Hapbee Capex To Depreciation vs Pb Ratio Analysis

HAPB Stock  CAD 0.1  0.03  20.83%   
Hapbee Technologies financial indicator trend analysis is much more than just examining Hapbee Technologies latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hapbee Technologies is a good investment. Please check the relationship between Hapbee Technologies Capex To Depreciation and its Pb Ratio accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hapbee Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Capex To Depreciation vs Pb Ratio

Capex To Depreciation vs Pb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hapbee Technologies Capex To Depreciation account and Pb Ratio. At this time, the significance of the direction appears to have weak relationship.
The correlation between Hapbee Technologies' Capex To Depreciation and Pb Ratio is 0.3. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Pb Ratio in the same time period over historical financial statements of Hapbee Technologies, assuming nothing else is changed. The correlation between historical values of Hapbee Technologies' Capex To Depreciation and Pb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Depreciation of Hapbee Technologies are associated (or correlated) with its Pb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pb Ratio has no effect on the direction of Capex To Depreciation i.e., Hapbee Technologies' Capex To Depreciation and Pb Ratio go up and down completely randomly.

Correlation Coefficient

0.3
Relationship DirectionPositive 
Relationship StrengthVery Weak

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.

Pb Ratio

Most indicators from Hapbee Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hapbee 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hapbee Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
At this time, Hapbee Technologies' Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 4.76 in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 514.8 K in 2024.

Hapbee Technologies fundamental ratios Correlations

-0.560.20.06-0.45-0.77-0.380.330.960.740.670.96-0.120.650.67-0.070.980.480.690.740.450.060.540.120.060.23
-0.56-0.870.750.96-0.030.97-0.92-0.33-0.870.03-0.34-0.69-0.970.030.85-0.43-0.980.15-0.87-0.960.56-0.88-0.660.56-0.87
0.2-0.87-0.86-0.940.35-0.950.94-0.030.66-0.45-0.020.910.84-0.45-0.940.080.94-0.510.660.95-0.570.880.68-0.571.0
0.060.75-0.860.81-0.670.86-0.740.31-0.50.60.29-0.91-0.70.60.970.22-0.770.71-0.5-0.770.88-0.67-0.520.88-0.82
-0.450.96-0.940.81-0.160.99-0.95-0.19-0.870.26-0.2-0.76-0.930.260.91-0.3-0.980.32-0.87-0.970.62-0.95-0.720.62-0.95
-0.77-0.030.35-0.67-0.16-0.240.17-0.9-0.21-0.88-0.890.62-0.06-0.88-0.54-0.860.1-0.95-0.210.1-0.660.020.2-0.660.3
-0.380.97-0.950.860.99-0.24-0.95-0.12-0.820.28-0.14-0.81-0.920.280.95-0.23-0.980.37-0.82-0.970.66-0.9-0.710.66-0.95
0.33-0.920.94-0.74-0.950.17-0.950.090.77-0.250.10.760.83-0.25-0.890.210.96-0.360.770.95-0.450.850.86-0.450.95
0.96-0.33-0.030.31-0.19-0.9-0.120.090.510.81.0-0.310.450.80.20.990.240.860.510.230.290.32-0.130.290.0
0.74-0.870.66-0.5-0.87-0.21-0.820.770.510.080.520.340.840.08-0.640.590.820.051.00.78-0.460.870.64-0.460.68
0.670.03-0.450.60.26-0.880.28-0.250.80.080.8-0.60.031.00.520.77-0.160.950.08-0.160.54-0.24-0.30.54-0.43
0.96-0.34-0.020.29-0.2-0.89-0.140.11.00.520.8-0.30.460.80.180.990.250.850.520.240.270.33-0.120.270.01
-0.12-0.690.91-0.91-0.760.62-0.810.76-0.310.34-0.6-0.30.67-0.6-0.9-0.220.78-0.690.340.81-0.640.660.48-0.640.89
0.65-0.970.84-0.7-0.93-0.06-0.920.830.450.840.030.460.670.03-0.780.540.95-0.040.840.95-0.520.90.47-0.520.84
0.670.03-0.450.60.26-0.880.28-0.250.80.081.00.8-0.60.030.520.77-0.160.950.08-0.160.54-0.24-0.30.54-0.43
-0.070.85-0.940.970.91-0.540.95-0.890.2-0.640.520.18-0.9-0.780.520.09-0.890.64-0.64-0.880.78-0.78-0.70.78-0.92
0.98-0.430.080.22-0.3-0.86-0.230.210.990.590.770.99-0.220.540.770.090.350.80.590.340.230.41-0.020.230.11
0.48-0.980.94-0.77-0.980.1-0.980.960.240.82-0.160.250.780.95-0.16-0.890.35-0.250.821.0-0.520.910.7-0.520.95
0.690.15-0.510.710.32-0.950.37-0.360.860.050.950.85-0.69-0.040.950.640.8-0.250.05-0.250.61-0.21-0.420.61-0.48
0.74-0.870.66-0.5-0.87-0.21-0.820.770.511.00.080.520.340.840.08-0.640.590.820.050.78-0.460.870.64-0.460.68
0.45-0.960.95-0.77-0.970.1-0.970.950.230.78-0.160.240.810.95-0.16-0.880.341.0-0.250.78-0.490.90.66-0.490.96
0.060.56-0.570.880.62-0.660.66-0.450.29-0.460.540.27-0.64-0.520.540.780.23-0.520.61-0.46-0.49-0.5-0.291.0-0.52
0.54-0.880.88-0.67-0.950.02-0.90.850.320.87-0.240.330.660.9-0.24-0.780.410.91-0.210.870.9-0.50.59-0.50.9
0.12-0.660.68-0.52-0.720.2-0.710.86-0.130.64-0.3-0.120.480.47-0.3-0.7-0.020.7-0.420.640.66-0.290.59-0.290.72
0.060.56-0.570.880.62-0.660.66-0.450.29-0.460.540.27-0.64-0.520.540.780.23-0.520.61-0.46-0.491.0-0.5-0.29-0.52
0.23-0.871.0-0.82-0.950.3-0.950.950.00.68-0.430.010.890.84-0.43-0.920.110.95-0.480.680.96-0.520.90.72-0.52
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Hapbee Technologies Account Relationship Matchups

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