| UCTT Stock | | | USD 37.30 0.10 0.27% |
Ultra Clean financial indicator trend analysis is much more than just breaking down Ultra Clean Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ultra Clean Holdings is a good investment. Please check the relationship between Ultra Clean Cash And Short Term Investments and its Cash accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Ultra Clean Holdings. 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.
Cash And Short Term Investments vs Cash
Cash And Short Term Investments vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Ultra Clean Holdings Cash And Short Term Investments account and
Cash. At this time, the significance of the direction appears to have totally related.
The correlation between Ultra Clean's Cash And Short Term Investments and Cash is 1.0. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Cash in the same time period over historical financial statements of Ultra Clean Holdings, assuming nothing else is changed. The correlation between historical values of Ultra Clean's Cash And Short Term Investments and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Ultra Clean Holdings are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Cash And Short Term Investments i.e., Ultra Clean's Cash And Short Term Investments and Cash go up and down completely randomly.
Correlation Coefficient | 1.0 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Ultra Clean Holdings balance sheet. This account contains Ultra Clean investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Ultra Clean Holdings fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Cash
Cash refers to the most liquid asset of Ultra Clean Holdings, which is listed under current asset account on Ultra Clean Holdings balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Ultra Clean customers. The amounts must be unrestricted with restricted cash listed in a different Ultra Clean account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Ultra Clean's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ultra Clean Holdings 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
World Market Map to better understand how to build diversified portfolios, which includes a position in Ultra Clean Holdings. 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, Ultra Clean's
Selling General Administrative is comparatively stable compared to the past year.
Enterprise Value Over EBITDA is likely to gain to 11.05 in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.06 in 2024.
Ultra Clean fundamental ratios Correlations
Click cells to compare fundamentals
Ultra Clean Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ultra Clean fundamental ratios Accounts
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for Ultra Stock Analysis
When running Ultra Clean's price analysis, check to
measure Ultra Clean'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 Ultra Clean is operating at the current time. Most of Ultra Clean's value examination focuses on studying past and present price action to
predict the probability of Ultra Clean's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ultra Clean's price. Additionally, you may evaluate how the addition of Ultra Clean to your portfolios can decrease your overall portfolio volatility.