COGT Stock | | | USD 7.79 0.05 0.64% |
Cogent Biosciences financial indicator trend analysis is way more than just evaluating Cogent Biosciences prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cogent Biosciences is a good investment. Please check the relationship between Cogent Biosciences Net Income and its Stock Based Compensation accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Cogent Biosciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in price.
For more information on how to buy Cogent Stock please use our
How to Invest in Cogent Biosciences guide.
Net Income vs Stock Based Compensation
Net Income vs Stock Based Compensation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Cogent Biosciences Net Income account and
Stock Based Compensation. At this time, the significance of the direction appears to have pay attention.
The correlation between Cogent Biosciences' Net Income and Stock Based Compensation is -0.99. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Stock Based Compensation in the same time period over historical financial statements of Cogent Biosciences, assuming nothing else is changed. The correlation between historical values of Cogent Biosciences' Net Income and Stock Based Compensation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Cogent Biosciences are associated (or correlated) with its Stock Based Compensation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Stock Based Compensation has no effect on the direction of Net Income i.e., Cogent Biosciences' Net Income and Stock Based Compensation go up and down completely randomly.
Correlation Coefficient | -0.99 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Cogent Biosciences financial statement analysis. It represents the amount of money remaining after all of Cogent Biosciences operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Stock Based Compensation
Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.
Most indicators from Cogent Biosciences' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cogent Biosciences 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 Cogent Biosciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in price.
For more information on how to buy Cogent Stock please use our
How to Invest in Cogent Biosciences guide.At this time, Cogent Biosciences'
Selling General Administrative is comparatively stable compared to the past year.
Sales General And Administrative To Revenue is likely to gain to 2.09 in 2024, despite the fact that
Enterprise Value Multiple is likely to grow to
(2.00).
Cogent Biosciences fundamental ratios Correlations
Click cells to compare fundamentals
Cogent Biosciences Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Cogent Biosciences fundamental ratios Accounts
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Additional Tools for Cogent Stock Analysis
When running Cogent Biosciences' price analysis, check to
measure Cogent Biosciences' 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 Cogent Biosciences is operating at the current time. Most of Cogent Biosciences' value examination focuses on studying past and present price action to
predict the probability of Cogent Biosciences' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cogent Biosciences' price. Additionally, you may evaluate how the addition of Cogent Biosciences to your portfolios can decrease your overall portfolio volatility.