CRCT Stock | | | USD 5.94 0.32 5.69% |
Cricut financial indicator trend analysis is way more than just evaluating Cricut Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cricut Inc is a good investment. Please check the relationship between Cricut Sale Purchase Of Stock and its Investments accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Cricut 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 main economic indicators.
Sale Purchase Of Stock vs Investments
Sale Purchase Of Stock vs Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Cricut Inc Sale Purchase Of Stock account and
Investments. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Cricut's Sale Purchase Of Stock and Investments is 0.85. Overlapping area represents the amount of variation of Sale Purchase Of Stock that can explain the historical movement of Investments in the same time period over historical financial statements of Cricut Inc, assuming nothing else is changed. The correlation between historical values of Cricut's Sale Purchase Of Stock and Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Sale Purchase Of Stock of Cricut Inc are associated (or correlated) with its Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Investments has no effect on the direction of Sale Purchase Of Stock i.e., Cricut's Sale Purchase Of Stock and Investments go up and down completely randomly.
Correlation Coefficient | 0.85 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Sale Purchase Of Stock
Investments
Securities or assets acquired for generating income or appreciating in value, not used in daily operations.
Most indicators from Cricut's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cricut 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 Cricut 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 main economic indicators.
At this time, Cricut's
Tax Provision is comparatively stable compared to the past year.
Sales General And Administrative To Revenue is likely to gain to 0.12 in 2024, whereas
Selling General Administrative is likely to drop slightly above 49.3
M in 2024.
Cricut fundamental ratios Correlations
Click cells to compare fundamentals
Cricut Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Cricut fundamental ratios Accounts
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Additional Tools for Cricut Stock Analysis
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measure Cricut'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 Cricut is operating at the current time. Most of Cricut's value examination focuses on studying past and present price action to
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