Cyngn Enterprise Value Over E B I T D A from 2010 to 2024
| CYN Stock | USD 6.10 0.43 6.58% |
Enterprise Value Over EBITDA | First Reported 2010-12-31 | Previous Quarter (0.17) | Current Value (0.18) | Quarterly Volatility 0.49510467 |
Check Cyngn financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cyngn's main balance sheet or income statement drivers, such as Net Interest Income of 71.2 K, Interest Income of 37.7 K or Depreciation And Amortization of 1 M, as well as many indicators such as Price To Sales Ratio of 4.06, Dividend Yield of 0.002 or PTB Ratio of 0.98. Cyngn financial statements analysis is a perfect complement when working with Cyngn Valuation or Volatility modules.
Cyngn | Enterprise Value Over E B I T D A |
Latest Cyngn's Enterprise Value Over E B I T D A Growth Pattern
Below is the plot of the Enterprise Value Over E B I T D A of Cyngn Inc over the last few years. It is Cyngn's Enterprise Value Over EBITDA historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cyngn's overall financial position and show how it may be relating to other accounts over time.
| Enterprise Value Over E B I T D A | 10 Years Trend |
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Enterprise Value Over E B I T D A |
| Timeline |
Cyngn Enterprise Value Over E B I T D A Regression Statistics
| Arithmetic Mean | 0.34 | |
| Coefficient Of Variation | 147.62 | |
| Mean Deviation | 0.44 | |
| Median | 0.67 | |
| Standard Deviation | 0.50 | |
| Sample Variance | 0.25 | |
| Range | 1.2638 | |
| R-Value | (0.79) | |
| Mean Square Error | 0.10 | |
| R-Squared | 0.62 | |
| Significance | 0.0005 | |
| Slope | (0.09) | |
| Total Sum of Squares | 3.43 |
Cyngn Enterprise Value Over E B I T D A History
About Cyngn Financial Statements
Cyngn investors utilize fundamental indicators, such as Enterprise Value Over E B I T D A, to predict how Cyngn Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Enterprise Value Over EBITDA | (0.17) | (0.18) |
Pair Trading with Cyngn
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 Cyngn 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 Cyngn will appreciate offsetting losses from the drop in the long position's value.Moving together with Cyngn Stock
Moving against Cyngn Stock
| 0.47 | VERB | VERB TECHNOLOGY PANY Trending | PairCorr |
| 0.47 | VTEX | VTEX | PairCorr |
| 0.33 | DMAN | Innovativ Media Group | PairCorr |
The ability to find closely correlated positions to Cyngn could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cyngn 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 Cyngn - 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 Cyngn Inc to buy it.
The correlation of Cyngn 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 Cyngn moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cyngn Inc 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 Cyngn 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.Check out the analysis of Cyngn Correlation against competitors. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Is Application Software space 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 Cyngn. If investors know Cyngn 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 Cyngn listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (39.49) | Revenue Per Share 0.125 | Quarterly Revenue Growth (0.98) | Return On Assets (1.04) | Return On Equity (1.91) |
The market value of Cyngn Inc is measured differently than its book value, which is the value of Cyngn that is recorded on the company's balance sheet. Investors also form their own opinion of Cyngn's value that differs from its market value or its book value, called intrinsic value, which is Cyngn'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 Cyngn's market value can be influenced by many factors that don't directly affect Cyngn'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 Cyngn's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cyngn is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cyngn'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.