Cadeler Other Current Assets vs Other Assets Analysis
CDLR Stock | 22.41 0.66 3.03% |
Cadeler AS financial indicator trend analysis is way more than just evaluating Cadeler AS prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cadeler AS is a good investment. Please check the relationship between Cadeler AS Other Current Assets and its Other Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cadeler AS. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. To learn how to invest in Cadeler Stock, please use our How to Invest in Cadeler AS guide.
Other Current Assets vs Other Assets
Other Current Assets vs Other Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cadeler AS Other Current Assets account and Other Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Cadeler AS's Other Current Assets and Other Assets is -0.51. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Other Assets in the same time period over historical financial statements of Cadeler AS, assuming nothing else is changed. The correlation between historical values of Cadeler AS's Other Current Assets and Other Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Cadeler AS are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Other Current Assets i.e., Cadeler AS's Other Current Assets and Other Assets go up and down completely randomly.
Correlation Coefficient | -0.51 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Other Assets
Most indicators from Cadeler AS's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cadeler AS 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 Cadeler AS. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. To learn how to invest in Cadeler Stock, please use our How to Invest in Cadeler AS guide.At this time, Cadeler AS's Tax Provision is relatively stable compared to the past year. As of 12/23/2024, Enterprise Value Over EBITDA is likely to grow to 26.67, while Issuance Of Capital Stock is likely to drop 0.00.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 10.9M | 15.7M | 34.3M | 17.8M | Cost Of Revenue | 38.9M | 49.5M | 59.9M | 52.5M |
Cadeler AS fundamental ratios Correlations
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Cadeler AS Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Cadeler AS
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 Cadeler AS 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 Cadeler AS will appreciate offsetting losses from the drop in the long position's value.Moving against Cadeler Stock
0.96 | ESOA | Energy Services | PairCorr |
0.87 | APG | Api Group Corp | PairCorr |
0.86 | ORN | Orion Group Holdings | PairCorr |
0.84 | ACA | Arcosa Inc | PairCorr |
0.83 | GVA | Granite Construction | PairCorr |
The ability to find closely correlated positions to Cadeler AS could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cadeler AS 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 Cadeler AS - 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 Cadeler AS to buy it.
The correlation of Cadeler AS 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 Cadeler AS moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cadeler AS 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 Cadeler AS 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.Additional Tools for Cadeler Stock Analysis
When running Cadeler AS's price analysis, check to measure Cadeler AS'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 Cadeler AS is operating at the current time. Most of Cadeler AS's value examination focuses on studying past and present price action to predict the probability of Cadeler AS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cadeler AS's price. Additionally, you may evaluate how the addition of Cadeler AS to your portfolios can decrease your overall portfolio volatility.