CCC Change In Cash vs Investments Analysis
CCCS Stock | USD 10.80 0.14 1.31% |
CCC Intelligent financial indicator trend analysis is way more than just evaluating CCC Intelligent Solutions prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CCC Intelligent Solutions is a good investment. Please check the relationship between CCC Intelligent Change In Cash and its Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CCC Intelligent Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Change In Cash vs Investments
Change In Cash vs Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CCC Intelligent Solutions Change In Cash account and Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between CCC Intelligent's Change In Cash and Investments is 0.75. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Investments in the same time period over historical financial statements of CCC Intelligent Solutions, assuming nothing else is changed. The correlation between historical values of CCC Intelligent's Change In Cash 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 Change In Cash of CCC Intelligent Solutions 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 Change In Cash i.e., CCC Intelligent's Change In Cash and Investments go up and down completely randomly.
Correlation Coefficient | 0.75 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Change In Cash
Investments
Securities or assets acquired for generating income or appreciating in value, not used in daily operations.Most indicators from CCC Intelligent's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CCC Intelligent Solutions 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 CCC Intelligent Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. At this time, CCC Intelligent's Tax Provision is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 38.18 in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 492.6M | 568.5M | 636.2M | 552.7M | Total Revenue | 688.3M | 782.4M | 866.4M | 789.0M |
CCC Intelligent fundamental ratios Correlations
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CCC Intelligent Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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Additional Tools for CCC Stock Analysis
When running CCC Intelligent's price analysis, check to measure CCC Intelligent'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 CCC Intelligent is operating at the current time. Most of CCC Intelligent's value examination focuses on studying past and present price action to predict the probability of CCC Intelligent's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CCC Intelligent's price. Additionally, you may evaluate how the addition of CCC Intelligent to your portfolios can decrease your overall portfolio volatility.