SMX Stock | | | 0.35 0.13 59.09% |
SMX Public financial indicator trend analysis is much more than just breaking down SMX Public Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SMX Public Limited is a good investment. Please check the relationship between SMX Public Total Revenue and its Cost Of Revenue accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in SMX Public Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
Total Revenue vs Cost Of Revenue
Total Revenue vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
SMX Public Limited Total Revenue account and
Cost Of Revenue. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between SMX Public's Total Revenue and Cost Of Revenue is -0.62. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of SMX Public Limited, assuming nothing else is changed. The correlation between historical values of SMX Public's Total Revenue and Cost Of 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 Total Revenue of SMX Public Limited are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Total Revenue i.e., SMX Public's Total Revenue and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | -0.62 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Total Revenue
Total revenue comprises all receipts SMX Public Limited generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Cost Of Revenue
Cost of Revenue is found on SMX Public Limited income statement and represents the costs associated with goods and services SMX Public provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most indicators from SMX Public's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SMX Public Limited 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 SMX Public Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
Selling General Administrative is likely to rise to about 17.9
M in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 3.7
M in 2024.
SMX Public fundamental ratios Correlations
Click cells to compare fundamentals
SMX Public Account Relationship Matchups
High Positive Relationship
High Negative Relationship
SMX Public fundamental ratios Accounts
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Additional Tools for SMX Stock Analysis
When running SMX Public's price analysis, check to
measure SMX Public'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 SMX Public is operating at the current time. Most of SMX Public's value examination focuses on studying past and present price action to
predict the probability of SMX Public's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SMX Public's price. Additionally, you may evaluate how the addition of SMX Public to your portfolios can decrease your overall portfolio volatility.