CSTR Stock | | | CAD 0.03 0.01 14.29% |
CryptoStar Corp financial indicator trend analysis is way more than just evaluating CryptoStar Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CryptoStar Corp is a good investment. Please check the relationship between CryptoStar Corp Net Working Capital and its Retained Earnings accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in CryptoStar Corp. 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.
Net Working Capital vs Retained Earnings
Net Working Capital vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
CryptoStar Corp Net Working Capital account and
Retained Earnings. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between CryptoStar Corp's Net Working Capital and Retained Earnings is -0.15. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of CryptoStar Corp, assuming nothing else is changed. The correlation between historical values of CryptoStar Corp's Net Working Capital and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Working Capital of CryptoStar Corp are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Net Working Capital i.e., CryptoStar Corp's Net Working Capital and Retained Earnings go up and down completely randomly.
Correlation Coefficient | -0.15 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Working Capital
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from CryptoStar Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CryptoStar Corp 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 CryptoStar Corp. 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.
At this time, CryptoStar Corp's
Selling General Administrative is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to climb to 0.61 in 2024, despite the fact that
Issuance Of Capital Stock is likely to grow to (222.9
K).
CryptoStar Corp fundamental ratios Correlations
Click cells to compare fundamentals
CryptoStar Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
CryptoStar Corp fundamental ratios Accounts
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Additional Tools for CryptoStar Stock Analysis
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