VNET Stock | | | USD 3.75 0.58 13.39% |
VNET Group financial indicator trend analysis is much more than just breaking down VNET Group DRC prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether VNET Group DRC is a good investment. Please check the relationship between VNET Group Research Development and its Operating Income accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in VNET Group DRC. 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.
Research Development vs Operating Income
Research Development vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
VNET Group DRC Research Development account and
Operating Income. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between VNET Group's Research Development and Operating Income is -0.66. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Operating Income in the same time period over historical financial statements of VNET Group DRC, assuming nothing else is changed. The correlation between historical values of VNET Group's Research Development and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Research Development of VNET Group DRC are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Research Development i.e., VNET Group's Research Development and Operating Income go up and down completely randomly.
Correlation Coefficient | -0.66 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Research Development
Operating Income
Operating Income is the amount of profit realized from VNET Group DRC operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of VNET Group DRC is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from VNET Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into VNET Group DRC 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 VNET Group DRC. 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 gain to about 18.9
B in 2024, whereas
Selling General Administrative is likely to drop slightly above 471.2
M in 2024.
VNET Group fundamental ratios Correlations
Click cells to compare fundamentals
VNET Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
VNET Group fundamental ratios Accounts
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for VNET Stock Analysis
When running VNET Group's price analysis, check to
measure VNET Group'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 VNET Group is operating at the current time. Most of VNET Group's value examination focuses on studying past and present price action to
predict the probability of VNET Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move VNET Group's price. Additionally, you may evaluate how the addition of VNET Group to your portfolios can decrease your overall portfolio volatility.