| CMAX Stock | | | USD 0.0001 0.00 0.00% |
CareMax financial indicator trend analysis is way more than just evaluating CareMax prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CareMax is a good investment. Please check the relationship between CareMax Depreciation and its Change In Cash accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in CareMax. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
For more information on how to buy CareMax Stock please use our
How to Invest in CareMax guide.
Depreciation vs Change In Cash
Depreciation vs Change In Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
CareMax Depreciation account and
Change In Cash. At this time, the significance of the direction appears to have strong relationship.
The correlation between CareMax's Depreciation and Change In Cash is 0.7. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Change In Cash in the same time period over historical financial statements of CareMax, assuming nothing else is changed. The correlation between historical values of CareMax's Depreciation and Change In Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of CareMax are associated (or correlated) with its Change In Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Cash has no effect on the direction of Depreciation i.e., CareMax's Depreciation and Change In Cash go up and down completely randomly.
Correlation Coefficient | 0.7 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Depreciation
Depreciation indicates how much of CareMax value has been used up. For tax purposes CareMax can deduct the cost of the tangible assets it purchases as business expenses. However, CareMax must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Change In Cash
Most indicators from CareMax's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CareMax 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 CareMax. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
For more information on how to buy CareMax Stock please use our
How to Invest in CareMax guide.At this time, CareMax's
Selling General Administrative is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to rise to 0.17 in 2025, despite the fact that
Tax Provision is likely to grow to (16.7
M).
CareMax fundamental ratios Correlations
Click cells to compare fundamentals
CareMax Account Relationship Matchups
High Positive Relationship
High Negative Relationship
CareMax fundamental ratios Accounts
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Additional Tools for CareMax Stock Analysis
When running CareMax's price analysis, check to
measure CareMax'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 CareMax is operating at the current time. Most of CareMax's value examination focuses on studying past and present price action to
predict the probability of CareMax's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CareMax's price. Additionally, you may evaluate how the addition of CareMax to your portfolios can decrease your overall portfolio volatility.