UFC Stock | | | CAD 0.83 0.01 1.19% |
Urbanfund Corp financial indicator trend analysis is much more than just breaking down Urbanfund Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Urbanfund Corp is a good investment. Please check the relationship between Urbanfund Corp Cash and its Common Stock Shares Outstanding accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Urbanfund 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 board of governors.
Cash vs Common Stock Shares Outstanding
Cash vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Urbanfund Corp Cash account and
Common Stock Shares Outstanding. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Urbanfund Corp's Cash and Common Stock Shares Outstanding is 0.53. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Urbanfund Corp, assuming nothing else is changed. The correlation between historical values of Urbanfund Corp's Cash and Common Stock Shares Outstanding 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 of Urbanfund Corp are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Cash i.e., Urbanfund Corp's Cash and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | 0.53 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Cash
Cash refers to the most liquid asset of Urbanfund Corp, which is listed under current asset account on Urbanfund Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Urbanfund Corp customers. The amounts must be unrestricted with restricted cash listed in a different Urbanfund Corp 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.
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Urbanfund Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Urbanfund 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
World Market Map to better understand how to build diversified portfolios, which includes a position in Urbanfund 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 board of governors.
At this time, Urbanfund Corp's
Tax Provision is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to climb to 0.08 in 2024, whereas
Selling General Administrative is likely to drop slightly above 477.8
K in 2024.
Urbanfund Corp fundamental ratios Correlations
Click cells to compare fundamentals
Urbanfund Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Urbanfund Corp fundamental ratios Accounts
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