CBIT Stock | | | 0.08 0.01 6.67% |
Cathedra Bitcoin financial indicator trend analysis is way more than just evaluating Cathedra Bitcoin prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cathedra Bitcoin is a good investment. Please check the relationship between Cathedra Bitcoin Days Of Inventory On Hand and its Capex To Revenue accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Cathedra Bitcoin. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
Days Of Inventory On Hand vs Capex To Revenue
Days Of Inventory On Hand vs Capex To Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Cathedra Bitcoin Days Of Inventory On Hand account and
Capex To Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Cathedra Bitcoin's Days Of Inventory On Hand and Capex To Revenue is -0.12. Overlapping area represents the amount of variation of Days Of Inventory On Hand that can explain the historical movement of Capex To Revenue in the same time period over historical financial statements of Cathedra Bitcoin, assuming nothing else is changed. The correlation between historical values of Cathedra Bitcoin's Days Of Inventory On Hand and Capex To Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Days Of Inventory On Hand of Cathedra Bitcoin are associated (or correlated) with its Capex To Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Revenue has no effect on the direction of Days Of Inventory On Hand i.e., Cathedra Bitcoin's Days Of Inventory On Hand and Capex To Revenue go up and down completely randomly.
Correlation Coefficient | -0.12 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Days Of Inventory On Hand
Capex To Revenue
The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.
Most indicators from Cathedra Bitcoin's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cathedra Bitcoin 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 Cathedra Bitcoin. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
At this time, Cathedra Bitcoin's
Tax Provision is fairly stable compared to the past year.
Enterprise Value Over EBITDA is likely to climb to 7.18 in 2024, whereas
Issuance Of Capital Stock is likely to drop 0.00 in 2024.
Cathedra Bitcoin fundamental ratios Correlations
Click cells to compare fundamentals
Cathedra Bitcoin Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Cathedra Bitcoin fundamental ratios Accounts
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Additional Tools for Cathedra Stock Analysis
When running Cathedra Bitcoin's price analysis, check to
measure Cathedra Bitcoin'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 Cathedra Bitcoin is operating at the current time. Most of Cathedra Bitcoin's value examination focuses on studying past and present price action to
predict the probability of Cathedra Bitcoin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cathedra Bitcoin's price. Additionally, you may evaluate how the addition of Cathedra Bitcoin to your portfolios can decrease your overall portfolio volatility.