CATLIN Common Stock vs Net Tangible Assets Analysis
CGL Stock | 94.00 1.00 1.05% |
CATLIN GROUP financial indicator trend analysis is way more than just evaluating CATLIN GROUP prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CATLIN GROUP is a good investment. Please check the relationship between CATLIN GROUP Common Stock and its Net Tangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CATLIN GROUP . Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Common Stock vs Net Tangible Assets
Common Stock vs Net Tangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CATLIN GROUP Common Stock account and Net Tangible Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between CATLIN GROUP's Common Stock and Net Tangible Assets is -0.85. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of CATLIN GROUP , assuming nothing else is changed. The correlation between historical values of CATLIN GROUP's Common Stock and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of CATLIN GROUP are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Common Stock i.e., CATLIN GROUP's Common Stock and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | -0.85 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Common Stock
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Most indicators from CATLIN GROUP's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CATLIN GROUP 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 CATLIN GROUP . Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. As of December 2, 2024, Tax Provision is expected to decline to 2,189. In addition to that, Selling General Administrative is expected to decline to about 2.4 M
CATLIN GROUP fundamental ratios Correlations
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CATLIN GROUP Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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.Other Information on Investing in CATLIN Stock
Balance Sheet is a snapshot of the financial position of CATLIN GROUP at a specified time, usually calculated after every quarter, six months, or one year. CATLIN GROUP Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of CATLIN GROUP and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which CATLIN currently owns. An asset can also be divided into two categories, current and non-current.