0A60 Stock | | | 8.40 0.19 2.21% |
FuelCell Energy financial indicator trend analysis is much more than just examining FuelCell Energy latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether FuelCell Energy is a good investment. Please check the relationship between FuelCell Energy Cash and its Common Stock Shares Outstanding accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in FuelCell Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
For more information on how to buy FuelCell Stock please use our
How to Invest in FuelCell Energy guide.
Cash vs Common Stock Shares Outstanding
Cash vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
FuelCell Energy Cash account and
Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong relationship.
The correlation between FuelCell Energy's Cash and Common Stock Shares Outstanding is 0.77. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of FuelCell Energy, assuming nothing else is changed. The correlation between historical values of FuelCell Energy's Cash and Common Stock Shares Outstanding 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 of FuelCell Energy are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Cash i.e., FuelCell Energy's Cash and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | 0.77 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Cash
Cash refers to the most liquid asset of FuelCell Energy, which is listed under current asset account on FuelCell Energy balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from FuelCell Energy customers. The amounts must be unrestricted with restricted cash listed in a different FuelCell Energy account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from FuelCell Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into FuelCell Energy 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in FuelCell Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
For more information on how to buy FuelCell Stock please use our
How to Invest in FuelCell Energy guide.
Tax Provision is likely to gain to 2,415 in 2024, whereas
Selling General Administrative is likely to drop slightly above 29.9
M in 2024.
FuelCell Energy fundamental ratios Correlations
Click cells to compare fundamentals
FuelCell Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
FuelCell Energy fundamental ratios Accounts
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Additional Tools for FuelCell Stock Analysis
When running FuelCell Energy's price analysis, check to
measure FuelCell Energy'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 FuelCell Energy is operating at the current time. Most of FuelCell Energy's value examination focuses on studying past and present price action to
predict the probability of FuelCell Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FuelCell Energy's price. Additionally, you may evaluate how the addition of FuelCell Energy to your portfolios can decrease your overall portfolio volatility.