| CATC Stock | | | 220.00 0.00 0.00% |
CATCo Reinsurance financial indicator trend analysis is way more than just evaluating CATCo Reinsurance Opps prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CATCo Reinsurance Opps is a good investment. Please check the relationship between CATCo Reinsurance Total Stockholder Equity and its Net Receivables accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in CATCo Reinsurance Opps. 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.
Total Stockholder Equity vs Net Receivables
Total Stockholder Equity vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
CATCo Reinsurance Opps Total Stockholder Equity account and
Net Receivables. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between CATCo Reinsurance's Total Stockholder Equity and Net Receivables is -0.22. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Net Receivables in the same time period over historical financial statements of CATCo Reinsurance Opps, assuming nothing else is changed. The correlation between historical values of CATCo Reinsurance's Total Stockholder Equity and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of CATCo Reinsurance Opps are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Total Stockholder Equity i.e., CATCo Reinsurance's Total Stockholder Equity and Net Receivables go up and down completely randomly.
Correlation Coefficient | -0.22 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Net Receivables
Most indicators from CATCo Reinsurance's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CATCo Reinsurance Opps 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 CATCo Reinsurance Opps. 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.
Selling General Administrative is likely to drop to about 87.1
K in 2024
CATCo Reinsurance fundamental ratios Correlations
Click cells to compare fundamentals
CATCo Reinsurance Account Relationship Matchups
High Positive Relationship
High Negative Relationship
CATCo Reinsurance fundamental ratios Accounts
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Additional Tools for CATCo Stock Analysis
When running CATCo Reinsurance's price analysis, check to
measure CATCo Reinsurance'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 CATCo Reinsurance is operating at the current time. Most of CATCo Reinsurance's value examination focuses on studying past and present price action to
predict the probability of CATCo Reinsurance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CATCo Reinsurance's price. Additionally, you may evaluate how the addition of CATCo Reinsurance to your portfolios can decrease your overall portfolio volatility.