PGP Stock | | | CAD 0.02 0.01 20.00% |
Cobalt Power financial indicator trend analysis is way more than just evaluating Cobalt Power Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cobalt Power Group is a good investment. Please check the relationship between Cobalt Power Begin Period Cash Flow and its Investments accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Cobalt Power Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Begin Period Cash Flow vs Investments
Begin Period Cash Flow vs Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Cobalt Power Group Begin Period Cash Flow account and
Investments. At this time, the significance of the direction appears to have no relationship.
The correlation between Cobalt Power's Begin Period Cash Flow and Investments is 0.05. Overlapping area represents the amount of variation of Begin Period Cash Flow that can explain the historical movement of Investments in the same time period over historical financial statements of Cobalt Power Group, assuming nothing else is changed. The correlation between historical values of Cobalt Power's Begin Period Cash Flow 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 Begin Period Cash Flow of Cobalt Power Group 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 Begin Period Cash Flow i.e., Cobalt Power's Begin Period Cash Flow and Investments go up and down completely randomly.
Correlation Coefficient | 0.05 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.
Investments
Securities or assets acquired for generating income or appreciating in value, not used in daily operations.
Most indicators from Cobalt Power's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cobalt Power Group 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
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Cobalt Power Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Selling General Administrative is likely to drop to about 175.3
K in 2024.
Issuance Of Capital Stock is expected to grow at the current pace this year
Cobalt Power fundamental ratios Correlations
Click cells to compare fundamentals
Cobalt Power Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Cobalt Power fundamental ratios Accounts
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Additional Tools for Cobalt Stock Analysis
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