CCC Common Stock vs Net Receivables Analysis

CCCS Stock  USD 12.47  0.13  1.05%   
CCC Intelligent financial indicator trend analysis is way more than just evaluating CCC Intelligent Solutions prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CCC Intelligent Solutions is a good investment. Please check the relationship between CCC Intelligent Common Stock and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CCC Intelligent Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Common Stock vs Net Receivables

Common Stock vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CCC Intelligent Solutions Common Stock account and Net Receivables. At this time, the significance of the direction appears to have almost identical trend.
The correlation between CCC Intelligent's Common Stock and Net Receivables is 0.94. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Net Receivables in the same time period over historical financial statements of CCC Intelligent Solutions, assuming nothing else is changed. The correlation between historical values of CCC Intelligent's Common Stock and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of CCC Intelligent Solutions are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Common Stock i.e., CCC Intelligent's Common Stock and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Common Stock

Net Receivables

Most indicators from CCC Intelligent's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CCC Intelligent Solutions 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 CCC Intelligent Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
At this time, CCC Intelligent's Tax Provision is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 70.47 in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit492.6M568.5M636.2M552.7M
Total Revenue688.3M782.4M866.4M789.0M

CCC Intelligent fundamental ratios Correlations

0.98-0.790.74-0.910.470.970.970.350.891.00.960.950.980.95-0.28-0.940.940.950.85-0.950.74-0.51-0.350.960.74
0.98-0.890.71-0.940.530.971.00.510.910.980.930.950.950.92-0.39-0.950.940.960.92-0.960.78-0.62-0.320.940.78
-0.79-0.89-0.490.9-0.58-0.83-0.91-0.77-0.86-0.78-0.76-0.8-0.72-0.730.580.84-0.8-0.86-0.960.84-0.720.780.17-0.79-0.72
0.740.71-0.49-0.510.180.650.740.260.470.760.560.70.850.57-0.19-0.510.510.520.48-0.520.43-0.32-0.20.510.43
-0.91-0.940.9-0.51-0.4-0.93-0.92-0.47-0.96-0.9-0.94-0.83-0.85-0.930.550.97-0.91-0.98-0.960.95-0.650.740.09-0.95-0.65
0.470.53-0.580.18-0.40.450.550.730.340.420.360.710.370.320.0-0.50.630.50.46-0.590.93-0.27-0.840.490.93
0.970.97-0.830.65-0.930.450.960.340.950.980.980.910.940.96-0.23-0.930.90.960.92-0.940.7-0.47-0.310.960.7
0.971.0-0.910.74-0.920.550.960.550.890.960.910.950.940.89-0.38-0.920.910.940.92-0.930.78-0.62-0.330.910.78
0.350.51-0.770.26-0.470.730.340.550.330.320.220.520.30.18-0.57-0.430.460.410.56-0.460.68-0.71-0.280.330.68
0.890.91-0.860.47-0.960.340.950.890.330.90.960.780.830.95-0.37-0.920.850.960.96-0.910.57-0.56-0.10.930.57
1.00.98-0.780.76-0.90.420.980.960.320.90.960.930.990.96-0.27-0.930.910.940.85-0.930.7-0.49-0.310.950.7
0.960.93-0.760.56-0.940.360.980.910.220.960.960.860.911.0-0.26-0.960.910.980.88-0.950.63-0.47-0.230.980.63
0.950.95-0.80.7-0.830.710.910.950.520.780.930.860.920.84-0.2-0.890.940.90.79-0.930.91-0.48-0.580.90.91
0.980.95-0.720.85-0.850.370.940.940.30.830.990.910.920.91-0.26-0.880.870.880.78-0.880.67-0.47-0.30.890.67
0.950.92-0.730.57-0.930.320.960.890.180.950.961.00.840.91-0.26-0.950.910.970.86-0.940.61-0.47-0.210.980.61
-0.28-0.390.58-0.190.550.0-0.23-0.38-0.57-0.37-0.27-0.26-0.2-0.26-0.260.45-0.35-0.38-0.480.36-0.140.95-0.49-0.31-0.14
-0.94-0.950.84-0.510.97-0.5-0.93-0.92-0.43-0.92-0.93-0.96-0.89-0.88-0.950.45-0.98-0.99-0.90.99-0.750.660.26-0.99-0.75
0.940.94-0.80.51-0.910.630.90.910.460.850.910.910.940.870.91-0.35-0.980.960.83-0.990.85-0.59-0.440.970.85
0.950.96-0.860.52-0.980.50.960.940.410.960.940.980.90.880.97-0.38-0.990.960.93-0.990.74-0.61-0.280.990.74
0.850.92-0.960.48-0.960.460.920.920.560.960.850.880.790.780.86-0.48-0.90.830.93-0.890.64-0.68-0.110.880.64
-0.95-0.960.84-0.520.95-0.59-0.94-0.93-0.46-0.91-0.93-0.95-0.93-0.88-0.940.360.99-0.99-0.99-0.89-0.820.60.38-0.99-0.82
0.740.78-0.720.43-0.650.930.70.780.680.570.70.630.910.670.61-0.14-0.750.850.740.64-0.82-0.42-0.770.741.0
-0.51-0.620.78-0.320.74-0.27-0.47-0.62-0.71-0.56-0.49-0.47-0.48-0.47-0.470.950.66-0.59-0.61-0.680.6-0.42-0.23-0.54-0.42
-0.35-0.320.17-0.20.09-0.84-0.31-0.33-0.28-0.1-0.31-0.23-0.58-0.3-0.21-0.490.26-0.44-0.28-0.110.38-0.77-0.23-0.33-0.77
0.960.94-0.790.51-0.950.490.960.910.330.930.950.980.90.890.98-0.31-0.990.970.990.88-0.990.74-0.54-0.330.74
0.740.78-0.720.43-0.650.930.70.780.680.570.70.630.910.670.61-0.14-0.750.850.740.64-0.821.0-0.42-0.770.74
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CCC Intelligent Account Relationship Matchups

Thematic Opportunities

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Additional Tools for CCC Stock Analysis

When running CCC Intelligent's price analysis, check to measure CCC Intelligent'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 CCC Intelligent is operating at the current time. Most of CCC Intelligent's value examination focuses on studying past and present price action to predict the probability of CCC Intelligent's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CCC Intelligent's price. Additionally, you may evaluate how the addition of CCC Intelligent to your portfolios can decrease your overall portfolio volatility.