CAE Stock | | | CAD 32.91 0.31 0.95% |
CAE financial indicator trend analysis is way more than just evaluating CAE Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CAE Inc is a good investment. Please check the relationship between CAE Property Plant And Equipment Gross and its Current Deferred Revenue accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in CAE Inc. 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.
Property Plant And Equipment Gross vs Current Deferred Revenue
Property Plant And Equipment Gross vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
CAE Inc Property Plant And Equipment Gross account and
Current Deferred Revenue. At this time, the significance of the direction appears to have very strong relationship.
The correlation between CAE's Property Plant And Equipment Gross and Current Deferred Revenue is 0.89. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of CAE Inc, assuming nothing else is changed. The correlation between historical values of CAE's Property Plant And Equipment Gross and Current Deferred 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 Property Plant And Equipment Gross of CAE Inc are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Property Plant And Equipment Gross i.e., CAE's Property Plant And Equipment Gross and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | 0.89 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Property Plant And Equipment Gross
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Most indicators from CAE's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CAE Inc 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 CAE Inc. 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, CAE's
Enterprise Value Over EBITDA is very stable compared to the past year. As of the 30th of November 2024,
Enterprise Value Multiple is likely to grow to 103.95, while
Selling General Administrative is likely to drop about 323.8
M.
CAE fundamental ratios Correlations
Click cells to compare fundamentals
CAE Account Relationship Matchups
High Positive Relationship
High Negative Relationship
CAE fundamental ratios Accounts
When determining whether CAE Inc is a strong investment it is important to analyze CAE's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact CAE's
future performance.
For an informed investment choice regarding CAE Stock, refer to the following important reports: Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in CAE Inc. 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.
You can also try the
Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Please note, there is a significant difference between CAE's value and its price as these two are different measures arrived at by different means. Investors typically determine if CAE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CAE'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.