Candel Cash Per Share vs Price Cash Flow Ratio Analysis
CADL Stock | USD 4.95 0.33 7.14% |
Candel Therapeutics financial indicator trend analysis is way more than just evaluating Candel Therapeutics prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Candel Therapeutics is a good investment. Please check the relationship between Candel Therapeutics Cash Per Share and its Price Cash Flow Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Candel Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For more information on how to buy Candel Stock please use our How to buy in Candel Stock guide.
Cash Per Share vs Price Cash Flow Ratio
Cash Per Share vs Price Cash Flow Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Candel Therapeutics Cash Per Share account and Price Cash Flow Ratio. At this time, the significance of the direction appears to have weak relationship.
The correlation between Candel Therapeutics' Cash Per Share and Price Cash Flow Ratio is 0.36. Overlapping area represents the amount of variation of Cash Per Share that can explain the historical movement of Price Cash Flow Ratio in the same time period over historical financial statements of Candel Therapeutics, assuming nothing else is changed. The correlation between historical values of Candel Therapeutics' Cash Per Share and Price Cash Flow 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 Cash Per Share of Candel Therapeutics are associated (or correlated) with its Price Cash Flow Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price Cash Flow Ratio has no effect on the direction of Cash Per Share i.e., Candel Therapeutics' Cash Per Share and Price Cash Flow Ratio go up and down completely randomly.
Correlation Coefficient | 0.36 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Cash Per Share
Price Cash Flow Ratio
Most indicators from Candel Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Candel Therapeutics 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 Candel Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For more information on how to buy Candel Stock please use our How to buy in Candel Stock guide.The value of Selling General Administrative is expected to slide to about 10.2 M. Issuance Of Capital Stock is expected to grow at the current pace this year
2021 | 2023 | 2024 (projected) | Depreciation And Amortization | 232K | 960K | 596.5K | Interest Income | 1.2M | 2.1M | 1.2M |
Candel Therapeutics fundamental ratios Correlations
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Candel Therapeutics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Is Biotechnology 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 Candel Therapeutics. If investors know Candel 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 Candel Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.73) | Revenue Per Share 0.001 | Return On Assets (0.52) | Return On Equity (4.81) |
The market value of Candel Therapeutics is measured differently than its book value, which is the value of Candel that is recorded on the company's balance sheet. Investors also form their own opinion of Candel Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Candel Therapeutics' 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 Candel Therapeutics' market value can be influenced by many factors that don't directly affect Candel Therapeutics' 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 Candel Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Candel Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Candel Therapeutics' 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.