CTS Ebit from 2010 to 2024
| CTS Stock | USD 49.59 1.08 2.23% |
EBIT | First Reported 1990-03-31 | Previous Quarter 17.3 M | Current Value 16.2 M | Quarterly Volatility 11.8 M |
Check CTS financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CTS main balance sheet or income statement drivers, such as Depreciation And Amortization of 14.5 M, Interest Expense of 3.5 M or Selling General Administrative of 67.3 M, as well as many exotic indicators such as Price To Sales Ratio of 2.62, Dividend Yield of 0.0035 or PTB Ratio of 1.63. CTS financial statements analysis is a perfect complement when working with CTS Valuation or Volatility modules.
CTS | Ebit |
Latest CTS's Ebit Growth Pattern
Below is the plot of the Ebit of CTS Corporation over the last few years. It is CTS's EBIT historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in CTS's overall financial position and show how it may be relating to other accounts over time.
| Ebit | 10 Years Trend |
|
Ebit |
| Timeline |
CTS Ebit Regression Statistics
| Arithmetic Mean | 36,324,770 | |
| Geometric Mean | 26,368,971 | |
| Coefficient Of Variation | 71.73 | |
| Mean Deviation | 21,268,124 | |
| Median | 33,553,000 | |
| Standard Deviation | 26,057,182 | |
| Sample Variance | 679T | |
| Range | 74.6M | |
| R-Value | 0.85 | |
| Mean Square Error | 203.9T | |
| R-Squared | 0.72 | |
| Significance | 0.000062 | |
| Slope | 4,947,892 | |
| Total Sum of Squares | 9505.7T |
CTS Ebit History
Other Fundumenentals of CTS Corporation
About CTS Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include CTS income statement, its balance sheet, and the statement of cash flows. CTS investors use historical funamental indicators, such as CTS's Ebit, to determine how well the company is positioned to perform in the future. Although CTS investors may use each financial statement separately, they are all related. The changes in CTS's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on CTS's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on CTS Financial Statements. Understanding these patterns can help to make the right decision on long term investment in CTS. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| EBIT | 75.1 M | 78.8 M | |
| EBITDA | 75.1 M | 53.1 M | |
| Ebt Per Ebit | 0.95 | 0.77 | |
| Ebit Per Revenue | 0.14 | 0.15 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards CTS in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, CTS's short interest history, or implied volatility extrapolated from CTS options trading.
Pair Trading with CTS
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CTS position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CTS will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to CTS could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CTS when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CTS - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CTS Corporation to buy it.
The correlation of CTS is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CTS moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CTS Corporation moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for CTS can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of CTS Correlation against competitors. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Complementary Tools for CTS Stock analysis
When running CTS's price analysis, check to measure CTS'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 CTS is operating at the current time. Most of CTS's value examination focuses on studying past and present price action to predict the probability of CTS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CTS's price. Additionally, you may evaluate how the addition of CTS to your portfolios can decrease your overall portfolio volatility.
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Is CTS's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CTS. If investors know CTS will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CTS listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.38) | Dividend Share 0.16 | Earnings Share 1.7 | Revenue Per Share 17.028 | Quarterly Revenue Growth (0.14) |
The market value of CTS Corporation is measured differently than its book value, which is the value of CTS that is recorded on the company's balance sheet. Investors also form their own opinion of CTS's value that differs from its market value or its book value, called intrinsic value, which is CTS's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CTS's market value can be influenced by many factors that don't directly affect CTS's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CTS's value and its price as these two are different measures arrived at by different means. Investors typically determine if CTS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CTS's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.