LCTX Stock | | | USD 0.57 0.04 6.56% |
Lineage Cell financial indicator trend analysis is infinitely more than just investigating Lineage Cell Therapeutics recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lineage Cell Therapeutics is a good investment. Please check the relationship between Lineage Cell Net Income Per Share and its Net Income accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lineage Cell Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
Net Income Per Share vs Net Income
Net Income Per Share vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Lineage Cell Therapeutics Net Income Per Share account and
Net Income. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Lineage Cell's Net Income Per Share and Net Income is 0.82. Overlapping area represents the amount of variation of Net Income Per Share that can explain the historical movement of Net Income in the same time period over historical financial statements of Lineage Cell Therapeutics, assuming nothing else is changed. The correlation between historical values of Lineage Cell's Net Income Per Share and Net Income 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 Income Per Share of Lineage Cell Therapeutics are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Net Income Per Share i.e., Lineage Cell's Net Income Per Share and Net Income go up and down completely randomly.
Correlation Coefficient | 0.82 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Net Income Per Share
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Lineage Cell Therapeutics financial statement analysis. It represents the amount of money remaining after all of Lineage Cell Therapeutics operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Lineage Cell's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lineage Cell Therapeutics 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
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lineage Cell Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
At this time, Lineage Cell's
Issuance Of Capital Stock is fairly stable compared to the past year.
Enterprise Value is likely to rise to about 206.5
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 11
M in 2024.
Lineage Cell fundamental ratios Correlations
Click cells to compare fundamentals
Lineage Cell Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lineage Cell fundamental ratios Accounts
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