ClimateRock Net Income vs Ebitda Analysis
| CLRCR Stock | USD 0.04 0.04 50.28% |
ClimateRock Right financial indicator trend analysis is way more than just evaluating ClimateRock Right prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ClimateRock Right is a good investment. Please check the relationship between ClimateRock Right Net Income and its Ebitda accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ClimateRock Right. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in ClimateRock Stock, please use our How to Invest in ClimateRock Right guide.
Net Income vs Ebitda
Net Income vs Ebitda Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ClimateRock Right Net Income account and Ebitda. At this time, the significance of the direction appears to have almost identical trend.
The correlation between ClimateRock Right's Net Income and Ebitda is 0.93. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Ebitda in the same time period over historical financial statements of ClimateRock Right, assuming nothing else is changed. The correlation between historical values of ClimateRock Right's Net Income and Ebitda 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 ClimateRock Right are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Net Income i.e., ClimateRock Right's Net Income and Ebitda go up and down completely randomly.
Correlation Coefficient | 0.93 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in ClimateRock Right financial statement analysis. It represents the amount of money remaining after all of ClimateRock Right operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Ebitda
Most indicators from ClimateRock Right's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ClimateRock Right 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 ClimateRock Right. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in ClimateRock Stock, please use our How to Invest in ClimateRock Right guide.At this time, ClimateRock Right's Enterprise Value Over EBITDA is relatively stable compared to the past year. As of 12/13/2024, Enterprise Value Multiple is likely to grow to 35.39, while Selling General Administrative is likely to drop slightly above 116.8 K.
| 2010 | 2022 | 2023 | 2024 (projected) | Other Operating Expenses | 4.7K | 1.8M | 1.7M | 1.3M | Depreciation And Amortization | 56.8K | 228.5K | 1.7M | 1.7M |
ClimateRock Right fundamental ratios Correlations
Click cells to compare fundamentals
ClimateRock Right Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with ClimateRock Right
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ClimateRock Right position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ClimateRock Right will appreciate offsetting losses from the drop in the long position's value.Moving against ClimateRock Stock
| 0.56 | V | Visa Class A | PairCorr |
| 0.54 | DHIL | Diamond Hill Investment | PairCorr |
| 0.53 | BX | Blackstone Group Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.52 | SF | Stifel Financial Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.51 | MS | Morgan Stanley Fiscal Year End 21st of January 2025 | PairCorr |
The ability to find closely correlated positions to ClimateRock Right could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ClimateRock Right when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ClimateRock Right - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ClimateRock Right to buy it.
The correlation of ClimateRock Right is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ClimateRock Right moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ClimateRock Right moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ClimateRock Right can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for ClimateRock Stock Analysis
When running ClimateRock Right's price analysis, check to measure ClimateRock Right'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 ClimateRock Right is operating at the current time. Most of ClimateRock Right's value examination focuses on studying past and present price action to predict the probability of ClimateRock Right's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ClimateRock Right's price. Additionally, you may evaluate how the addition of ClimateRock Right to your portfolios can decrease your overall portfolio volatility.