CSGS Stock | | | USD 55.51 0.31 0.56% |
CSG Systems financial indicator trend analysis is way more than just evaluating CSG Systems International prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CSG Systems International is a good investment. Please check the relationship between CSG Systems Short Term Debt and its Property Plant And Equipment Gross accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in CSG Systems International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in price.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
CSG Systems International Short Term Debt account and
Property Plant And Equipment Gross. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between CSG Systems' Short Term Debt and Property Plant And Equipment Gross is 0.49. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Property Plant And Equipment Gross in the same time period over historical financial statements of CSG Systems International, assuming nothing else is changed. The correlation between historical values of CSG Systems' Short Term Debt and Property Plant And Equipment Gross 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 Debt of CSG Systems International are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Short Term Debt i.e., CSG Systems' Short Term Debt and Property Plant And Equipment Gross go up and down completely randomly.
Correlation Coefficient | 0.49 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Most indicators from CSG Systems' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CSG Systems International 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 CSG Systems International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in price.
At this time, CSG Systems'
Enterprise Value Over EBITDA is comparatively stable compared to the past year.
Enterprise Value Multiple is likely to gain to 11.92 in 2024, whereas
Tax Provision is likely to drop slightly above 21.6
M in 2024.
When running CSG Systems' price analysis, check to
measure CSG Systems' 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 CSG Systems is operating at the current time. Most of CSG Systems' value examination focuses on studying past and present price action to
predict the probability of CSG Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CSG Systems' price. Additionally, you may evaluate how the addition of CSG Systems to your portfolios can decrease your overall portfolio volatility.