CLDT Stock | | | USD 9.26 0.01 0.11% |
Chatham Lodging financial indicator trend analysis is way more than just evaluating Chatham Lodging Trust prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Chatham Lodging Trust is a good investment. Please check the relationship between Chatham Lodging Net Income and its Issuance Of Capital Stock accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Chatham Lodging Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in unemployment.
Net Income vs Issuance Of Capital Stock
Net Income vs Issuance Of Capital Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Chatham Lodging Trust Net Income account and
Issuance Of Capital Stock. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Chatham Lodging's Net Income and Issuance Of Capital Stock is -0.13. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Issuance Of Capital Stock in the same time period over historical financial statements of Chatham Lodging Trust, assuming nothing else is changed. The correlation between historical values of Chatham Lodging's Net Income and Issuance Of Capital 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 Net Income of Chatham Lodging Trust are associated (or correlated) with its Issuance Of Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Issuance Of Capital Stock has no effect on the direction of Net Income i.e., Chatham Lodging's Net Income and Issuance Of Capital Stock go up and down completely randomly.
Correlation Coefficient | -0.13 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Chatham Lodging Trust financial statement analysis. It represents the amount of money remaining after all of Chatham Lodging Trust operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Issuance Of Capital Stock
Most indicators from Chatham Lodging's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Chatham Lodging Trust 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 Chatham Lodging Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in unemployment.
At this time, Chatham Lodging's
Selling General Administrative is comparatively stable compared to the past year.
Sales General And Administrative To Revenue is likely to gain to 0.09 in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 53.2
K in 2024.
Chatham Lodging fundamental ratios Correlations
Click cells to compare fundamentals
Chatham Lodging Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Chatham Lodging fundamental ratios Accounts
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Additional Tools for Chatham Stock Analysis
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measure Chatham Lodging'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 Chatham Lodging is operating at the current time. Most of Chatham Lodging's value examination focuses on studying past and present price action to
predict the probability of Chatham Lodging's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chatham Lodging's price. Additionally, you may evaluate how the addition of Chatham Lodging to your portfolios can decrease your overall portfolio volatility.