CVRx Stock Based Compensation vs Other Non Cash Items Analysis

CVRX Stock  USD 15.32  0.01  0.07%   
CVRx financial indicator trend analysis is way more than just evaluating CVRx Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CVRx Inc is a good investment. Please check the relationship between CVRx Stock Based Compensation and its Other Non Cash Items accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CVRx Inc. 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.

Stock Based Compensation vs Other Non Cash Items

Stock Based Compensation vs Other Non Cash Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CVRx Inc Stock Based Compensation account and Other Non Cash Items. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between CVRx's Stock Based Compensation and Other Non Cash Items is -0.55. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of CVRx Inc, assuming nothing else is changed. The correlation between historical values of CVRx's Stock Based Compensation and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Stock Based Compensation of CVRx Inc are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Stock Based Compensation i.e., CVRx's Stock Based Compensation and Other Non Cash Items go up and down completely randomly.

Correlation Coefficient

-0.55
Relationship DirectionNegative 
Relationship StrengthVery Weak

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

Other Non Cash Items

Most indicators from CVRx's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CVRx Inc 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 CVRx Inc. 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.
Tax Provision is likely to drop to about 108.7 K in 2024. Selling General Administrative is likely to drop to about 34.2 M in 2024
 2021 2022 2023 2024 (projected)
Gross Profit9.4M17.5M33.0M34.7M
Total Revenue13.0M22.5M39.3M41.3M

CVRx fundamental ratios Correlations

-0.35-0.97-0.840.970.810.960.86-0.97-0.820.71.00.860.560.56-0.41.00.80.930.8-0.940.760.980.98-0.940.96
-0.350.210.29-0.290.12-0.220.070.54-0.090.12-0.410.070.520.531.0-0.410.11-0.13-0.020.270.23-0.46-0.240.27-0.25
-0.970.210.89-0.97-0.82-0.98-0.870.910.9-0.71-0.96-0.87-0.67-0.670.26-0.96-0.81-0.97-0.910.95-0.79-0.94-0.960.95-0.97
-0.840.290.89-0.8-0.55-0.81-0.570.830.7-0.32-0.86-0.57-0.41-0.390.33-0.86-0.47-0.79-0.810.77-0.45-0.81-0.750.78-0.8
0.97-0.29-0.97-0.80.771.00.9-0.91-0.880.770.950.90.650.65-0.350.950.850.980.88-1.00.80.970.96-1.01.0
0.810.12-0.82-0.550.770.790.91-0.68-0.860.870.760.910.810.810.070.760.920.820.74-0.740.930.70.89-0.740.78
0.96-0.22-0.98-0.811.00.790.91-0.89-0.910.790.940.910.70.7-0.280.940.870.990.91-1.00.830.950.96-1.01.0
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-0.970.540.910.83-0.91-0.68-0.89-0.730.67-0.55-0.99-0.73-0.36-0.350.59-0.99-0.66-0.84-0.680.88-0.6-0.98-0.920.88-0.9
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0.70.12-0.71-0.320.770.870.790.93-0.55-0.860.630.930.840.850.060.630.970.820.72-0.780.960.660.8-0.780.78
1.0-0.41-0.96-0.860.950.760.940.81-0.99-0.770.630.810.490.49-0.461.00.740.910.78-0.920.70.980.96-0.920.94
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0.560.52-0.67-0.410.650.810.70.87-0.36-0.870.840.490.871.00.470.490.880.760.76-0.670.920.480.66-0.670.68
0.560.53-0.67-0.390.650.810.70.87-0.35-0.870.850.490.871.00.470.490.880.760.75-0.660.920.480.66-0.660.67
-0.41.00.260.33-0.350.07-0.280.010.59-0.040.06-0.460.010.470.47-0.460.05-0.19-0.070.330.17-0.52-0.30.33-0.31
1.0-0.41-0.96-0.860.950.760.940.81-0.99-0.770.631.00.810.490.49-0.460.740.910.78-0.920.70.980.96-0.920.94
0.80.11-0.81-0.470.850.920.870.99-0.66-0.90.970.740.990.880.880.050.740.890.77-0.850.990.760.89-0.850.86
0.93-0.13-0.97-0.790.980.820.990.93-0.84-0.950.820.910.930.760.76-0.190.910.890.94-0.980.860.920.95-0.980.99
0.8-0.02-0.91-0.810.880.740.910.8-0.68-0.970.720.780.80.760.75-0.070.780.770.94-0.880.750.770.81-0.880.89
-0.940.270.950.77-1.0-0.74-1.0-0.90.880.89-0.78-0.92-0.9-0.67-0.660.33-0.92-0.85-0.98-0.88-0.8-0.96-0.941.0-1.0
0.760.23-0.79-0.450.80.930.830.98-0.6-0.890.960.70.980.920.920.170.70.990.860.75-0.80.690.86-0.80.81
0.98-0.46-0.94-0.810.970.70.950.82-0.98-0.770.660.980.820.480.48-0.520.980.760.920.77-0.960.690.95-0.960.96
0.98-0.24-0.96-0.750.960.890.960.93-0.92-0.860.80.960.930.660.66-0.30.960.890.950.81-0.940.860.95-0.940.96
-0.940.270.950.78-1.0-0.74-1.0-0.90.880.89-0.78-0.92-0.9-0.67-0.660.33-0.92-0.85-0.98-0.881.0-0.8-0.96-0.94-1.0
0.96-0.25-0.97-0.81.00.781.00.91-0.9-0.90.780.940.910.680.67-0.310.940.860.990.89-1.00.810.960.96-1.0
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CVRx Account Relationship Matchups

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Additional Tools for CVRx Stock Analysis

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