CPTNW Stock | | | USD 0.01 0.0009 8.26% |
Cepton financial indicator trend analysis is way more than just evaluating Cepton Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cepton Inc is a good investment. Please check the relationship between Cepton Selling General Administrative and its Gross Profit accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Cepton 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 board of governors.
Selling General Administrative vs Gross Profit
Selling General Administrative vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Cepton Inc Selling General Administrative account and
Gross Profit. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Cepton's Selling General Administrative and Gross Profit is 0.59. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Cepton Inc, assuming nothing else is changed. The correlation between historical values of Cepton's Selling General Administrative and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Cepton Inc are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Selling General Administrative i.e., Cepton's Selling General Administrative and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.59 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Selling General Administrative
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Cepton Inc minus its cost of goods sold. It is profit before Cepton operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most indicators from Cepton's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cepton 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 Cepton 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 board of governors.
At this time, Cepton's Selling General Administrative is fairly stable compared to the past year.
Issuance Of Capital Stock is likely to climb to about 105.9
M in 2024, despite the fact that
Tax Provision is likely to grow to (1.9
K).
Cepton fundamental ratios Correlations
Click cells to compare fundamentals
Cepton Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Cepton fundamental ratios Accounts
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Additional Tools for Cepton Stock Analysis
When running Cepton's price analysis, check to
measure Cepton'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 Cepton is operating at the current time. Most of Cepton's value examination focuses on studying past and present price action to
predict the probability of Cepton's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cepton's price. Additionally, you may evaluate how the addition of Cepton to your portfolios can decrease your overall portfolio volatility.