SSYS Stock | | | USD 7.79 0.66 9.26% |
Stratasys financial indicator trend analysis is much more than just breaking down Stratasys prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Stratasys is a good investment. Please check the relationship between Stratasys Net Receivables and its Property Plant Equipment accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Stratasys. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in manufacturing.
For more information on how to buy Stratasys Stock please use our
How to Invest in Stratasys guide.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Stratasys Net Receivables account and
Property Plant Equipment. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Stratasys' Net Receivables and Property Plant Equipment is 0.89. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Stratasys, assuming nothing else is changed. The correlation between historical values of Stratasys' Net Receivables and Property Plant Equipment 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 Stratasys are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Net Receivables i.e., Stratasys' Net Receivables and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.89 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Most indicators from Stratasys' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Stratasys 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 Stratasys. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in manufacturing.
For more information on how to buy Stratasys Stock please use our
How to Invest in Stratasys guide.At this time, Stratasys'
Tax Provision is comparatively stable compared to the past year.
Sales General And Administrative To Revenue is likely to gain to 0.45 in 2024, whereas
Issuance Of Capital Stock is likely to drop 0.00 in 2024.
When running Stratasys' price analysis, check to
measure Stratasys' 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 Stratasys is operating at the current time. Most of Stratasys' value examination focuses on studying past and present price action to
predict the probability of Stratasys' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stratasys' price. Additionally, you may evaluate how the addition of Stratasys to your portfolios can decrease your overall portfolio volatility.