CSP Research Development vs Depreciation And Amortization Analysis

CSPI Stock  USD 13.53  0.05  0.37%   
CSP financial indicator trend analysis is way more than just evaluating CSP Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CSP Inc is a good investment. Please check the relationship between CSP Research Development and its Depreciation And Amortization accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CSP Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.

Research Development vs Depreciation And Amortization

Research Development vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CSP Inc Research Development account and Depreciation And Amortization. At this time, the significance of the direction appears to have weak relationship.
The correlation between CSP's Research Development and Depreciation And Amortization is 0.36. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of CSP Inc, assuming nothing else is changed. The correlation between historical values of CSP's Research Development and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Research Development of CSP Inc are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Research Development i.e., CSP's Research Development and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

0.36
Relationship DirectionPositive 
Relationship StrengthVery Weak

Research Development

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Most indicators from CSP's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CSP Inc 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 CSP Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
The CSP's current Enterprise Value is estimated to increase to about 7.8 M, while Selling General Administrative is projected to decrease to under 13.1 M.
 2021 2022 2023 2024 (projected)
Interest Expense360K262K235.8K224.0K
Depreciation And Amortization935K931K837.9K565.5K

CSP fundamental ratios Correlations

-0.040.420.540.1-0.480.640.520.670.670.750.650.530.40.050.140.760.650.170.980.370.83-0.690.84-0.82-0.1
-0.040.58-0.1-0.20.17-0.09-0.18-0.110.02-0.320.48-0.28-0.760.11-0.27-0.250.240.180.04-0.19-0.04-0.37-0.04-0.070.6
0.420.58-0.27-0.020.32-0.15-0.29-0.060.18-0.160.64-0.27-0.360.410.07-0.10.880.350.540.640.13-0.590.07-0.370.63
0.54-0.1-0.270.02-0.760.940.930.920.770.690.480.890.37-0.31-0.080.73-0.10.070.45-0.30.76-0.330.81-0.59-0.43
0.1-0.2-0.020.020.230.01-0.10.270.16-0.110.070.350.29-0.2-0.210.250.130.290.00.110.29-0.070.23-0.22-0.01
-0.480.170.32-0.760.23-0.75-0.89-0.59-0.47-0.85-0.15-0.52-0.420.2-0.24-0.50.130.17-0.430.33-0.450.37-0.530.460.38
0.64-0.09-0.150.940.01-0.750.920.890.760.720.510.820.49-0.01-0.030.680.09-0.060.58-0.190.83-0.530.82-0.78-0.25
0.52-0.18-0.290.93-0.1-0.890.920.790.690.80.350.740.46-0.170.120.6-0.08-0.140.47-0.290.65-0.380.69-0.58-0.4
0.67-0.11-0.060.920.27-0.590.890.790.880.580.60.960.44-0.24-0.040.770.160.280.55-0.030.86-0.460.88-0.72-0.29
0.670.020.180.770.16-0.470.760.690.880.510.640.790.24-0.090.060.620.320.150.60.150.73-0.510.74-0.66-0.26
0.75-0.32-0.160.69-0.11-0.850.720.80.580.510.190.530.51-0.160.170.750.09-0.220.7-0.090.65-0.370.72-0.55-0.5
0.650.480.640.480.07-0.150.510.350.60.640.190.42-0.060.060.00.40.650.40.680.250.65-0.670.62-0.70.31
0.53-0.28-0.270.890.35-0.520.820.740.960.790.530.420.49-0.38-0.120.79-0.050.250.38-0.130.8-0.220.83-0.56-0.45
0.4-0.76-0.360.370.29-0.420.490.460.440.240.51-0.060.490.160.470.370.12-0.220.330.190.42-0.230.36-0.48-0.23
0.050.110.41-0.31-0.20.2-0.01-0.17-0.24-0.09-0.160.06-0.380.160.25-0.450.52-0.370.180.43-0.08-0.49-0.25-0.340.62
0.14-0.270.07-0.08-0.21-0.24-0.030.12-0.040.060.170.0-0.120.470.25-0.210.31-0.210.20.36-0.18-0.25-0.17-0.060.17
0.76-0.25-0.10.730.25-0.50.680.60.770.620.750.40.790.37-0.45-0.210.090.20.64-0.070.87-0.20.94-0.53-0.54
0.650.240.88-0.10.130.130.09-0.080.160.320.090.65-0.050.120.520.310.090.260.740.770.35-0.750.26-0.630.55
0.170.180.350.070.290.17-0.06-0.140.280.15-0.220.40.25-0.22-0.37-0.210.20.260.120.340.16-0.070.21-0.080.15
0.980.040.540.450.0-0.430.580.470.550.60.70.680.380.330.180.20.640.740.120.430.75-0.750.74-0.820.03
0.37-0.190.64-0.30.110.33-0.19-0.29-0.030.15-0.090.25-0.130.190.430.36-0.070.770.340.430.02-0.31-0.05-0.260.24
0.83-0.040.130.760.29-0.450.830.650.860.730.650.650.80.42-0.08-0.180.870.350.160.750.02-0.550.97-0.83-0.17
-0.69-0.37-0.59-0.33-0.070.37-0.53-0.38-0.46-0.51-0.37-0.67-0.22-0.23-0.49-0.25-0.2-0.75-0.07-0.75-0.31-0.55-0.470.86-0.48
0.84-0.040.070.810.23-0.530.820.690.880.740.720.620.830.36-0.25-0.170.940.260.210.74-0.050.97-0.47-0.74-0.29
-0.82-0.07-0.37-0.59-0.220.46-0.78-0.58-0.72-0.66-0.55-0.7-0.56-0.48-0.34-0.06-0.53-0.63-0.08-0.82-0.26-0.830.86-0.74-0.17
-0.10.60.63-0.43-0.010.38-0.25-0.4-0.29-0.26-0.50.31-0.45-0.230.620.17-0.540.550.150.030.24-0.17-0.48-0.29-0.17
Click cells to compare fundamentals

CSP Account Relationship Matchups

CSP fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets53.6M63.0M75.1M65.9M75.8M42.5M
Other Current Liab2.3M2.3M2.8M10.9M12.5M13.1M
Total Current Liabilities13.0M17.8M30.2M15.7M18.0M12.3M
Total Stockholder Equity29.5M34.0M39.0M46.1M53.1M55.7M
Property Plant And Equipment Net3.1M2.1M1.8M1.5M1.3M1.6M
Net Debt(15.4M)(18.3M)(18.8M)(24.7M)(22.3M)(21.1M)
Retained Earnings24.5M25.2M26.8M31.3M36.0M37.8M
Cash19.3M20.0M24.0M25.2M29.0M30.4M
Non Current Assets Total12.1M13.9M15.6M15.5M17.9M18.8M
Non Currrent Assets Other7.7M4.3M13.5M9.8M11.3M11.9M
Cash And Short Term Investments19.3M20.0M24.0M25.2M29.0M16.1M
Net Receivables13.4M18.7M23.0M20.1M23.1M24.3M
Common Stock Shares Outstanding8.1M8.4M8.6M8.9M10.3M10.8M
Liabilities And Stockholders Equity53.6M63.0M75.1M65.9M75.8M42.5M
Non Current Liabilities Total11.1M11.1M5.9M4.1M4.7M4.8M
Inventory5.3M4.0M4.4M2.5M2.9M4.9M
Other Current Assets3.7M6.3M8.1M2.5M2.9M4.2M
Other Stockholder Equity17.0M18.3M19.5M20.9M24.0M13.8M
Total Liab24.1M28.9M36.1M19.8M22.7M17.1M
Property Plant And Equipment Gross1.0M2.1M1.8M1.5M1.3M1.5M
Total Current Assets41.6M49.0M59.5M50.4M57.9M35.2M
Accumulated Other Comprehensive Income(12.0M)(9.4M)(7.3M)(6.1M)(5.5M)(5.8M)
Accounts Payable5.6M11.3M19.2M914K1.1M998.5K
Short Term Investments336K68K17K8K7.2K6.8K
Common Stock43K45K46K48K55.2K42.7K
Intangible Assets28K19K10K46K41.4K39.3K
Other Liab7.9M7.3M9.4M4.8M5.6M9.0M
Other Assets11.5M11.0M11.8M13.8M15.9M16.7M
Property Plant Equipment1.3M1.0M2.1M1.8M1.6M1.1M
Short Long Term Debt Total3.9M1.7M5.2M482K433.8K412.1K
Current Deferred Revenue947K1.9M4.1M1.9M1.7M2.4M
Short Term Debt4.1M2.3M4.1M2.0M2.3M2.0M
Long Term Debt684K2.5M876K449K516.4K376.6K
Net Tangible Assets30.4M29.5M34.0M39.0M44.8M28.2M
Non Current Liabilities Other8.6M4.8M3.5M2.4M2.1M2.0M
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 CSP 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, CSP's short interest history, or implied volatility extrapolated from CSP options trading.

Pair Trading with CSP

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 CSP 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 CSP will appreciate offsetting losses from the drop in the long position's value.

Moving together with CSP Stock

  0.64KD Kyndryl Holdings Earnings Call This WeekPairCorr

Moving against CSP Stock

  0.66AUR Aurora Innovation Buyout TrendPairCorr
The ability to find closely correlated positions to CSP could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CSP 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 CSP - 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 CSP Inc to buy it.
The correlation of CSP 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 CSP moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CSP Inc 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 CSP 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.
Pair CorrelationCorrelation Matching
When determining whether CSP Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of CSP's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Csp Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Csp Inc Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CSP Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

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When running CSP's price analysis, check to measure CSP'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 CSP is operating at the current time. Most of CSP's value examination focuses on studying past and present price action to predict the probability of CSP's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CSP's price. Additionally, you may evaluate how the addition of CSP to your portfolios can decrease your overall portfolio volatility.
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Is CSP'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 CSP. If investors know CSP 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 CSP 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
(0.04)
Dividend Share
0.085
Earnings Share
0.43
Revenue Per Share
6.985
Quarterly Revenue Growth
(0.16)
The market value of CSP Inc is measured differently than its book value, which is the value of CSP that is recorded on the company's balance sheet. Investors also form their own opinion of CSP's value that differs from its market value or its book value, called intrinsic value, which is CSP'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 CSP's market value can be influenced by many factors that don't directly affect CSP'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 CSP's value and its price as these two are different measures arrived at by different means. Investors typically determine if CSP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CSP'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.