COHU Stock | | | USD 27.07 0.42 1.58% |
Cohu financial indicator trend analysis is way more than just evaluating Cohu Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cohu Inc is a good investment. Please check the relationship between Cohu Short Term Investments and its Common Stock accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Cohu Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in rate.
Short Term Investments vs Common Stock
Short Term Investments vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Cohu Inc Short Term Investments account and
Common Stock. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Cohu's Short Term Investments and Common Stock is 0.57. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Common Stock in the same time period over historical financial statements of Cohu Inc, assuming nothing else is changed. The correlation between historical values of Cohu's Short Term Investments and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Cohu Inc are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Short Term Investments i.e., Cohu's Short Term Investments and Common Stock go up and down completely randomly.
Correlation Coefficient | 0.57 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Short Term Investments
Short Term Investments is an item under the current assets section of Cohu balance sheet. It contains any investments Cohu Inc undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Cohu Inc can easily liquidate in the marketplace.
Common Stock
Most indicators from Cohu's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cohu Inc 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 Cohu Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in rate.
At this time, Cohu's
Selling General Administrative is comparatively stable compared to the past year.
Discontinued Operations is likely to gain to about 50.7
K in 2024, whereas
Enterprise Value Multiple is likely to drop 8.55 in 2024.
Cohu fundamental ratios Correlations
Click cells to compare fundamentals
Cohu Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Cohu fundamental ratios Accounts
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Additional Tools for Cohu Stock Analysis
When running Cohu's price analysis, check to
measure Cohu'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 Cohu is operating at the current time. Most of Cohu's value examination focuses on studying past and present price action to
predict the probability of Cohu's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cohu's price. Additionally, you may evaluate how the addition of Cohu to your portfolios can decrease your overall portfolio volatility.