Eos Cash vs Common Stock Shares Outstanding Analysis
EOSEW Stock | USD 0.18 0.04 18.18% |
Eos Energy financial indicator trend analysis is much more than just examining Eos Energy Enterprises latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eos Energy Enterprises is a good investment. Please check the relationship between Eos Energy Cash and its Common Stock Shares Outstanding accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eos Energy Enterprises. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
Cash vs Common Stock Shares Outstanding
Cash vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eos Energy Enterprises Cash account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong relationship.
The correlation between Eos Energy's Cash and Common Stock Shares Outstanding is 0.7. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Eos Energy Enterprises, assuming nothing else is changed. The correlation between historical values of Eos Energy's Cash and Common Stock Shares Outstanding 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 Eos Energy Enterprises are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Cash i.e., Eos Energy's Cash and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | 0.7 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Cash
Cash refers to the most liquid asset of Eos Energy Enterprises, which is listed under current asset account on Eos Energy Enterprises balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Eos Energy customers. The amounts must be unrestricted with restricted cash listed in a different Eos Energy 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.Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Most indicators from Eos Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eos Energy Enterprises 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eos Energy Enterprises. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. Issuance Of Capital Stock is likely to climb to about 201.8 M in 2024, whereas Selling General Administrative is likely to drop slightly above 40.2 M in 2024.
2023 | 2024 (projected) | Depreciation And Amortization | 10.8M | 6.7M | Interest Income | 24.8M | 26.1M |
Eos Energy fundamental ratios Correlations
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Eos Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Eos Stock Analysis
When running Eos Energy's price analysis, check to measure Eos Energy'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 Eos Energy is operating at the current time. Most of Eos Energy's value examination focuses on studying past and present price action to predict the probability of Eos Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eos Energy's price. Additionally, you may evaluate how the addition of Eos Energy to your portfolios can decrease your overall portfolio volatility.