| CCB Stock | | | CAD 0.01 0.01 25.00% |
Canada Carbon financial indicator trend analysis is way more than just evaluating Canada Carbon prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Canada Carbon is a good investment. Please check the relationship between Canada Carbon Short Term Investments and its Common Stock Shares Outstanding accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Canada Carbon. 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.
Short Term Investments vs Common Stock Shares Outstanding
Short Term Investments vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Canada Carbon Short Term Investments account and
Common Stock Shares Outstanding. At this time, the significance of the direction appears to have pay attention.
The correlation between Canada Carbon's Short Term Investments and Common Stock Shares Outstanding is -0.77. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Canada Carbon, assuming nothing else is changed. The correlation between historical values of Canada Carbon's Short Term Investments 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 Short Term Investments of Canada Carbon 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 Short Term Investments i.e., Canada Carbon's Short Term Investments and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | -0.77 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Short Term Investments
Short Term Investments is an item under the current assets section of Canada Carbon balance sheet. It contains any investments Canada Carbon undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Canada Carbon can easily liquidate in the marketplace.
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 Canada Carbon's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Canada Carbon 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 Canada Carbon. 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, Canada Carbon's
Selling General Administrative is fairly stable compared to the past year.
Enterprise Value Over EBITDA is likely to climb to 305.13 in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 966.3
K in 2024.
Canada Carbon fundamental ratios Correlations
Click cells to compare fundamentals
Canada Carbon Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Canada Carbon 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 Canada Stock Analysis
When running Canada Carbon's price analysis, check to
measure Canada Carbon'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 Canada Carbon is operating at the current time. Most of Canada Carbon's value examination focuses on studying past and present price action to
predict the probability of Canada Carbon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canada Carbon's price. Additionally, you may evaluate how the addition of Canada Carbon to your portfolios can decrease your overall portfolio volatility.