CBIZ Change To Inventory from 2010 to 2024
| CBZ Stock | USD 75.53 0.07 0.09% |
Change To Inventory | First Reported 2005-03-31 | Previous Quarter 0.0 | Current Value 0.0 | Quarterly Volatility 7.5 M |
Check CBIZ financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CBIZ main balance sheet or income statement drivers, such as Depreciation And Amortization of 23.4 M, Interest Expense of 25.6 M or Selling General Administrative of 35.1 M, as well as many exotic indicators such as Price To Sales Ratio of 1.45, Dividend Yield of 0.0075 or PTB Ratio of 4.15. CBIZ financial statements analysis is a perfect complement when working with CBIZ Valuation or Volatility modules.
CBIZ | Change To Inventory |
Latest CBIZ's Change To Inventory Growth Pattern
Below is the plot of the Change To Inventory of CBIZ Inc over the last few years. It is the increase or decrease in the amount of inventory a company has over a certain period. CBIZ's Change To Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in CBIZ's overall financial position and show how it may be relating to other accounts over time.
| Change To Inventory | 10 Years Trend |
|
Change To Inventory |
| Timeline |
CBIZ Change To Inventory Regression Statistics
| Arithmetic Mean | 1,732,096 | |
| Geometric Mean | 2,939,909 | |
| Coefficient Of Variation | 249.43 | |
| Mean Deviation | 3,429,543 | |
| Median | 4,018,000 | |
| Standard Deviation | 4,320,284 | |
| Sample Variance | 18.7T | |
| Range | 16.1M | |
| R-Value | 0.58 | |
| Mean Square Error | 13.4T | |
| R-Squared | 0.33 | |
| Significance | 0.02 | |
| Slope | 556,941 | |
| Total Sum of Squares | 261.3T |
CBIZ Change To Inventory History
About CBIZ Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include CBIZ income statement, its balance sheet, and the statement of cash flows. CBIZ investors use historical funamental indicators, such as CBIZ's Change To Inventory, to determine how well the company is positioned to perform in the future. Although CBIZ investors may use each financial statement separately, they are all related. The changes in CBIZ's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on CBIZ'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 CBIZ Financial Statements. Understanding these patterns can help to make the right decision on long term investment in CBIZ. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Change To Inventory | 4.6 M | 4.9 M |
CBIZ Investors Sentiment
The influence of CBIZ's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in CBIZ. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to CBIZ's public news can be used to forecast risks associated with an investment in CBIZ. The trend in average sentiment can be used to explain how an investor holding CBIZ can time the market purely based on public headlines and social activities around CBIZ Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
CBIZ's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for CBIZ's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average CBIZ's news discussions. The higher the estimated score, the more favorable is the investor's outlook on CBIZ.
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 CBIZ 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, CBIZ's short interest history, or implied volatility extrapolated from CBIZ options trading.
Pair Trading with CBIZ
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 CBIZ 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 CBIZ will appreciate offsetting losses from the drop in the long position's value.Moving together with CBIZ Stock
| 0.65 | ASGN | ASGN Inc | PairCorr |
| 0.62 | CSGP | CoStar Group | PairCorr |
Moving against CBIZ Stock
| 0.47 | BA | Boeing Financial Report 24th of July 2024 | PairCorr |
| 0.47 | FA | First Advantage Corp | PairCorr |
| 0.45 | AZ | A2Z Smart Technologies | PairCorr |
The ability to find closely correlated positions to CBIZ could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CBIZ 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 CBIZ - 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 CBIZ Inc to buy it.
The correlation of CBIZ 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 CBIZ moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CBIZ 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 CBIZ 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 CBIZ Correlation against competitors. Note that the CBIZ Inc information on this page should be used as a complementary analysis to other CBIZ's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for CBIZ Stock analysis
When running CBIZ's price analysis, check to measure CBIZ'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 CBIZ is operating at the current time. Most of CBIZ's value examination focuses on studying past and present price action to predict the probability of CBIZ's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CBIZ's price. Additionally, you may evaluate how the addition of CBIZ to your portfolios can decrease your overall portfolio volatility.
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Is CBIZ'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 CBIZ. If investors know CBIZ 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 CBIZ 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 0.063 | Earnings Share 2.48 | Revenue Per Share 32.677 | Quarterly Revenue Growth 0.087 | Return On Assets 0.0511 |
The market value of CBIZ Inc is measured differently than its book value, which is the value of CBIZ that is recorded on the company's balance sheet. Investors also form their own opinion of CBIZ's value that differs from its market value or its book value, called intrinsic value, which is CBIZ'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 CBIZ's market value can be influenced by many factors that don't directly affect CBIZ'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 CBIZ's value and its price as these two are different measures arrived at by different means. Investors typically determine if CBIZ is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CBIZ'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.