Cimpress Exchange Rate Changes vs Other Non Cash Items Analysis
CMPR Stock | USD 80.30 0.16 0.20% |
Cimpress financial indicator trend analysis is way more than just evaluating Cimpress NV prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cimpress NV is a good investment. Please check the relationship between Cimpress Exchange Rate Changes and its Other Non Cash Items accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cimpress NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
Exchange Rate Changes vs Other Non Cash Items
Exchange Rate Changes vs Other Non Cash Items Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cimpress NV Exchange Rate Changes account and Other Non Cash Items. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Cimpress' Exchange Rate Changes and Other Non Cash Items is -0.1. Overlapping area represents the amount of variation of Exchange Rate Changes that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of Cimpress NV, assuming nothing else is changed. The correlation between historical values of Cimpress' Exchange Rate Changes and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Exchange Rate Changes of Cimpress NV are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Exchange Rate Changes i.e., Cimpress' Exchange Rate Changes and Other Non Cash Items go up and down completely randomly.
Correlation Coefficient | -0.1 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Exchange Rate Changes
The impact of changes in foreign exchange rates on a company's financial position and results.Other Non Cash Items
Most indicators from Cimpress' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cimpress NV 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 Cimpress NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. At this time, Cimpress' Issuance Of Capital Stock is relatively stable compared to the past year. As of 12/01/2024, Sales General And Administrative To Revenue is likely to grow to 0.09, while Selling General Administrative is likely to drop slightly above 110 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 1.3B | 1.3B | 1.3B | 690.9M | Cost Of Revenue | 1.5B | 1.6B | 1.7B | 1.8B |
Cimpress fundamental ratios Correlations
Click cells to compare fundamentals
Cimpress Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Cimpress fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.8B | 2.2B | 2.2B | 1.9B | 1.9B | 1.0B | |
Total Stockholder Equity | (407.5M) | (449.4M) | (494.9M) | (623.1M) | (550.1M) | (522.6M) | |
Property Plant And Equipment Net | 494.9M | 416.3M | 367.5M | 364.4M | 343.9M | 293.0M | |
Net Debt | 1.6B | 1.7B | 1.5B | 1.6B | 1.5B | 1.6B | |
Cash | 45.0M | 183.0M | 277.1M | 130.3M | 203.8M | 214.0M | |
Non Current Assets Total | 1.6B | 1.7B | 1.5B | 1.4B | 1.4B | 798.5M | |
Non Currrent Assets Other | 25.5M | 36.0M | 48.4M | 46.2M | 39.4M | 22.9M | |
Other Assets | 85.8M | 169.1M | 185.6M | 162.0M | 186.3M | 195.7M | |
Cash And Short Term Investments | 45.0M | 335.3M | 327.0M | 168.9M | 208.3M | 115.5M | |
Common Stock Shares Outstanding | 27.8M | 26.0M | 26.1M | 26.3M | 27.0M | 33.4M | |
Liabilities And Stockholders Equity | 1.8B | 2.2B | 2.2B | 1.9B | 1.9B | 1.0B | |
Other Stockholder Equity | (937.9M) | (908.7M) | (862.5M) | (824.1M) | (793.3M) | (753.6M) | |
Total Liab | 2.2B | 2.6B | 2.5B | 2.5B | 2.4B | 2.5B | |
Property Plant And Equipment Gross | 494.9M | 416.3M | 286.8M | 287.6M | 913.7M | 959.4M | |
Total Current Assets | 248.4M | 528.5M | 626.3M | 441.0M | 458.0M | 480.9M | |
Short Long Term Debt Total | 1.6B | 1.9B | 1.8B | 1.8B | 1.7B | 1.8B | |
Other Current Liab | 216.0M | 272.6M | 233.3M | 218.4M | 204.2M | 146.2M | |
Total Current Liabilities | 486.8M | 638.2M | 692.5M | 645.3M | 664.0M | 697.2M | |
Current Deferred Revenue | 39.1M | 50.9M | 58.9M | 44.7M | 46.1M | 24.5M | |
Retained Earnings | 618.4M | 537.7M | 414.1M | 235.4M | 272.9M | 315.2M | |
Accounts Payable | 163.9M | 199.8M | 313.7M | 285.8M | 326.7M | 343.0M | |
Long Term Debt | 1.4B | 1.7B | 1.7B | 1.6B | 1.6B | 1.7B | |
Net Receivables | 34.6M | 50.7M | 63.9M | 67.4M | 64.6M | 32.4M | |
Non Current Liabilities Total | 1.7B | 1.9B | 1.8B | 1.8B | 1.7B | 1.8B | |
Inventory | 80.2M | 70.0M | 126.7M | 107.8M | 97.0M | 101.9M | |
Other Current Assets | 88.6M | 145.0M | 217.4M | 194.0M | 88.1M | 67.5M | |
Accumulated Other Comprehensive Income | (88.7M) | (79M) | (47.1M) | (35.1M) | (30.4M) | (31.9M) | |
Short Term Debt | 67.8M | 68.8M | 44.8M | 43.2M | 40.4M | 31.9M | |
Intangible Assets | 280.7M | 274.4M | 245.2M | 204.5M | 168.8M | 150.4M | |
Property Plant Equipment | 494.9M | 416.3M | 367.5M | 287.6M | 330.7M | 338.4M | |
Other Liab | 82.2M | 103.4M | 123.8M | 105.5M | 121.4M | 67.8M | |
Treasury Stock | (737.4M) | (1.4B) | (1.4B) | (1.4B) | (1.2B) | (1.2B) | |
Net Tangible Assets | (1.3B) | (1.5B) | (1.5B) | (612.3M) | (551.0M) | (578.6M) | |
Good Will | 621.9M | 727.0M | 766.6M | 781.5M | 787.1M | 540.5M | |
Retained Earnings Total Equity | 618.4M | 537.7M | 414.1M | 235.4M | 270.7M | 417.6M | |
Capital Surpluse | 438.6M | 459.9M | 501.0M | 539.5M | 620.4M | 417.6M | |
Deferred Long Term Liab | 33.8M | 27.4M | 41.1M | 47.4M | 54.5M | 38.4M |
Pair Trading with Cimpress
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 Cimpress 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 Cimpress will appreciate offsetting losses from the drop in the long position's value.Moving against Cimpress Stock
0.67 | WLDN | Willdan Group | PairCorr |
0.64 | NL | NL Industries | PairCorr |
0.55 | AXR | AMREP | PairCorr |
0.47 | ESGL | ESGL Holdings Limited | PairCorr |
0.44 | TRU | TransUnion | PairCorr |
The ability to find closely correlated positions to Cimpress could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cimpress 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 Cimpress - 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 Cimpress NV to buy it.
The correlation of Cimpress 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 Cimpress moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cimpress NV 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 Cimpress 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 Cimpress Stock Analysis
When running Cimpress' price analysis, check to measure Cimpress' 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 Cimpress is operating at the current time. Most of Cimpress' value examination focuses on studying past and present price action to predict the probability of Cimpress' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cimpress' price. Additionally, you may evaluate how the addition of Cimpress to your portfolios can decrease your overall portfolio volatility.