LEV Stock | | | USD 0.07 0.18 71.96% |
Lion Electric financial indicator trend analysis is infinitely more than just investigating Lion Electric Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lion Electric Corp is a good investment. Please check the relationship between Lion Electric Property Plant Equipment and its Property Plant And Equipment Net accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lion Electric Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
Property Plant Equipment vs Property Plant And Equipment Net
Property Plant Equipment vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Lion Electric Corp Property Plant Equipment account and
Property Plant And Equipment Net. At this time, the significance of the direction appears to have totally related.
The correlation between Lion Electric's Property Plant Equipment and Property Plant And Equipment Net is 1.0. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Lion Electric Corp, assuming nothing else is changed. The correlation between historical values of Lion Electric's Property Plant Equipment and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Lion Electric Corp are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Property Plant Equipment i.e., Lion Electric's Property Plant Equipment and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | 1.0 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Property Plant Equipment
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Lion Electric's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lion Electric Corp 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
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lion Electric Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
Enterprise Value is likely to climb to about 1
B in 2024, whereas
Selling General Administrative is likely to drop slightly above 44.6
M in 2024.
Lion Electric fundamental ratios Correlations
Click cells to compare fundamentals
Lion Electric Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lion Electric fundamental ratios Accounts
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measure Lion Electric'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 Lion Electric is operating at the current time. Most of Lion Electric's value examination focuses on studying past and present price action to
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