Quantumscape Ebitda vs Net Income Analysis
| QS Stock | USD 5.69 0.05 0.89% |
Quantumscape Corp financial indicator trend analysis is much more than just breaking down Quantumscape Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Quantumscape Corp is a good investment. Please check the relationship between Quantumscape Corp Ebitda and its Net Income accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Quantumscape 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 state. For more information on how to buy Quantumscape Stock please use our How to Invest in Quantumscape Corp guide.
Ebitda vs Net Income
Ebitda vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Quantumscape Corp Ebitda account and Net Income. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Quantumscape Corp's Ebitda and Net Income is 0.49. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Net Income in the same time period over historical financial statements of Quantumscape Corp, assuming nothing else is changed. The correlation between historical values of Quantumscape Corp's Ebitda and Net 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 Ebitda of Quantumscape Corp are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Ebitda i.e., Quantumscape Corp's Ebitda and Net Income go up and down completely randomly.
Correlation Coefficient | 0.49 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Ebitda
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Quantumscape Corp financial statement analysis. It represents the amount of money remaining after all of Quantumscape Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most indicators from Quantumscape Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Quantumscape 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Quantumscape 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 state. For more information on how to buy Quantumscape Stock please use our How to Invest in Quantumscape Corp guide.Selling General Administrative is likely to drop to about 75.6 M in 2024. Issuance Of Capital Stock is likely to drop to about 248.1 M in 2024
| 2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 215.3M | 420.6M | 415.5M | 261.4M | Cost Of Revenue | 14.7M | 36.1M | 42.0M | 23.7M |
Quantumscape Corp fundamental ratios Correlations
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Quantumscape Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Quantumscape Corp fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Other Current Liab | 3.3M | 5.7M | 15.2M | 20.5M | 49.2M | 51.6M | |
| Total Current Liabilities | 7.2M | 12.4M | 30.6M | 46.8M | 57.1M | 29.2M | |
| Other Liab | 436K | 689.7M | 315K | 8.5M | 9.8M | 9.3M | |
| Net Tangible Assets | 148.7M | 1.0B | 1.6B | 1.3B | 1.5B | 858.1M | |
| Retained Earnings | (295.9M) | (1.4B) | (2.0B) | (2.4B) | (2.9B) | (2.7B) | |
| Accounts Payable | 2.9M | 5.4M | 14.2M | 21.4M | 13.0M | 10.6M | |
| Other Assets | 2.8M | 2.2M | 18.2M | 18.4M | 21.1M | 22.2M | |
| Other Stockholder Equity | 444.4M | 2.4B | 3.6B | 3.8B | 4.2B | 2.7B | |
| Total Current Assets | 131.2M | 1.0B | 1.5B | 1.1B | 1.1B | 905.6M | |
| Common Stock | 24K | 36K | 43K | 44K | 49K | 36.1K | |
| Property Plant Equipment | 38.4M | 55.4M | 234.0M | 384.7M | 442.4M | 464.6M |
Pair Trading with Quantumscape Corp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Quantumscape Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Quantumscape Corp will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Quantumscape Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Quantumscape Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Quantumscape Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Quantumscape Corp to buy it.
The correlation of Quantumscape Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Quantumscape Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Quantumscape Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Quantumscape Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Quantumscape Stock Analysis
When running Quantumscape Corp's price analysis, check to measure Quantumscape Corp'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 Quantumscape Corp is operating at the current time. Most of Quantumscape Corp's value examination focuses on studying past and present price action to predict the probability of Quantumscape Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Quantumscape Corp's price. Additionally, you may evaluate how the addition of Quantumscape Corp to your portfolios can decrease your overall portfolio volatility.