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 Retained Earnings and its Common Stock 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.
Retained Earnings vs Common Stock
Retained Earnings vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
CVR Energy Retained Earnings account and
Common Stock. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between CVR Energy's Retained Earnings and Common Stock is -0.66. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Common Stock 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 Retained Earnings 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 Retained Earnings of CVR Energy 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 Retained Earnings i.e., CVR Energy's Retained Earnings and Common Stock go up and down completely randomly.
Correlation Coefficient | -0.66 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Common Stock
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.