Champions Cash Per Share vs Begin Period Cash Flow Analysis

CSBR Stock  USD 4.33  0.15  3.59%   
Champions Oncology financial indicator trend analysis is way more than just evaluating Champions Oncology prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Champions Oncology is a good investment. Please check the relationship between Champions Oncology Cash Per Share and its Begin Period Cash Flow accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Champions Oncology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
To learn how to invest in Champions Stock, please use our How to Invest in Champions Oncology guide.

Cash Per Share vs Begin Period Cash Flow

Cash Per Share vs Begin Period Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Champions Oncology Cash Per Share account and Begin Period Cash Flow. At this time, the significance of the direction appears to have no relationship.
The correlation between Champions Oncology's Cash Per Share and Begin Period Cash Flow is 0.04. Overlapping area represents the amount of variation of Cash Per Share that can explain the historical movement of Begin Period Cash Flow in the same time period over historical financial statements of Champions Oncology, assuming nothing else is changed. The correlation between historical values of Champions Oncology's Cash Per Share and Begin Period Cash Flow 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 Per Share of Champions Oncology are associated (or correlated) with its Begin Period Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Begin Period Cash Flow has no effect on the direction of Cash Per Share i.e., Champions Oncology's Cash Per Share and Begin Period Cash Flow go up and down completely randomly.

Correlation Coefficient

0.04
Relationship DirectionPositive 
Relationship StrengthInsignificant

Cash Per Share

Begin Period Cash Flow

The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.
Most indicators from Champions Oncology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Champions Oncology 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 Champions Oncology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
To learn how to invest in Champions Stock, please use our How to Invest in Champions Oncology guide.At this time, Champions Oncology's Selling General Administrative is relatively stable compared to the past year. As of 11/26/2024, Sales General And Administrative To Revenue is likely to grow to 0.42, though Tax Provision is likely to grow to (30.4 K).
 2021 2022 2023 2024 (projected)
Gross Profit25.5M24.3M20.8M21.8M
Total Revenue49.1M53.9M50.2M52.7M

Champions Oncology fundamental ratios Correlations

0.950.620.890.380.960.51-0.670.730.490.96-0.430.490.91-0.20.740.77-0.390.90.720.920.870.96-0.2-0.1-0.58
0.950.60.860.270.990.71-0.60.690.280.99-0.510.280.91-0.320.690.82-0.210.890.630.920.920.83-0.32-0.21-0.65
0.620.60.430.420.620.29-0.50.290.340.62-0.390.340.52-0.330.590.5-0.30.330.530.50.420.58-0.33-0.17-0.25
0.890.860.430.00.890.66-0.790.940.190.9-0.160.190.96-0.350.790.66-0.360.860.780.960.940.81-0.35-0.11-0.45
0.380.270.420.00.25-0.29-0.1-0.20.710.25-0.420.710.090.270.170.0-0.140.220.240.00.00.50.27-0.01-0.28
0.960.990.620.890.250.72-0.650.720.261.0-0.490.260.94-0.360.740.81-0.230.890.680.940.920.84-0.36-0.2-0.62
0.510.710.290.66-0.290.72-0.490.57-0.470.71-0.26-0.470.75-0.60.560.550.120.60.450.680.790.26-0.6-0.29-0.4
-0.67-0.6-0.5-0.79-0.1-0.65-0.49-0.75-0.09-0.67-0.13-0.09-0.790.32-0.96-0.320.64-0.59-0.99-0.69-0.65-0.620.320.14-0.03
0.730.690.290.94-0.20.720.57-0.750.110.730.030.110.85-0.280.710.54-0.390.70.720.880.850.68-0.28-0.05-0.35
0.490.280.340.190.710.26-0.47-0.090.110.27-0.261.00.120.430.10.28-0.420.30.190.240.080.70.430.13-0.27
0.960.990.620.90.251.00.71-0.670.730.27-0.470.270.94-0.350.750.81-0.260.890.70.940.920.85-0.35-0.19-0.6
-0.43-0.51-0.39-0.16-0.42-0.49-0.26-0.130.03-0.26-0.47-0.26-0.240.2-0.06-0.47-0.41-0.340.08-0.29-0.25-0.340.20.250.66
0.490.280.340.190.710.26-0.47-0.090.111.00.27-0.260.120.430.10.28-0.420.30.190.240.080.70.430.13-0.27
0.910.910.520.960.090.940.75-0.790.850.120.94-0.240.12-0.380.840.69-0.320.890.790.940.950.79-0.38-0.11-0.47
-0.2-0.32-0.33-0.350.27-0.36-0.60.32-0.280.43-0.350.20.43-0.38-0.33-0.2-0.17-0.22-0.26-0.32-0.3-0.011.00.330.18
0.740.690.590.790.170.740.56-0.960.710.10.75-0.060.10.84-0.330.43-0.550.640.960.730.690.66-0.33-0.17-0.07
0.770.820.50.660.00.810.55-0.320.540.280.81-0.470.280.69-0.20.43-0.280.720.310.840.730.67-0.2-0.08-0.53
-0.39-0.21-0.3-0.36-0.14-0.230.120.64-0.39-0.42-0.26-0.41-0.42-0.32-0.17-0.55-0.28-0.29-0.63-0.36-0.21-0.49-0.17-0.29-0.27
0.90.890.330.860.220.890.6-0.590.70.30.89-0.340.30.89-0.220.640.72-0.290.620.880.870.83-0.22-0.07-0.57
0.720.630.530.780.240.680.45-0.990.720.190.70.080.190.79-0.260.960.31-0.630.620.680.660.68-0.26-0.14-0.03
0.920.920.50.960.00.940.68-0.690.880.240.94-0.290.240.94-0.320.730.84-0.360.880.680.940.83-0.32-0.11-0.52
0.870.920.420.940.00.920.79-0.650.850.080.92-0.250.080.95-0.30.690.73-0.210.870.660.940.74-0.3-0.14-0.61
0.960.830.580.810.50.840.26-0.620.680.70.85-0.340.70.79-0.010.660.67-0.490.830.680.830.74-0.010.0-0.52
-0.2-0.32-0.33-0.350.27-0.36-0.60.32-0.280.43-0.350.20.43-0.381.0-0.33-0.2-0.17-0.22-0.26-0.32-0.3-0.010.330.18
-0.1-0.21-0.17-0.11-0.01-0.2-0.290.14-0.050.13-0.190.250.13-0.110.33-0.17-0.08-0.29-0.07-0.14-0.11-0.140.00.330.07
-0.58-0.65-0.25-0.45-0.28-0.62-0.4-0.03-0.35-0.27-0.60.66-0.27-0.470.18-0.07-0.53-0.27-0.57-0.03-0.52-0.61-0.520.180.07
Click cells to compare fundamentals

Champions Oncology Account Relationship Matchups

Champions Oncology fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets20.8M27.6M35.4M34.3M26.1M27.4M
Short Long Term Debt Total3.8M9.6M9.5M8.6M7.4M7.8M
Other Current Liab2.5M2.2M1.4M1.2M973K739.7K
Total Current Liabilities12.1M11.2M17.5M21.7M21.5M22.6M
Total Stockholder Equity5.3M7.4M9.1M4.6M(1.9M)(1.8M)
Property Plant And Equipment Net6.8M14.6M15.4M14.5M12.0M12.6M
Net Debt(4.5M)4.9M459K(1.5M)4.8M5.1M
Retained Earnings(72.7M)(72.5M)(72.0M)(77.3M)(84.6M)(80.4M)
Accounts Payable3.1M1.9M2.9M5.3M5.8M6.1M
Cash8.3M4.7M9.0M10.1M2.6M3.7M
Non Current Assets Total7.3M15.0M15.7M14.9M12.5M13.1M
Cash And Short Term Investments8.3M4.7M9.0M10.1M2.6M3.7M
Net Receivables4.8M7.0M9.5M8.0M9.5M10.0M
Common Stock Shares Outstanding11.8M14.6M14.2M13.5M13.5M14.2M
Liabilities And Stockholders Equity20.8M27.6M35.4M34.3M26.1M27.4M
Non Current Liabilities Total3.3M9.0M8.8M7.9M6.5M6.8M
Other Current Assets385K957K2.3M1.3M1.5M1.6M
Other Stockholder Equity78.0M79.9M81.1M81.9M82.7M86.8M
Total Liab15.4M20.2M26.3M29.7M28.0M29.4M
Property Plant And Equipment Gross6.8M14.6M15.4M14.5M22.4M23.5M
Total Current Assets13.5M12.6M19.7M19.5M13.6M14.3M
Other Liab178K181K391K551K633.7K500.9K
Short Term Debt628K818K2.1M2.4M2.7M2.8M
Property Plant Equipment6.8M14.6M15.4M14.5M16.7M17.5M
Current Deferred Revenue5.8M6.3M11.1M12.8M12.1M12.7M
Retained Earnings Total Equity(72.7M)(72.5M)(72.0M)(77.3M)(69.6M)(73.1M)
Net Tangible Assets5.0M7.1M8.8M4.3M4.9M3.9M
Capital Surpluse78.0M79.9M81.1M82.0M94.3M77.6M

Pair Trading with Champions Oncology

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 Champions Oncology 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 Champions Oncology will appreciate offsetting losses from the drop in the long position's value.

Moving against Champions Stock

  0.51KTTAW Pasithea TherapeuticsPairCorr
  0.35EQ EquilliumPairCorr
The ability to find closely correlated positions to Champions Oncology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Champions Oncology 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 Champions Oncology - 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 Champions Oncology to buy it.
The correlation of Champions Oncology 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 Champions Oncology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Champions Oncology 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 Champions Oncology 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.
Pair CorrelationCorrelation Matching

Additional Tools for Champions Stock Analysis

When running Champions Oncology's price analysis, check to measure Champions Oncology'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 Champions Oncology is operating at the current time. Most of Champions Oncology's value examination focuses on studying past and present price action to predict the probability of Champions Oncology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Champions Oncology's price. Additionally, you may evaluate how the addition of Champions Oncology to your portfolios can decrease your overall portfolio volatility.