| ONE Stock | | | CAD 0.32 0.11 52.38% |
01 Communique financial indicator trend analysis is way more than just evaluating 01 Communique Laboratory prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether 01 Communique Laboratory is a good investment. Please check the relationship between 01 Communique Cash and its Common Stock Shares Outstanding accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in 01 Communique Laboratory. 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.
Cash vs Common Stock Shares Outstanding
Cash vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
01 Communique Laboratory Cash account and
Common Stock Shares Outstanding. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between 01 Communique's Cash and Common Stock Shares Outstanding is -0.34. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of 01 Communique Laboratory, assuming nothing else is changed. The correlation between historical values of 01 Communique's Cash 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 Cash of 01 Communique Laboratory 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 Cash i.e., 01 Communique's Cash and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | -0.34 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Cash
Cash refers to the most liquid asset of 01 Communique Laboratory, which is listed under current asset account on 01 Communique Laboratory balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from 01 Communique customers. The amounts must be unrestricted with restricted cash listed in a different 01 Communique account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
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 01 Communique's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into 01 Communique Laboratory 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
Your Equity Center to better understand how to build diversified portfolios, which includes a position in 01 Communique Laboratory. 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, 01 Communique's
Tax Provision is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to climb to 1.94 in 2024, whereas
Selling General Administrative is likely to drop slightly above 427.4
K in 2024.
01 Communique fundamental ratios Correlations
Click cells to compare fundamentals
01 Communique Account Relationship Matchups
High Positive Relationship
High Negative Relationship
01 Communique fundamental ratios Accounts
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Additional Tools for ONE Stock Analysis
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