PMTS Stock | | | USD 34.30 0.60 1.78% |
CPI Card financial indicator trend analysis is way more than just evaluating CPI Card Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CPI Card Group is a good investment. Please check the relationship between CPI Card Pb Ratio and its Days Of Inventory On Hand accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in CPI Card 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 estimate.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
CPI Card Group Pb Ratio account and
Days Of Inventory On Hand. At this time, the significance of the direction appears to have no relationship.
The correlation between CPI Card's Pb Ratio and Days Of Inventory On Hand is 0.03. Overlapping area represents the amount of variation of Pb Ratio that can explain the historical movement of Days Of Inventory On Hand in the same time period over historical financial statements of CPI Card Group, assuming nothing else is changed. The correlation between historical values of CPI Card's Pb Ratio and Days Of Inventory On Hand is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pb Ratio of CPI Card Group are associated (or correlated) with its Days Of Inventory On Hand. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Of Inventory On Hand has no effect on the direction of Pb Ratio i.e., CPI Card's Pb Ratio and Days Of Inventory On Hand go up and down completely randomly.
Correlation Coefficient | 0.03 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Most indicators from CPI Card's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CPI Card 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
Your Equity Center to better understand how to build diversified portfolios, which includes a position in CPI Card 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 estimate.
At this time, CPI Card's
Tax Provision is comparatively stable compared to the past year.
Enterprise Value Over EBITDA is likely to gain to 6.51 in 2024, whereas
Selling General Administrative is likely to drop slightly above 76.1
M in 2024.
When running CPI Card's price analysis, check to
measure CPI Card'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 CPI Card is operating at the current time. Most of CPI Card's value examination focuses on studying past and present price action to
predict the probability of CPI Card's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CPI Card's price. Additionally, you may evaluate how the addition of CPI Card to your portfolios can decrease your overall portfolio volatility.