Rocket Cash And Short Term Investments vs Common Stock Analysis
| RKLB Stock | USD 4.37 0.04 0.92% |
Rocket Lab financial indicator trend analysis is much more than just breaking down Rocket Lab USA prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rocket Lab USA is a good investment. Please check the relationship between Rocket Lab Cash And Short Term Investments and its Common Stock accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rocket Lab USA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Cash And Short Term Investments vs Common Stock
Cash And Short Term Investments vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rocket Lab USA Cash And Short Term Investments account and Common Stock. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Rocket Lab's Cash And Short Term Investments and Common Stock is 0.86. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Common Stock in the same time period over historical financial statements of Rocket Lab USA, assuming nothing else is changed. The correlation between historical values of Rocket Lab's Cash And Short Term Investments and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Rocket Lab USA are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Cash And Short Term Investments i.e., Rocket Lab's Cash And Short Term Investments and Common Stock go up and down completely randomly.
Correlation Coefficient | 0.86 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Rocket Lab USA balance sheet. This account contains Rocket Lab investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Rocket Lab USA fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Common Stock
Most indicators from Rocket Lab's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rocket Lab USA 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 Rocket Lab USA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. At present, Rocket Lab's Tax Provision is projected to decrease significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 2.8 B, whereas Selling General Administrative is forecasted to decline to about 77 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 100.2M | 154.2M | 228.0M | 122.6M | Cost Of Revenue | 64.1M | 192.0M | 193.2M | 120.1M |
Rocket Lab fundamental ratios Correlations
Click cells to compare fundamentals
Rocket Lab Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Rocket Lab USA offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Rocket Lab's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Rocket Lab Usa Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rocket Lab Usa Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rocket Lab USA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
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When running Rocket Lab's price analysis, check to measure Rocket Lab'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 Rocket Lab is operating at the current time. Most of Rocket Lab's value examination focuses on studying past and present price action to predict the probability of Rocket Lab's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rocket Lab's price. Additionally, you may evaluate how the addition of Rocket Lab to your portfolios can decrease your overall portfolio volatility.
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Is Rocket Lab's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Rocket Lab. If investors know Rocket will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Rocket Lab listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.37) | Revenue Per Share 0.582 | Quarterly Revenue Growth 0.69 | Return On Assets (0.10) | Return On Equity (0.32) |
The market value of Rocket Lab USA is measured differently than its book value, which is the value of Rocket that is recorded on the company's balance sheet. Investors also form their own opinion of Rocket Lab's value that differs from its market value or its book value, called intrinsic value, which is Rocket Lab's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Rocket Lab's market value can be influenced by many factors that don't directly affect Rocket Lab's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Rocket Lab's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rocket Lab is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rocket Lab's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.