Cocrystal Total Stockholder Equity vs Common Stock Shares Outstanding Analysis
COCP Stock | USD 2.07 0.04 1.90% |
Cocrystal Pharma financial indicator trend analysis is way more than just evaluating Cocrystal Pharma prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cocrystal Pharma is a good investment. Please check the relationship between Cocrystal Pharma Total Stockholder Equity and its Common Stock Shares Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cocrystal Pharma. 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. To learn how to invest in Cocrystal Stock, please use our How to Invest in Cocrystal Pharma guide.
Total Stockholder Equity vs Common Stock Shares Outstanding
Total Stockholder Equity vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cocrystal Pharma Total Stockholder Equity account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Cocrystal Pharma's Total Stockholder Equity and Common Stock Shares Outstanding is 0.14. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Cocrystal Pharma, assuming nothing else is changed. The correlation between historical values of Cocrystal Pharma's Total Stockholder Equity and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Cocrystal Pharma are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Total Stockholder Equity i.e., Cocrystal Pharma's Total Stockholder Equity and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | 0.14 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Most indicators from Cocrystal Pharma's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cocrystal Pharma 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 Cocrystal Pharma. 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. To learn how to invest in Cocrystal Stock, please use our How to Invest in Cocrystal Pharma guide.At this time, Cocrystal Pharma's Enterprise Value Over EBITDA is relatively stable compared to the past year. As of 12/03/2024, Enterprise Value Multiple is likely to grow to 0.43, while Selling General Administrative is likely to drop slightly above 4.1 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 14.2M | 18.1M | 3.4M | 3.2M | Cost Of Revenue | 239.5K | 241.6K | 15.2M | 15.9M |
Cocrystal Pharma fundamental ratios Correlations
Click cells to compare fundamentals
Cocrystal Pharma Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Cocrystal Pharma fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 28.5M | 54.2M | 79.4M | 40.8M | 31.3M | 29.7M | |
Total Current Liabilities | 2.3M | 1.4M | 1.5M | 1.2M | 3.3M | 2.7M | |
Total Stockholder Equity | 25.7M | 52.5M | 77.5M | 39.6M | 26.4M | 42.6M | |
Net Debt | (6.6M) | (32.4M) | (58.2M) | (36.8M) | (24.5M) | (23.3M) | |
Retained Earnings | (235.3M) | (244.9M) | (259.1M) | (297.9M) | (315.9M) | (300.1M) | |
Accounts Payable | 1.5M | 657K | 578K | 614K | 1.2M | 931.8K | |
Cash | 7.4M | 33.0M | 58.7M | 37.1M | 26.4M | 27.7M | |
Non Current Assets Total | 20.3M | 20.2M | 20.1M | 662K | 2.2M | 2.1M | |
Non Currrent Assets Other | (293K) | 40K | 50K | 46K | 52.9K | 55.5K | |
Cash And Short Term Investments | 7.4M | 33.0M | 58.7M | 37.1M | 26.4M | 27.7M | |
Common Stock Total Equity | 24K | 30K | 36K | 71K | 81.7K | 152.4K | |
Common Stock Shares Outstanding | 31.9M | 55.2M | 88.4M | 8.1M | 9.7M | 13.1M | |
Liabilities And Stockholders Equity | 28.5M | 54.2M | 79.4M | 40.8M | 31.3M | 29.7M | |
Other Stockholder Equity | 260.9M | 297.3M | 336.5M | 337.5M | 342.3M | 359.4M | |
Total Liab | 2.8M | 1.7M | 1.8M | 1.3M | 4.9M | 4.6M | |
Total Current Assets | 8.3M | 34.0M | 59.3M | 40.2M | 29.1M | 30.5M | |
Common Stock | 36K | 71K | 98K | 8K | 10K | 9.5K | |
Other Current Liab | 7K | 267K | 495K | 122K | 1.6M | 1.7M | |
Property Plant And Equipment Net | 1.1M | 1.1M | 931K | 616K | 2.1M | 2.2M | |
Other Current Assets | 169K | 449K | 618K | 2.3M | 1.8M | 948.7K | |
Property Plant And Equipment Gross | 1.1M | 1.1M | 2.4M | 2.2M | 3.9M | 4.1M | |
Short Long Term Debt Total | 817K | 596K | 534K | 297K | 1.9M | 1.6M | |
Non Current Liabilities Total | 537K | 379K | 298K | 57K | 1.6M | 1.5M | |
Short Term Debt | 280K | 434K | 472K | 480K | 432K | 410.4K | |
Net Tangible Assets | 6.6M | 33.4M | 58.5M | 39.6M | 35.6M | 34.6M | |
Other Assets | 50K | 544K | 46K | 0.0 | 1.0 | 0.95 | |
Retained Earnings Total Equity | (138.0M) | (187.1M) | (235.3M) | (244.9M) | (220.4M) | (209.4M) | |
Capital Surpluse | 243.4M | 253.9M | 260.9M | 297.3M | 341.9M | 215.9M | |
Property Plant Equipment | 1.1M | 1.1M | 931K | 616K | 708.4K | 640.6K | |
Net Invested Capital | 25.7M | 52.5M | 77.5M | 39.6M | 26.4M | 45.1M |
Pair Trading with Cocrystal Pharma
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 Cocrystal Pharma 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 Cocrystal Pharma will appreciate offsetting losses from the drop in the long position's value.Moving against Cocrystal Stock
0.68 | EYEN | Eyenovia | PairCorr |
0.53 | ENVB | Enveric Biosciences | PairCorr |
0.52 | A | Agilent Technologies | PairCorr |
0.48 | FATE | Fate Therapeutics | PairCorr |
0.47 | VRPX | Virpax Pharmaceuticals | PairCorr |
The ability to find closely correlated positions to Cocrystal Pharma could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cocrystal Pharma 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 Cocrystal Pharma - 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 Cocrystal Pharma to buy it.
The correlation of Cocrystal Pharma 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 Cocrystal Pharma moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cocrystal Pharma 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 Cocrystal Pharma 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 Cocrystal Stock Analysis
When running Cocrystal Pharma's price analysis, check to measure Cocrystal Pharma'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 Cocrystal Pharma is operating at the current time. Most of Cocrystal Pharma's value examination focuses on studying past and present price action to predict the probability of Cocrystal Pharma's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cocrystal Pharma's price. Additionally, you may evaluate how the addition of Cocrystal Pharma to your portfolios can decrease your overall portfolio volatility.