Cartica Net Income From Continuing Ops vs Operating Income Analysis

CITEU Stock  USD 11.43  0.00  0.00%   
Cartica Acquisition financial indicator trend analysis is way more than just evaluating Cartica Acquisition Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cartica Acquisition Corp is a good investment. Please check the relationship between Cartica Acquisition Net Income From Continuing Ops and its Operating Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cartica Acquisition Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Net Income From Continuing Ops vs Operating Income

Net Income From Continuing Ops vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cartica Acquisition Corp Net Income From Continuing Ops account and Operating Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between Cartica Acquisition's Net Income From Continuing Ops and Operating Income is 0.76. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Operating Income in the same time period over historical financial statements of Cartica Acquisition Corp, assuming nothing else is changed. The correlation between historical values of Cartica Acquisition's Net Income From Continuing Ops and Operating Income 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 Income From Continuing Ops of Cartica Acquisition Corp are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Net Income From Continuing Ops i.e., Cartica Acquisition's Net Income From Continuing Ops and Operating Income go up and down completely randomly.

Correlation Coefficient

0.76
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Income From Continuing Ops

Operating Income

Operating Income is the amount of profit realized from Cartica Acquisition Corp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Cartica Acquisition Corp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from Cartica Acquisition's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cartica Acquisition Corp 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 Cartica Acquisition Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
Enterprise Value is likely to gain to about 269.9 M in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
 2010 2022 2023 2024 (projected)
Other Operating Expenses292.8K2.2M2.0M1.7M
Depreciation And Amortization292.8K2.2M2.0M1.7M

Cartica Acquisition fundamental ratios Correlations

0.26-0.95-0.891.0-0.97-0.90.971.01.0-0.140.97-0.060.990.671.01.00.260.991.00.960.261.0-0.15-0.150.14
0.26-0.480.150.26-0.01-0.630.020.260.26-0.830.02-0.960.110.860.170.261.00.10.26-0.021.00.26-0.96-0.990.99
-0.95-0.480.8-0.950.850.98-0.86-0.95-0.950.44-0.860.33-0.9-0.85-0.92-0.95-0.48-0.89-0.95-0.84-0.48-0.950.420.38-0.36
-0.890.150.8-0.890.950.67-0.95-0.89-0.89-0.08-0.95-0.28-0.94-0.36-0.92-0.890.15-0.94-0.89-0.960.15-0.89-0.19-0.250.27
1.00.26-0.95-0.89-0.97-0.90.971.01.0-0.140.97-0.070.990.670.991.00.260.991.00.960.261.0-0.15-0.150.15
-0.97-0.010.850.95-0.970.76-1.0-0.97-0.97-0.11-1.0-0.2-0.99-0.46-0.99-0.97-0.01-1.0-0.97-1.0-0.01-0.97-0.11-0.110.1
-0.9-0.630.980.67-0.90.76-0.77-0.9-0.90.53-0.770.48-0.83-0.92-0.86-0.9-0.63-0.82-0.9-0.75-0.63-0.90.560.54-0.53
0.970.02-0.86-0.950.97-1.0-0.770.970.970.091.00.181.00.470.990.970.021.00.971.00.020.970.10.09-0.09
1.00.26-0.95-0.891.0-0.97-0.90.971.0-0.140.97-0.060.990.671.01.00.260.991.00.960.261.0-0.15-0.150.14
1.00.26-0.95-0.891.0-0.97-0.90.971.0-0.140.97-0.060.990.671.01.00.260.991.00.960.261.0-0.15-0.150.14
-0.14-0.830.44-0.08-0.14-0.110.530.09-0.14-0.140.090.930.01-0.79-0.05-0.14-0.830.01-0.140.12-0.83-0.140.940.85-0.8
0.970.02-0.86-0.950.97-1.0-0.771.00.970.970.090.181.00.470.990.970.021.00.971.00.020.970.10.09-0.09
-0.06-0.960.33-0.28-0.07-0.20.480.18-0.06-0.060.930.180.09-0.780.04-0.07-0.960.1-0.060.22-0.96-0.061.00.98-0.96
0.990.11-0.9-0.940.99-0.99-0.831.00.990.990.011.00.090.551.00.990.111.00.990.990.110.990.010.01-0.01
0.670.86-0.85-0.360.67-0.46-0.920.470.670.67-0.790.47-0.780.550.590.670.860.540.670.430.860.67-0.83-0.810.79
1.00.17-0.92-0.920.99-0.99-0.860.991.01.0-0.050.990.041.00.590.990.171.01.00.980.171.0-0.05-0.050.05
1.00.26-0.95-0.891.0-0.97-0.90.971.01.0-0.140.97-0.070.990.670.990.260.991.00.960.261.0-0.15-0.150.15
0.261.0-0.480.150.26-0.01-0.630.020.260.26-0.830.02-0.960.110.860.170.260.10.26-0.021.00.26-0.96-0.990.99
0.990.1-0.89-0.940.99-1.0-0.821.00.990.990.011.00.11.00.541.00.990.10.990.990.10.990.010.01-0.01
1.00.26-0.95-0.891.0-0.97-0.90.971.01.0-0.140.97-0.060.990.671.01.00.260.990.960.261.0-0.15-0.150.15
0.96-0.02-0.84-0.960.96-1.0-0.751.00.960.960.121.00.220.990.430.980.96-0.020.990.96-0.020.960.140.14-0.13
0.261.0-0.480.150.26-0.01-0.630.020.260.26-0.830.02-0.960.110.860.170.261.00.10.26-0.020.26-0.96-0.990.99
1.00.26-0.95-0.891.0-0.97-0.90.971.01.0-0.140.97-0.060.990.671.01.00.260.991.00.960.26-0.15-0.150.15
-0.15-0.960.42-0.19-0.15-0.110.560.1-0.15-0.150.940.11.00.01-0.83-0.05-0.15-0.960.01-0.150.14-0.96-0.150.98-0.95
-0.15-0.990.38-0.25-0.15-0.110.540.09-0.15-0.150.850.090.980.01-0.81-0.05-0.15-0.990.01-0.150.14-0.99-0.150.98-1.0
0.140.99-0.360.270.150.1-0.53-0.090.140.14-0.8-0.09-0.96-0.010.790.050.150.99-0.010.15-0.130.990.15-0.95-1.0
Click cells to compare fundamentals

Cartica Acquisition Account Relationship Matchups

Thematic Opportunities

Explore Investment Opportunities

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.
Explore Investing Ideas  

Additional Tools for Cartica Stock Analysis

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