CXT Stock | | | 62.20 2.09 3.48% |
Crane NXT financial indicator trend analysis is way more than just evaluating Crane NXT prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Crane NXT is a good investment. Please check the relationship between Crane NXT Capital Surpluse and its Property Plant Equipment accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Crane NXT Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in interest.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Crane NXT Capital Surpluse account and
Property Plant Equipment. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Crane NXT's Capital Surpluse and Property Plant Equipment is 0.94. Overlapping area represents the amount of variation of Capital Surpluse that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Crane NXT Co, assuming nothing else is changed. The correlation between historical values of Crane NXT's Capital Surpluse and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Surpluse of Crane NXT Co are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Capital Surpluse i.e., Crane NXT's Capital Surpluse and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.94 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Most indicators from Crane NXT's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Crane NXT 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 Crane NXT Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in interest.
Tax Provision is likely to gain to about 78.4
M in 2024.
Selling General Administrative is likely to gain to about 517.6
M in 2024
When running Crane NXT's price analysis, check to
measure Crane NXT'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 Crane NXT is operating at the current time. Most of Crane NXT's value examination focuses on studying past and present price action to
predict the probability of Crane NXT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Crane NXT's price. Additionally, you may evaluate how the addition of Crane NXT to your portfolios can decrease your overall portfolio volatility.