| AIHS Stock | | | USD 1.15 0.03 2.54% |
Senmiao Technology financial indicator trend analysis is much more than just breaking down Senmiao Technology prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Senmiao Technology is a good investment. Please check the relationship between Senmiao Technology Common Stock Total Equity and its Current Deferred Revenue accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Senmiao Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in rate.
For more information on how to buy Senmiao Stock please use our
How to Invest in Senmiao Technology guide.
Common Stock Total Equity vs Current Deferred Revenue
Common Stock Total Equity vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Senmiao Technology Common Stock Total Equity account and
Current Deferred Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Senmiao Technology's Common Stock Total Equity and Current Deferred Revenue is 0.92. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Senmiao Technology, assuming nothing else is changed. The correlation between historical values of Senmiao Technology's Common Stock Total Equity and Current Deferred Revenue 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 Total Equity of Senmiao Technology are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Common Stock Total Equity i.e., Senmiao Technology's Common Stock Total Equity and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | 0.92 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Most indicators from Senmiao Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Senmiao Technology 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in Senmiao Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in rate.
For more information on how to buy Senmiao Stock please use our
How to Invest in Senmiao Technology guide.At this time, Senmiao Technology's
Discontinued Operations is comparatively stable compared to the past year.
Sales General And Administrative To Revenue is likely to gain to 0.74 in 2024, whereas
Selling General Administrative is likely to drop slightly above 4.2
M in 2024.
Senmiao Technology fundamental ratios Correlations
Click cells to compare fundamentals
Senmiao Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Senmiao Technology fundamental ratios Accounts
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Additional Tools for Senmiao Stock Analysis
When running Senmiao Technology's price analysis, check to
measure Senmiao Technology'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 Senmiao Technology is operating at the current time. Most of Senmiao Technology's value examination focuses on studying past and present price action to
predict the probability of Senmiao Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Senmiao Technology's price. Additionally, you may evaluate how the addition of Senmiao Technology to your portfolios can decrease your overall portfolio volatility.