CRT Stock | | | USD 10.78 0.18 1.64% |
Cross Timbers financial indicator trend analysis is way more than just evaluating Cross Timbers Royalty prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cross Timbers Royalty is a good investment. Please check the relationship between Cross Timbers Cash and its Common Stock accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Cross Timbers Royalty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
Cash vs Common Stock
Cash vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Cross Timbers Royalty Cash account and
Common Stock. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Cross Timbers' Cash and Common Stock is -0.32. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Common Stock in the same time period over historical financial statements of Cross Timbers Royalty, assuming nothing else is changed. The correlation between historical values of Cross Timbers' Cash 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 Cash of Cross Timbers Royalty 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 Cash i.e., Cross Timbers' Cash and Common Stock go up and down completely randomly.
Correlation Coefficient | -0.32 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Cash
Cash refers to the most liquid asset of Cross Timbers Royalty, which is listed under current asset account on Cross Timbers Royalty balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Cross Timbers customers. The amounts must be unrestricted with restricted cash listed in a different Cross Timbers account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Common Stock
Most indicators from Cross Timbers' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cross Timbers Royalty 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 Cross Timbers Royalty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
Sales General And Administrative To Revenue is likely to gain to 0.07 in 2024, whereas
Selling General Administrative is likely to drop slightly above 449.5
K in 2024.
Cross Timbers fundamental ratios Correlations
Click cells to compare fundamentals
Cross Timbers Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Cross Timbers fundamental ratios Accounts
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Additional Tools for Cross Stock Analysis
When running Cross Timbers' price analysis, check to
measure Cross Timbers' 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 Cross Timbers is operating at the current time. Most of Cross Timbers' value examination focuses on studying past and present price action to
predict the probability of Cross Timbers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cross Timbers' price. Additionally, you may evaluate how the addition of Cross Timbers to your portfolios can decrease your overall portfolio volatility.