CGNX Stock | | | USD 39.98 0.13 0.32% |
Cognex financial indicator trend analysis is way more than just evaluating Cognex prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cognex is a good investment. Please check the relationship between Cognex Cash Per Share and its Begin Period Cash Flow accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Cognex. 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 Cognex Stock please use our
How to Invest in Cognex guide.
Cash Per Share vs Begin Period Cash Flow
Cash Per Share vs Begin Period Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Cognex Cash Per Share account and
Begin Period Cash Flow. At this time, the significance of the direction appears to have very week relationship.
The correlation between Cognex's Cash Per Share and Begin Period Cash Flow is 0.23. Overlapping area represents the amount of variation of Cash Per Share that can explain the historical movement of Begin Period Cash Flow in the same time period over historical financial statements of Cognex, assuming nothing else is changed. The correlation between historical values of Cognex's Cash Per Share and Begin Period Cash Flow 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 Per Share of Cognex are associated (or correlated) with its Begin Period Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Begin Period Cash Flow has no effect on the direction of Cash Per Share i.e., Cognex's Cash Per Share and Begin Period Cash Flow go up and down completely randomly.
Correlation Coefficient | 0.23 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Cash Per Share
Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.
Most indicators from Cognex's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cognex 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 Cognex. 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 Cognex Stock please use our
How to Invest in Cognex guide.At this time, Cognex's
Selling General Administrative is fairly stable compared to the past year.
Enterprise Value is likely to rise to about 12.9
B in 2024, despite the fact that
Discontinued Operations is likely to grow to (218
K).
Cognex fundamental ratios Correlations
Click cells to compare fundamentals
Cognex Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Cognex fundamental ratios Accounts
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Additional Tools for Cognex Stock Analysis
When running Cognex's price analysis, check to
measure Cognex'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 Cognex is operating at the current time. Most of Cognex's value examination focuses on studying past and present price action to
predict the probability of Cognex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cognex's price. Additionally, you may evaluate how the addition of Cognex to your portfolios can decrease your overall portfolio volatility.