0HRR Stock | | | 19.58 0.91 4.87% |
CVR Energy financial indicator trend analysis is way more than just evaluating CVR Energy prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CVR Energy is a good investment. Please check the relationship between CVR Energy Net Income and its Investments accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in CVR 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 CVR Stock please use our
How to Invest in CVR Energy guide.
Net Income vs Investments
Net Income vs Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
CVR Energy Net Income account and
Investments. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between CVR Energy's Net Income and Investments is 0.57. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Investments in the same time period over historical financial statements of CVR Energy, assuming nothing else is changed. The correlation between historical values of CVR Energy's Net Income and Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of CVR Energy are associated (or correlated) with its Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Investments has no effect on the direction of Net Income i.e., CVR Energy's Net Income and Investments go up and down completely randomly.
Correlation Coefficient | 0.57 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in CVR Energy financial statement analysis. It represents the amount of money remaining after all of CVR Energy operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Investments
Securities or assets acquired for generating income or appreciating in value, not used in daily operations.
Most indicators from CVR Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CVR 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 CVR 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 CVR Stock please use our
How to Invest in CVR Energy guide.
Selling General Administrative is likely to gain to about 86.1
M in 2024, despite the fact that
Tax Provision is likely to grow to (81.2
M).
CVR Energy fundamental ratios Correlations
Click cells to compare fundamentals
CVR Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
CVR Energy fundamental ratios Accounts
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Additional Tools for CVR Stock Analysis
When running CVR Energy's price analysis, check to
measure CVR 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 CVR Energy is operating at the current time. Most of CVR Energy's value examination focuses on studying past and present price action to
predict the probability of CVR 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 CVR Energy's price. Additionally, you may evaluate how the addition of CVR Energy to your portfolios can decrease your overall portfolio volatility.