CMAX Stock | | | USD 0.72 0.05 7.46% |
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 Non Current Liabilities Total and its Cash And Short Term Investments 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.
Non Current Liabilities Total vs Cash And Short Term Investments
Non Current Liabilities Total vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
CareMax Non Current Liabilities Total account and
Cash And Short Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between CareMax's Non Current Liabilities Total and Cash And Short Term Investments is 0.66. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of CareMax, assuming nothing else is changed. The correlation between historical values of CareMax's Non Current Liabilities Total and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of CareMax are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Non Current Liabilities Total i.e., CareMax's Non Current Liabilities Total and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.66 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Non Current Liabilities Total
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of CareMax balance sheet. This account contains CareMax investments that will expire within one year. These investments include stocks and bonds that can be liquidated by CareMax fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of 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.
Sales General And Administrative To Revenue is likely to rise to 0.17 in 2024, whereas
Selling General Administrative is likely to drop slightly above 47.6
M in 2024.
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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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.