administrative is likely to climb to about 1 M in 2024
 2010 2022 2023 2024 (projected)
Total Operating Expenses4.6M953.1K857.8K814.9K
Research Development3.0M5.8M6.6M4.8M

Tevogen Bio fundamental ratios Correlations

0.94-0.981.00.940.950.3-0.98-1.01.01.00.95-0.79-0.990.94-0.991.00.94-1.01.0-1.0
0.94-0.990.941.01.00.49-0.98-0.950.940.941.0-0.57-0.981.0-0.980.941.0-0.950.94-0.95
-0.98-0.99-0.98-0.99-0.99-0.431.00.99-0.98-0.98-0.990.681.0-0.991.0-0.98-0.990.99-0.980.99
1.00.94-0.980.940.950.3-0.99-1.01.01.00.95-0.79-0.990.94-0.991.00.94-1.01.0-1.0
0.941.0-0.990.941.00.5-0.98-0.950.940.941.0-0.56-0.981.0-0.980.941.0-0.950.94-0.95
0.951.0-0.990.951.00.45-0.99-0.960.950.951.0-0.6-0.981.0-0.980.951.0-0.960.95-0.96
0.30.49-0.430.30.50.45-0.41-0.380.30.30.420.32-0.380.47-0.380.30.5-0.380.3-0.38
-0.98-0.981.0-0.99-0.98-0.99-0.410.99-0.98-0.98-0.990.691.0-0.991.0-0.98-0.980.99-0.980.99
-1.0-0.950.99-1.0-0.95-0.96-0.380.99-1.0-1.0-0.960.740.99-0.960.99-1.0-0.951.0-1.01.0
1.00.94-0.981.00.940.950.3-0.98-1.01.00.95-0.79-0.990.94-0.991.00.94-1.01.0-1.0
1.00.94-0.981.00.940.950.3-0.98-1.01.00.95-0.79-0.990.94-0.991.00.94-1.01.0-1.0
0.951.0-0.990.951.01.00.42-0.99-0.960.950.95-0.62-0.981.0-0.980.951.0-0.960.95-0.96
-0.79-0.570.68-0.79-0.56-0.60.320.690.74-0.79-0.79-0.620.72-0.590.71-0.79-0.560.74-0.790.74
-0.99-0.981.0-0.99-0.98-0.98-0.381.00.99-0.99-0.99-0.980.72-0.981.0-0.99-0.980.99-0.990.99
0.941.0-0.990.941.01.00.47-0.99-0.960.940.941.0-0.59-0.98-0.980.941.0-0.960.94-0.96
-0.99-0.981.0-0.99-0.98-0.98-0.381.00.99-0.99-0.99-0.980.711.0-0.98-0.99-0.980.99-0.990.99
1.00.94-0.981.00.940.950.3-0.98-1.01.01.00.95-0.79-0.990.94-0.990.94-1.01.0-1.0
0.941.0-0.990.941.01.00.5-0.98-0.950.940.941.0-0.56-0.981.0-0.980.94-0.950.94-0.95
-1.0-0.950.99-1.0-0.95-0.96-0.380.991.0-1.0-1.0-0.960.740.99-0.960.99-1.0-0.95-1.01.0
1.00.94-0.981.00.940.950.3-0.98-1.01.01.00.95-0.79-0.990.94-0.991.00.94-1.0-1.0
-1.0-0.950.99-1.0-0.95-0.96-0.380.991.0-1.0-1.0-0.960.740.99-0.960.99-1.0-0.951.0-1.0
Click cells to compare fundamentals

Tevogen Bio Account Relationship Matchups

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