CGNT Stock | | | USD 7.82 0.31 3.81% |
Cognyte Software financial indicator trend analysis is way more than just evaluating Cognyte Software prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cognyte Software is a good investment. Please check the relationship between Cognyte Software Property Plant And Equipment Net and its Common Stock Shares Outstanding accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Cognyte Software. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
For more information on how to buy Cognyte Stock please use our
How to Invest in Cognyte Software guide.
Property Plant And Equipment Net vs Common Stock Shares Outstanding
Property Plant And Equipment Net vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Cognyte Software Property Plant And Equipment Net account and
Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong relationship.
The correlation between Cognyte Software's Property Plant And Equipment Net and Common Stock Shares Outstanding is 0.62. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Cognyte Software, assuming nothing else is changed. The correlation between historical values of Cognyte Software's Property Plant And Equipment Net and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Cognyte Software are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Property Plant And Equipment Net i.e., Cognyte Software's Property Plant And Equipment Net and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | 0.62 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Cognyte Software's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cognyte Software 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 Cognyte Software. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
For more information on how to buy Cognyte Stock please use our
How to Invest in Cognyte Software guide.
Selling General Administrative is likely to drop to about 119.5
M in 2024.
Tax Provision is likely to gain to about (1.5
M) in 2024
Cognyte Software fundamental ratios Correlations
Click cells to compare fundamentals
Cognyte Software Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Cognyte Software fundamental ratios Accounts
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Additional Tools for Cognyte Stock Analysis
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measure Cognyte Software'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 Cognyte Software is operating at the current time. Most of Cognyte Software's value examination focuses on studying past and present price action to
predict the probability of Cognyte Software's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cognyte Software's price. Additionally, you may evaluate how the addition of Cognyte Software to your portfolios can decrease your overall portfolio volatility.