Centerspace Short Term Investments vs Net Working Capital Analysis

CSR Stock

USD 73.71 0.68 0.93%

Centerspace financial indicator trend analysis is way more than just evaluating Centerspace prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Centerspace is a good investment. Please check the relationship between Centerspace Short Term Investments and its Net Working Capital accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Centerspace. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

To learn how to invest in Centerspace Stock, please use our How to Invest in Centerspace guide.

Short Term Investments vs Net Working Capital

Short Term Investments vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Centerspace Short Term Investments account and Net Working Capital. At this time, the significance of the direction appears to have strong relationship.

The correlation between Centerspace's Short Term Investments and Net Working Capital is 0.67. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Centerspace, assuming nothing else is changed. The correlation between historical values of Centerspace's Short Term Investments and Net Working Capital 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 Centerspace are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Short Term Investments i.e., Centerspace's Short Term Investments and Net Working Capital go up and down completely randomly.

Correlation Coefficient

0.67

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Short Term Investments

Short Term Investments is an item under the current assets section of Centerspace balance sheet. It contains any investments Centerspace undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Centerspace can easily liquidate in the marketplace.

Net Working Capital

Most indicators from Centerspace's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Centerspace 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 Centerspace. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

To learn how to invest in Centerspace Stock, please use our How to Invest in Centerspace guide.At this time, Centerspace's Enterprise Value Over EBITDA is relatively stable compared to the past year. As of 11/23/2024, Enterprise Value Multiple is likely to grow to 14.65, while Issuance Of Capital Stock is likely to drop 0.00.

	2021	2022	2023	2024 (projected)
Total Revenue	201.7M	256.7M	261.3M	173.6M
Depreciation And Amortization	199.0M	241.3M	103.2M	76.9M

Total Revenue Depreciation And Amortization

Centerspace fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Good Will	Intangible Assets	Inventory	Other Current Assets
Total Assets		0.94	0.41	0.33	0.87	-0.02	0.94	-0.74	0.43	0.96	0.55	0.88	0.39	0.36	0.87	0.18	0.84	-0.02	0.94	0.37	0.03	0.84	-0.24	0.0	0.23	0.19
Short Long Term Debt Total	0.94		0.29	0.15	0.69	0.21	1.0	-0.59	0.53	0.92	0.46	0.82	0.49	0.53	0.7	0.03	0.95	0.21	0.96	0.27	0.01	0.66	-0.26	0.21	0.07	0.2
Other Current Liab	0.41	0.29		0.3	0.31	-0.14	0.29	-0.21	0.26	0.24	0.19	0.21	0.26	0.13	0.26	-0.18	0.33	-0.14	0.47	0.68	-0.23	0.31	0.43	0.06	0.69	0.22
Total Current Liabilities	0.33	0.15	0.3		0.3	-0.31	0.17	-0.59	-0.24	0.21	0.58	0.19	-0.26	-0.21	0.33	0.34	-0.04	-0.31	0.32	0.43	0.62	0.34	-0.22	-0.31	0.62	0.02
Total Stockholder Equity	0.87	0.69	0.31	0.3		-0.3	0.72	-0.82	0.18	0.88	0.48	0.89	0.14	0.06	0.98	0.41	0.55	-0.3	0.68	0.19	0.01	0.98	-0.26	-0.39	0.11	0.1
Property Plant And Equipment Net	-0.02	0.21	-0.14	-0.31	-0.3		0.21	0.37	0.1	0.0	-0.38	0.03	0.11	0.27	-0.22	-0.26	0.28	1.0	0.14	-0.08	-0.15	-0.28	0.0	0.61	-0.08	-0.14
Net Debt	0.94	1.0	0.29	0.17	0.72	0.21		-0.62	0.45	0.94	0.48	0.84	0.42	0.49	0.74	0.08	0.93	0.22	0.95	0.23	0.03	0.7	-0.28	0.17	0.06	0.17
Retained Earnings	-0.74	-0.59	-0.21	-0.59	-0.82	0.37	-0.62		0.09	-0.75	-0.62	-0.71	0.14	0.09	-0.83	-0.56	-0.39	0.37	-0.59	-0.1	-0.45	-0.85	0.43	0.6	-0.07	-0.16
Cash	0.43	0.53	0.26	-0.24	0.18	0.1	0.45	0.09		0.28	-0.07	0.3	1.0	0.66	0.12	-0.54	0.69	0.1	0.57	0.57	-0.49	0.05	0.33	0.54	0.21	0.46
Non Current Assets Total	0.96	0.92	0.24	0.21	0.88	0.0	0.94	-0.75	0.28		0.57	0.88	0.25	0.3	0.88	0.32	0.8	0.01	0.85	0.09	0.1	0.87	-0.41	-0.07	-0.02	0.04
Non Currrent Assets Other	0.55	0.46	0.19	0.58	0.48	-0.38	0.48	-0.62	-0.07	0.57		0.31	-0.09	0.03	0.43	0.3	0.3	-0.38	0.48	0.05	0.42	0.48	-0.41	-0.11	0.19	-0.26
Other Assets	0.88	0.82	0.21	0.19	0.89	0.03	0.84	-0.71	0.3	0.88	0.31		0.26	0.32	0.92	0.16	0.71	0.03	0.78	0.21	-0.04	0.88	-0.17	-0.17	0.09	0.14
Cash And Short Term Investments	0.39	0.49	0.26	-0.26	0.14	0.11	0.42	0.14	1.0	0.25	-0.09	0.26		0.66	0.08	-0.56	0.67	0.11	0.54	0.57	-0.5	0.01	0.35	0.56	0.21	0.45
Net Receivables	0.36	0.53	0.13	-0.21	0.06	0.27	0.49	0.09	0.66	0.3	0.03	0.32	0.66		0.06	-0.45	0.68	0.27	0.54	0.26	-0.22	-0.04	0.05	0.65	0.15	-0.04
Common Stock Shares Outstanding	0.87	0.7	0.26	0.33	0.98	-0.22	0.74	-0.83	0.12	0.88	0.43	0.92	0.08	0.06		0.38	0.54	-0.22	0.68	0.17	0.1	0.98	-0.26	-0.4	0.09	0.14
Short Term Investments	0.18	0.03	-0.18	0.34	0.41	-0.26	0.08	-0.56	-0.54	0.32	0.3	0.16	-0.56	-0.45	0.38		-0.17	-0.26	-0.06	-0.44	0.52	0.44	-0.82	-0.58	-0.26	-0.32
Non Current Liabilities Total	0.84	0.95	0.33	-0.04	0.55	0.28	0.93	-0.39	0.69	0.8	0.3	0.71	0.67	0.68	0.54	-0.17		0.29	0.92	0.34	-0.21	0.49	-0.08	0.39	0.09	0.26
Other Stockholder Equity	-0.02	0.21	-0.14	-0.31	-0.3	1.0	0.22	0.37	0.1	0.01	-0.38	0.03	0.11	0.27	-0.22	-0.26	0.29		0.14	-0.08	-0.15	-0.27	0.0	0.61	-0.07	-0.14
Total Liab	0.94	0.96	0.47	0.32	0.68	0.14	0.95	-0.59	0.57	0.85	0.48	0.78	0.54	0.54	0.68	-0.06	0.92	0.14		0.52	-0.03	0.64	-0.1	0.24	0.35	0.26
Total Current Assets	0.37	0.27	0.68	0.43	0.19	-0.08	0.23	-0.1	0.57	0.09	0.05	0.21	0.57	0.26	0.17	-0.44	0.34	-0.08	0.52		-0.29	0.14	0.55	0.24	0.86	0.5
Short Term Debt	0.03	0.01	-0.23	0.62	0.01	-0.15	0.03	-0.45	-0.49	0.1	0.42	-0.04	-0.5	-0.22	0.1	0.52	-0.21	-0.15	-0.03	-0.29		0.08	-0.61	-0.36	-0.09	-0.18
Common Stock	0.84	0.66	0.31	0.34	0.98	-0.28	0.7	-0.85	0.05	0.87	0.48	0.88	0.01	-0.04	0.98	0.44	0.49	-0.27	0.64	0.14	0.08		-0.26	-0.46	0.08	0.11
Good Will	-0.24	-0.26	0.43	-0.22	-0.26	0.0	-0.28	0.43	0.33	-0.41	-0.41	-0.17	0.35	0.05	-0.26	-0.82	-0.08	0.0	-0.1	0.55	-0.61	-0.26		0.17	0.41	0.43
Intangible Assets	0.0	0.21	0.06	-0.31	-0.39	0.61	0.17	0.6	0.54	-0.07	-0.11	-0.17	0.56	0.65	-0.4	-0.58	0.39	0.61	0.24	0.24	-0.36	-0.46	0.17		0.21	-0.17
Inventory	0.23	0.07	0.69	0.62	0.11	-0.08	0.06	-0.07	0.21	-0.02	0.19	0.09	0.21	0.15	0.09	-0.26	0.09	-0.07	0.35	0.86	-0.09	0.08	0.41	0.21		0.05
Other Current Assets	0.19	0.2	0.22	0.02	0.1	-0.14	0.17	-0.16	0.46	0.04	-0.26	0.14	0.45	-0.04	0.14	-0.32	0.26	-0.14	0.26	0.5	-0.18	0.11	0.43	-0.17	0.05

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Centerspace Account Relationship Matchups

Pair Trading with Centerspace

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

Moving against Centerspace Stock

0.52	BXP	Boston Properties Sell-off Trend	Pair Corr
0.34	AHR	American Healthcare REIT,	Pair Corr
0.34	RHP	Ryman Hospitality	Pair Corr
0.32	EQIX	Equinix	Pair Corr

The ability to find closely correlated positions to Centerspace could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Centerspace 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 Centerspace - 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 Centerspace to buy it.

The correlation of Centerspace 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 Centerspace moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Centerspace 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 Centerspace 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 Correlation Correlation Matching

Additional Tools for Centerspace Stock Analysis

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

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Centerspace Short Term Investments vs Net Working Capital Analysis

Short Term Investments vs Net Working Capital

Short Term Investments vs Net Working Capital Correlation Analysis

Correlation Coefficient

Short Term Investments

Net Working Capital

Centerspace fundamental ratios Correlations

Centerspace Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Pair Trading with Centerspace

Moving against Centerspace Stock

Additional Tools for Centerspace Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Short Long Term Debt Total
Other Stockholder Equity	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Common Stock Shares Outstanding	+ 0.98	Total Stockholder Equity
Common Stock	+ 0.98	Total Stockholder Equity
Common Stock	+ 0.98	Common Stock Shares Outstanding

Common Stock	- 0.85	Retained Earnings
Common Stock Shares Outstanding	- 0.83	Retained Earnings
Good Will	- 0.82	Short Term Investments
Retained Earnings	- 0.82	Total Stockholder Equity
Non Current Assets Total	- 0.75	Retained Earnings
Retained Earnings	- 0.74	Total Assets