CMAX Stock | | | USD 0.69 0.03 4.17% |
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 Operating Income and its Non Operating Income Net Other 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.
Operating Income vs Non Operating Income Net Other
Operating Income vs Non Operating Income Net Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
CareMax Operating Income account and
Non Operating Income Net Other. At this time, the significance of the direction appears to have almost identical trend.
The correlation between CareMax's Operating Income and Non Operating Income Net Other is 0.93. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Non Operating Income Net Other in the same time period over historical financial statements of CareMax, assuming nothing else is changed. The correlation between historical values of CareMax's Operating Income and Non Operating Income Net Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of CareMax are associated (or correlated) with its Non Operating Income Net Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Operating Income Net Other has no effect on the direction of Operating Income i.e., CareMax's Operating Income and Non Operating Income Net Other go up and down completely randomly.
Correlation Coefficient | 0.93 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Operating Income
Operating Income is the amount of profit realized from CareMax 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 CareMax 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.
Non Operating Income Net Other
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.