CRBK Stock | | | CAD 0.1 0.01 5.00% |
Carebook Technologies financial indicator trend analysis is way more than just evaluating Carebook Technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Carebook Technologies is a good investment. Please check the relationship between Carebook Technologies Ebitda and its Net Income From Continuing Ops accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Carebook Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in industry.
Ebitda vs Net Income From Continuing Ops
Ebitda vs Net Income From Continuing Ops Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Carebook Technologies Ebitda account and
Net Income From Continuing Ops. At this time, the significance of the direction appears to have strong relationship.
The correlation between Carebook Technologies' Ebitda and Net Income From Continuing Ops is 0.71. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Carebook Technologies, assuming nothing else is changed. The correlation between historical values of Carebook Technologies' Ebitda and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebitda of Carebook Technologies are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Ebitda i.e., Carebook Technologies' Ebitda and Net Income From Continuing Ops go up and down completely randomly.
Correlation Coefficient | 0.71 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Ebitda
Net Income From Continuing Ops
Most indicators from Carebook Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Carebook Technologies 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 Carebook Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in industry.
Issuance Of Capital Stock is likely to climb to about 4.1
M in 2025, whereas
Selling General Administrative is likely to drop slightly above 4.3
M in 2025.
Carebook Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Carebook Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Carebook Technologies fundamental ratios Accounts
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Additional Tools for Carebook Stock Analysis
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measure Carebook Technologies' 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 Carebook Technologies is operating at the current time. Most of Carebook Technologies' value examination focuses on studying past and present price action to
predict the probability of Carebook Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Carebook Technologies' price. Additionally, you may evaluate how the addition of Carebook Technologies to your portfolios can decrease your overall portfolio volatility.