| 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 Change To Operating Activities and its Net Income 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.
Change To Operating Activities vs Net Income
Change To Operating Activities vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Cobalt Power Group Change To Operating Activities account and
Net Income. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Cobalt Power's Change To Operating Activities and Net Income is 0.52. Overlapping area represents the amount of variation of Change To Operating Activities that can explain the historical movement of Net Income 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 Change To Operating Activities and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Operating Activities of Cobalt Power Group are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Change To Operating Activities i.e., Cobalt Power's Change To Operating Activities and Net Income go up and down completely randomly.
Correlation Coefficient | 0.52 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Change To Operating Activities
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Cobalt Power Group financial statement analysis. It represents the amount of money remaining after all of Cobalt Power Group operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
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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measure Cobalt Power'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 Cobalt Power is operating at the current time. Most of Cobalt Power's value examination focuses on studying past and present price action to
predict the probability of Cobalt Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cobalt Power's price. Additionally, you may evaluate how the addition of Cobalt Power to your portfolios can decrease your overall portfolio volatility.