Coincheck Group Financials
| CNCKW Stock | 1.69 0.06 3.43% |
Coincheck |
Understanding current and past Coincheck Group Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Coincheck Group's financial statements are interrelated, with each one affecting the others. For example, an increase in Coincheck Group's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Coincheck Group's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Coincheck Group NV. Check Coincheck Group's Beneish M Score to see the likelihood of Coincheck Group's management manipulating its earnings.
Coincheck Group Stock Summary
Coincheck Group competes with Synchrony Financial, Synchrony Financial, World Acceptance, FinVolution, and Federal Agricultural. Coincheck Group is entity of United States. It is traded as Stock on NASDAQ exchange.Specialization | Financial Services, Credit Services |
| Instrument | USA Stock View All |
| Exchange | NASDAQ Exchange |
| CUSIP | 88605L115 N20967100 |
| Sector | Financial Services |
| Industry | Credit Services |
| Benchmark | Dow Jones Industrial |
Coincheck Group NV Systematic Risk
Coincheck Group's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Coincheck Group volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of two. The Beta measures systematic risk based on how returns on Coincheck Group NV correlated with the market. If Beta is less than 0 Coincheck Group generally moves in the opposite direction as compared to the market. If Coincheck Group Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Coincheck Group NV is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Coincheck Group is generally in the same direction as the market. If Beta > 1 Coincheck Group moves generally in the same direction as, but more than the movement of the benchmark.
Steps to analyze company Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Coincheck Group is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Coincheck has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if Coincheck Group's financials are consistent with your investment objective using the following steps:- Review Coincheck Group's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand Coincheck Group's liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare Coincheck Group's financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Coincheck Group's stock is overvalued or undervalued.
Coincheck Group January 10, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Coincheck Group help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Coincheck Group NV. We use our internally-developed statistical techniques to arrive at the intrinsic value of Coincheck Group NV based on widely used predictive technical indicators. In general, we focus on analyzing Coincheck Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Coincheck Group's daily price indicators and compare them against related drivers.
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 57.97 | |||
| Value At Risk | (23.14) | |||
| Potential Upside | 22.49 |
Additional Tools for Coincheck Stock Analysis
When running Coincheck Group's price analysis, check to measure Coincheck Group'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 Coincheck Group is operating at the current time. Most of Coincheck Group's value examination focuses on studying past and present price action to predict the probability of Coincheck Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Coincheck Group's price. Additionally, you may evaluate how the addition of Coincheck Group to your portfolios can decrease your overall portfolio volatility.