CEPU Stock | | | USD 13.97 0.08 0.58% |
Central Puerto financial indicator trend analysis is way more than just evaluating Central Puerto SA prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Central Puerto SA is a good investment. Please check the relationship between Central Puerto Net Receivables and its Cash accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Central Puerto SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in american community survey.
Net Receivables vs Cash
Net Receivables vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Central Puerto SA Net Receivables account and
Cash. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Central Puerto's Net Receivables and Cash is 0.98. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Cash in the same time period over historical financial statements of Central Puerto SA, assuming nothing else is changed. The correlation between historical values of Central Puerto's Net Receivables and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Central Puerto SA are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Net Receivables i.e., Central Puerto's Net Receivables and Cash go up and down completely randomly.
Correlation Coefficient | 0.98 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Net Receivables
Cash
Cash refers to the most liquid asset of Central Puerto SA, which is listed under current asset account on Central Puerto SA balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Central Puerto customers. The amounts must be unrestricted with restricted cash listed in a different Central Puerto account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Central Puerto's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Central Puerto SA 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 Central Puerto SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in american community survey.
At this time, Central Puerto's
Selling General Administrative is comparatively stable compared to the past year.
Enterprise Value Over EBITDA is likely to gain to 6.75 in 2024, whereas
Enterprise Value is likely to drop slightly above 96.3
B in 2024.
Central Puerto fundamental ratios Correlations
Click cells to compare fundamentals
Central Puerto Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Central Puerto fundamental ratios Accounts
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for Central Stock Analysis
When running Central Puerto's price analysis, check to
measure Central Puerto'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 Central Puerto is operating at the current time. Most of Central Puerto's value examination focuses on studying past and present price action to
predict the probability of Central Puerto's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Central Puerto's price. Additionally, you may evaluate how the addition of Central Puerto to your portfolios can decrease your overall portfolio volatility.