CSTR Stock | | | CAD 0.03 0.01 14.29% |
CryptoStar Corp financial indicator trend analysis is way more than just evaluating CryptoStar Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CryptoStar Corp is a good investment. Please check the relationship between CryptoStar Corp Cash and its Net Invested Capital accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in CryptoStar Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
Cash vs Net Invested Capital
Cash vs Net Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
CryptoStar Corp Cash account and
Net Invested Capital. At this time, the significance of the direction appears to have almost identical trend.
The correlation between CryptoStar Corp's Cash and Net Invested Capital is 0.97. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of CryptoStar Corp, assuming nothing else is changed. The correlation between historical values of CryptoStar Corp's Cash and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of CryptoStar Corp are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Cash i.e., CryptoStar Corp's Cash and Net Invested Capital go up and down completely randomly.
Correlation Coefficient | 0.97 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Cash
Cash refers to the most liquid asset of CryptoStar Corp, which is listed under current asset account on CryptoStar Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from CryptoStar Corp customers. The amounts must be unrestricted with restricted cash listed in a different CryptoStar Corp account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
Most indicators from CryptoStar Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CryptoStar Corp 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 CryptoStar Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
At this time, CryptoStar Corp's
Selling General Administrative is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to climb to 0.61 in 2024, despite the fact that
Issuance Of Capital Stock is likely to grow to (222.9
K).
CryptoStar Corp fundamental ratios Correlations
Click cells to compare fundamentals
CryptoStar Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
CryptoStar Corp fundamental ratios Accounts
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Additional Tools for CryptoStar Stock Analysis
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measure CryptoStar Corp'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 CryptoStar Corp is operating at the current time. Most of CryptoStar Corp's value examination focuses on studying past and present price action to
predict the probability of CryptoStar Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CryptoStar Corp's price. Additionally, you may evaluate how the addition of CryptoStar Corp to your portfolios can decrease your overall portfolio volatility.