CAJ Stock | | | 0.37 0.01 2.78% |
Capitol Health financial indicator trend analysis is way more than just evaluating Capitol Health prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Capitol Health is a good investment. Please check the relationship between Capitol Health Reconciled Depreciation and its Total Revenue accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Capitol Health. 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.
Reconciled Depreciation vs Total Revenue
Reconciled Depreciation vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Capitol Health Reconciled Depreciation account and
Total Revenue. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Capitol Health's Reconciled Depreciation and Total Revenue is 0.82. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Capitol Health, assuming nothing else is changed. The correlation between historical values of Capitol Health's Reconciled Depreciation and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Reconciled Depreciation of Capitol Health are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Reconciled Depreciation i.e., Capitol Health's Reconciled Depreciation and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.82 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Reconciled Depreciation
Total Revenue
Total revenue comprises all receipts Capitol Health generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Capitol Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Capitol Health 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 Capitol Health. 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, Capitol Health's
Selling General Administrative is comparatively stable compared to the past year.
Discontinued Operations is likely to gain to about 172.7
K in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 442.9
K in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Cost Of Revenue | 145.9M | 172.4M | 190.1M | 199.6M | Total Revenue | 184.2M | 209.6M | 234.8M | 246.6M |
Capitol Health fundamental ratios Correlations
Click cells to compare fundamentals
Capitol Health Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Capitol Health 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 Capitol Stock Analysis
When running Capitol Health's price analysis, check to
measure Capitol Health'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 Capitol Health is operating at the current time. Most of Capitol Health's value examination focuses on studying past and present price action to
predict the probability of Capitol Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Capitol Health's price. Additionally, you may evaluate how the addition of Capitol Health to your portfolios can decrease your overall portfolio volatility.