Cheche Cash And Short Term Investments vs Common Stock Analysis
CCGWW Stock | 0.02 0 10.59% |
Cheche Group financial indicator trend analysis is way more than just evaluating Cheche Group Warrant prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cheche Group Warrant is a good investment. Please check the relationship between Cheche Group Cash And Short Term Investments and its Common Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cheche Group Warrant. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
Cash And Short Term Investments vs Common Stock
Cash And Short Term Investments vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cheche Group Warrant Cash And Short Term Investments account and Common Stock. At this time, the significance of the direction appears to have pay attention.
The correlation between Cheche Group's Cash And Short Term Investments and Common Stock is -0.81. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Common Stock in the same time period over historical financial statements of Cheche Group Warrant, assuming nothing else is changed. The correlation between historical values of Cheche Group's Cash And Short Term Investments 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 Cash And Short Term Investments of Cheche Group Warrant 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 Cash And Short Term Investments i.e., Cheche Group's Cash And Short Term Investments and Common Stock go up and down completely randomly.
Correlation Coefficient | -0.81 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Cheche Group Warrant balance sheet. This account contains Cheche Group investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Cheche Group Warrant fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Common Stock
Most indicators from Cheche Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cheche Group Warrant 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 Cheche Group Warrant. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. At this time, Cheche Group's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 211 M in 2024, whereas Tax Provision is likely to drop (381.1 K) in 2024.
2015 | 2022 | 2023 | 2024 (projected) | Interest Expense | 6.5M | 3.3M | 1.4M | 1.4M | Depreciation And Amortization | 14.8M | 11.4M | 11.6M | 13.9M |
Cheche Group fundamental ratios Correlations
Click cells to compare fundamentals
Cheche Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Cheche Stock Analysis
When running Cheche Group's price analysis, check to measure Cheche Group'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 Cheche Group is operating at the current time. Most of Cheche Group's value examination focuses on studying past and present price action to predict the probability of Cheche Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cheche Group's price. Additionally, you may evaluate how the addition of Cheche Group to your portfolios can decrease your overall portfolio volatility.