Freightos Days Sales Outstanding vs Capex To Revenue Analysis

CRGO Stock   1.90  0.06  3.06%   
Freightos Limited financial indicator trend analysis is much more than just examining Freightos Limited latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Freightos Limited is a good investment. Please check the relationship between Freightos Limited Days Sales Outstanding and its Capex To Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Freightos Limited Ordinary. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

Days Sales Outstanding vs Capex To Revenue

Days Sales Outstanding vs Capex To Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Freightos Limited Days Sales Outstanding account and Capex To Revenue. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Freightos Limited's Days Sales Outstanding and Capex To Revenue is 0.42. Overlapping area represents the amount of variation of Days Sales Outstanding that can explain the historical movement of Capex To Revenue in the same time period over historical financial statements of Freightos Limited Ordinary, assuming nothing else is changed. The correlation between historical values of Freightos Limited's Days Sales Outstanding and Capex To 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 Days Sales Outstanding of Freightos Limited Ordinary are associated (or correlated) with its Capex To Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Revenue has no effect on the direction of Days Sales Outstanding i.e., Freightos Limited's Days Sales Outstanding and Capex To Revenue go up and down completely randomly.

Correlation Coefficient

0.42
Relationship DirectionPositive 
Relationship StrengthWeak

Days Sales Outstanding

Capex To Revenue

The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.
Most indicators from Freightos Limited's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Freightos Limited 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 Freightos Limited Ordinary. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
As of the 12th of December 2024, Enterprise Value is likely to grow to about 210.1 M, while Tax Provision is likely to drop about 114.2 K.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization1.1M2.4M2.8M2.1M
Interest Income150K194K2.3M2.4M

Freightos Limited fundamental ratios Correlations

-0.64-0.160.560.990.89-0.65-0.790.890.02-0.880.77-0.220.82-0.030.9-0.70.780.830.87-0.390.94-0.730.810.790.98
-0.640.190.05-0.71-0.230.00.17-0.340.750.47-0.02-0.54-0.12-0.74-0.240.54-0.9-0.18-0.18-0.06-0.540.0-0.33-0.43-0.54
-0.160.190.48-0.260.040.460.130.190.010.32-0.180.080.01-0.23-0.120.39-0.470.15-0.06-0.77-0.080.020.410.46-0.31
0.560.050.480.430.81-0.55-0.80.880.48-0.610.73-0.650.85-0.610.73-0.43-0.060.910.79-0.930.72-0.860.90.860.53
0.99-0.71-0.260.430.82-0.61-0.720.81-0.07-0.850.71-0.120.750.080.85-0.680.860.740.81-0.260.9-0.640.720.70.97
0.89-0.230.040.810.82-0.77-0.90.970.44-0.830.94-0.580.98-0.480.99-0.550.420.980.99-0.630.89-0.930.90.830.9
-0.650.00.46-0.55-0.61-0.770.91-0.66-0.60.86-0.930.81-0.840.51-0.840.71-0.28-0.76-0.850.21-0.730.89-0.48-0.37-0.77
-0.790.170.13-0.8-0.72-0.90.91-0.89-0.460.94-0.930.73-0.950.46-0.910.79-0.32-0.94-0.930.53-0.910.98-0.77-0.7-0.83
0.89-0.340.190.880.810.97-0.66-0.890.28-0.830.84-0.470.95-0.360.92-0.610.420.980.94-0.740.94-0.890.970.940.86
0.020.750.010.48-0.070.44-0.6-0.460.28-0.170.64-0.90.54-0.970.450.07-0.480.450.5-0.320.1-0.610.20.050.15
-0.880.470.32-0.61-0.85-0.830.860.94-0.83-0.17-0.830.5-0.840.14-0.860.92-0.6-0.84-0.860.33-0.960.85-0.7-0.66-0.91
0.77-0.02-0.180.730.710.94-0.93-0.930.840.64-0.83-0.780.97-0.620.97-0.560.30.910.97-0.460.8-0.960.710.60.85
-0.22-0.540.08-0.65-0.12-0.580.810.73-0.47-0.90.5-0.78-0.70.87-0.60.340.32-0.64-0.650.4-0.390.82-0.36-0.24-0.34
0.82-0.120.010.850.750.98-0.84-0.950.950.54-0.840.97-0.7-0.570.98-0.590.310.980.99-0.640.88-0.980.860.780.86
-0.03-0.74-0.23-0.610.08-0.480.510.46-0.36-0.970.14-0.620.87-0.57-0.46-0.120.53-0.51-0.520.51-0.130.63-0.33-0.2-0.13
0.9-0.24-0.120.730.850.99-0.84-0.910.920.45-0.860.97-0.60.98-0.46-0.590.480.941.0-0.510.89-0.920.820.740.94
-0.70.540.39-0.43-0.68-0.550.710.79-0.610.070.92-0.560.34-0.59-0.12-0.59-0.55-0.61-0.590.16-0.840.64-0.49-0.48-0.71
0.78-0.9-0.47-0.060.860.42-0.28-0.320.42-0.48-0.60.30.320.310.530.48-0.550.30.40.180.61-0.180.330.360.75
0.83-0.180.150.910.740.98-0.76-0.940.980.45-0.840.91-0.640.98-0.510.94-0.610.30.97-0.740.91-0.960.930.870.83
0.87-0.18-0.060.790.810.99-0.85-0.930.940.5-0.860.97-0.650.99-0.521.0-0.590.40.97-0.570.89-0.950.840.760.9
-0.39-0.06-0.77-0.93-0.26-0.630.210.53-0.74-0.320.33-0.460.4-0.640.51-0.510.160.18-0.74-0.57-0.520.62-0.86-0.85-0.3
0.94-0.54-0.080.720.90.89-0.73-0.910.940.1-0.960.8-0.390.88-0.130.89-0.840.610.910.89-0.52-0.840.860.840.92
-0.730.00.02-0.86-0.64-0.930.890.98-0.89-0.610.85-0.960.82-0.980.63-0.920.64-0.18-0.96-0.950.62-0.84-0.79-0.7-0.78
0.81-0.330.410.90.720.9-0.48-0.770.970.2-0.70.71-0.360.86-0.330.82-0.490.330.930.84-0.860.86-0.790.990.73
0.79-0.430.460.860.70.83-0.37-0.70.940.05-0.660.6-0.240.78-0.20.74-0.480.360.870.76-0.850.84-0.70.990.69
0.98-0.54-0.310.530.970.9-0.77-0.830.860.15-0.910.85-0.340.86-0.130.94-0.710.750.830.9-0.30.92-0.780.730.69
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Freightos Limited Account Relationship Matchups

Pair Trading with Freightos Limited

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Freightos Limited position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Freightos Limited will appreciate offsetting losses from the drop in the long position's value.

Moving together with Freightos Stock

Moving against Freightos Stock

  0.79PSIG PS InternationalPairCorr
  0.75ZTO ZTO ExpressPairCorr
  0.6SFWL Shengfeng DevelopmentPairCorr
  0.59GVH Globavend HoldingsPairCorr
  0.38FWRD Forward AirPairCorr
The ability to find closely correlated positions to Freightos Limited could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Freightos Limited when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Freightos Limited - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Freightos Limited Ordinary to buy it.
The correlation of Freightos Limited is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Freightos Limited moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Freightos Limited moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Freightos Limited can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Freightos Limited offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Freightos Limited's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Freightos Limited Ordinary Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Freightos Limited Ordinary Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Freightos Limited Ordinary. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Air Freight & Logistics space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Freightos Limited. If investors know Freightos will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Freightos Limited listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.30)
Revenue Per Share
0.445
Quarterly Revenue Growth
0.111
Return On Assets
(0.17)
Return On Equity
(0.29)
The market value of Freightos Limited is measured differently than its book value, which is the value of Freightos that is recorded on the company's balance sheet. Investors also form their own opinion of Freightos Limited's value that differs from its market value or its book value, called intrinsic value, which is Freightos Limited's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Freightos Limited's market value can be influenced by many factors that don't directly affect Freightos Limited's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Freightos Limited's value and its price as these two are different measures arrived at by different means. Investors typically determine if Freightos Limited is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Freightos Limited's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.