IMOS Stock | | | USD 19.73 0.20 1.02% |
ChipMOS Technologies financial indicator trend analysis is way more than just evaluating ChipMOS Technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ChipMOS Technologies is a good investment. Please check the relationship between ChipMOS Technologies Net Receivables and its Other Stockholder Equity accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ChipMOS Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
For more information on how to buy ChipMOS Stock please use our
How to Invest in ChipMOS Technologies guide.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
ChipMOS Technologies Net Receivables account and
Other Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between ChipMOS Technologies' Net Receivables and Other Stockholder Equity is 0.67. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of ChipMOS Technologies, assuming nothing else is changed. The correlation between historical values of ChipMOS Technologies' Net Receivables and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of ChipMOS Technologies are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Net Receivables i.e., ChipMOS Technologies' Net Receivables and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.67 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Most indicators from ChipMOS Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ChipMOS Technologies 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 ChipMOS Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
For more information on how to buy ChipMOS Stock please use our
How to Invest in ChipMOS Technologies guide.At this time, ChipMOS Technologies'
Sales General And Administrative To Revenue is comparatively stable compared to the past year.
Enterprise Value Over EBITDA is likely to gain to 96.48 in 2024, whereas
Selling General Administrative is likely to drop slightly above 468
M in 2024.
When running ChipMOS Technologies' price analysis, check to
measure ChipMOS Technologies' 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 ChipMOS Technologies is operating at the current time. Most of ChipMOS Technologies' value examination focuses on studying past and present price action to
predict the probability of ChipMOS Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ChipMOS Technologies' price. Additionally, you may evaluate how the addition of ChipMOS Technologies to your portfolios can decrease your overall portfolio volatility.