CMCT Stock | | | USD 0.22 0.03 12.00% |
Creative Media financial indicator trend analysis is way more than just evaluating Creative Media Community prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Creative Media Community is a good investment. Please check the relationship between Creative Media Ebit Per Revenue and its Total Revenue accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Creative Media Community. 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.
Ebit Per Revenue vs Total Revenue
Ebit Per Revenue vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Creative Media Community Ebit Per Revenue account and
Total Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Creative Media's Ebit Per Revenue and Total Revenue is -0.48. Overlapping area represents the amount of variation of Ebit Per Revenue that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Creative Media Community, assuming nothing else is changed. The correlation between historical values of Creative Media's Ebit Per Revenue and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit Per Revenue of Creative Media Community are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Ebit Per Revenue i.e., Creative Media's Ebit Per Revenue and Total Revenue go up and down completely randomly.
Correlation Coefficient | -0.48 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Ebit Per Revenue
Total Revenue
Total revenue comprises all receipts Creative Media Community generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Creative Media's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Creative Media Community 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 Creative Media Community. 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.
At this time, Creative Media's
Selling General Administrative is comparatively stable compared to the past year.
Sales General And Administrative To Revenue is likely to gain to 0.12 in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 95
M in 2024.
Creative Media fundamental ratios Correlations
Click cells to compare fundamentals
Creative Media Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Creative Media fundamental ratios Accounts
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Additional Tools for Creative Stock Analysis
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measure Creative Media'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 Creative Media is operating at the current time. Most of Creative Media's value examination focuses on studying past and present price action to
predict the probability of Creative Media's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Creative Media's price. Additionally, you may evaluate how the addition of Creative Media to your portfolios can decrease your overall portfolio volatility.