| POET Stock | | | USD 1.73 0.05 2.81% |
POET Technologies financial indicator trend analysis is much more than just breaking down POET Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether POET Technologies is a good investment. Please check the relationship between POET Technologies Good Will and its Short Term Investments accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in POET Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as
signals in income.
For more information on how to buy POET Stock please use our
How to Invest in POET Technologies guide.
Good Will vs Short Term Investments
Good Will vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
POET Technologies Good Will account and
Short Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between POET Technologies' Good Will and Short Term Investments is -0.4. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of POET Technologies, assuming nothing else is changed. The correlation between historical values of POET Technologies' Good Will and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of POET Technologies are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Good Will i.e., POET Technologies' Good Will and Short Term Investments go up and down completely randomly.
Correlation Coefficient | -0.4 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Short Term Investments
Short Term Investments is an item under the current assets section of POET Technologies balance sheet. It contains any investments POET Technologies undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that POET Technologies can easily liquidate in the marketplace.
Most indicators from POET Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into POET 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
Your Equity Center to better understand how to build diversified portfolios, which includes a position in POET Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as
signals in income.
For more information on how to buy POET Stock please use our
How to Invest in POET Technologies guide.At this time, POET Technologies'
Sales General And Administrative To Revenue is comparatively stable compared to the past year.
Enterprise Value is likely to gain to about 63.6
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 7.9
M in 2024.
POET Technologies fundamental ratios Correlations
Click cells to compare fundamentals
POET Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
POET Technologies fundamental ratios Accounts
Additional Tools for POET Stock Analysis
When running POET Technologies' price analysis, check to
measure POET 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 POET Technologies is operating at the current time. Most of POET Technologies' value examination focuses on studying past and present price action to
predict the probability of POET Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move POET Technologies' price. Additionally, you may evaluate how the addition of POET Technologies to your portfolios can decrease your overall portfolio volatility.