CPT Stock | | | USD 115.25 0.34 0.30% |
Camden Property financial indicator trend analysis is way more than just evaluating Camden Property Trust prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Camden Property Trust is a good investment. Please check the relationship between Camden Property Gross Profit and its Income Tax Expense accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Camden Property Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in american community survey.
Gross Profit vs Income Tax Expense
Gross Profit vs Income Tax Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Camden Property Trust Gross Profit account and
Income Tax Expense. At this time, the significance of the direction appears to have strong relationship.
The correlation between Camden Property's Gross Profit and Income Tax Expense is 0.66. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Camden Property Trust, assuming nothing else is changed. The correlation between historical values of Camden Property's Gross Profit and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Camden Property Trust are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Gross Profit i.e., Camden Property's Gross Profit and Income Tax Expense go up and down completely randomly.
Correlation Coefficient | 0.66 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Camden Property Trust minus its cost of goods sold. It is profit before Camden Property operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Income Tax Expense
Most indicators from Camden Property's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Camden Property Trust 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 Camden Property Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in american community survey.
At this time, Camden Property's
Selling General Administrative is comparatively stable compared to the past year.
Enterprise Value is likely to gain to about 7.7
B in 2024, whereas
Discontinued Operations is likely to drop slightly above 6.5
M in 2024.
Camden Property fundamental ratios Correlations
Click cells to compare fundamentals
Camden Property Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Camden Property fundamental ratios Accounts
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Additional Tools for Camden Stock Analysis
When running Camden Property's price analysis, check to
measure Camden Property'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 Camden Property is operating at the current time. Most of Camden Property's value examination focuses on studying past and present price action to
predict the probability of Camden Property's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Camden Property's price. Additionally, you may evaluate how the addition of Camden Property to your portfolios can decrease your overall portfolio volatility.