Cognex Common Stock vs Total Liab Analysis

CGNX Stock

USD 41.54 0.93 2.29%

Cognex financial indicator trend analysis is way more than just evaluating Cognex prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cognex is a good investment. Please check the relationship between Cognex Common Stock and its Total Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cognex. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

For more information on how to buy Cognex Stock please use our How to Invest in Cognex guide.

Common Stock vs Total Liab

Common Stock vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cognex Common Stock account and Total Liab. At this time, the significance of the direction appears to have strong relationship.

The correlation between Cognex's Common Stock and Total Liab is 0.74. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Total Liab in the same time period over historical financial statements of Cognex, assuming nothing else is changed. The correlation between historical values of Cognex's Common Stock and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Cognex are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Common Stock i.e., Cognex's Common Stock and Total Liab go up and down completely randomly.

Correlation Coefficient

0.74

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Common Stock

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Most indicators from Cognex's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cognex 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 Cognex. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

For more information on how to buy Cognex Stock please use our How to Invest in Cognex guide.At this time, Cognex's Selling General Administrative is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 55.98 in 2024, despite the fact that Discontinued Operations is likely to grow to (218 K).

	2021	2022	2023	2024 (projected)
Gross Profit	759.8M	721.9M	601.2M	631.3M
Total Revenue	1.0B	1.0B	837.5M	879.4M

Gross Profit Total Revenue

Cognex fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock Total Equity	Short Term Investments	Common Stock	Other Liab	Other Assets
Total Assets		0.92	0.88	0.99	0.91	-0.35	0.48	0.45	0.43	0.89	-0.2	0.5	0.9	0.59	0.88	0.87	0.2	0.97	0.95	0.79	0.64	0.92	0.13	0.8	0.91	0.81
Other Current Liab	0.92		0.73	0.92	0.92	-0.17	0.45	0.2	0.26	0.87	0.02	0.33	0.89	0.6	0.8	0.81	0.1	0.88	0.84	0.83	0.48	0.92	0.15	0.75	0.82	0.78
Total Current Liabilities	0.88	0.73		0.87	0.71	-0.58	0.52	0.77	0.64	0.63	-0.5	0.7	0.92	0.53	0.66	0.76	0.22	0.83	0.81	0.54	0.81	0.87	0.23	0.86	0.75	0.58
Total Stockholder Equity	0.99	0.92	0.87		0.91	-0.41	0.58	0.48	0.5	0.83	-0.24	0.57	0.91	0.68	0.79	0.86	0.15	0.94	0.88	0.78	0.69	0.92	0.26	0.79	0.83	0.72
Property Plant And Equipment Net	0.91	0.92	0.71	0.91		-0.08	0.28	0.19	0.18	0.91	0.09	0.24	0.8	0.5	0.81	0.96	0.06	0.94	0.84	0.96	0.39	0.89	0.08	0.63	0.82	0.72
Net Debt	-0.35	-0.17	-0.58	-0.41	-0.08		-0.75	-0.85	-0.99	0.11	0.9	-0.98	-0.43	-0.4	-0.02	-0.09	-0.03	-0.21	-0.19	0.13	-0.9	-0.37	-0.67	-0.59	-0.13	0.04
Retained Earnings	0.48	0.45	0.52	0.58	0.28	-0.75		0.57	0.75	0.12	-0.63	0.81	0.53	0.75	0.13	0.18	0.21	0.29	0.26	0.1	0.83	0.41	0.64	0.57	0.21	0.1
Accounts Payable	0.45	0.2	0.77	0.48	0.19	-0.85	0.57		0.86	0.04	-0.89	0.87	0.54	0.4	0.17	0.31	0.27	0.37	0.36	-0.01	0.88	0.42	0.39	0.59	0.27	0.07
Cash	0.43	0.26	0.64	0.5	0.18	-0.99	0.75	0.86		-0.01	-0.88	0.99	0.5	0.44	0.1	0.19	0.03	0.31	0.27	-0.02	0.93	0.45	0.66	0.64	0.21	0.03
Non Current Assets Total	0.89	0.87	0.63	0.83	0.91	0.11	0.12	0.04	-0.01		0.23	0.06	0.72	0.39	0.95	0.84	0.14	0.92	0.93	0.87	0.21	0.79	-0.22	0.56	0.93	0.91
Non Currrent Assets Other	-0.2	0.02	-0.5	-0.24	0.09	0.9	-0.63	-0.89	-0.88	0.23		-0.87	-0.24	-0.32	0.07	0.03	-0.27	-0.06	-0.1	0.26	-0.8	-0.16	-0.41	-0.39	-0.03	0.16
Cash And Short Term Investments	0.5	0.33	0.7	0.57	0.24	-0.98	0.81	0.87	0.99	0.06	-0.87		0.57	0.51	0.16	0.24	0.09	0.37	0.33	0.03	0.96	0.5	0.66	0.68	0.26	0.09
Net Receivables	0.9	0.89	0.92	0.91	0.8	-0.43	0.53	0.54	0.5	0.72	-0.24	0.57		0.6	0.69	0.78	0.12	0.86	0.81	0.64	0.71	0.94	0.29	0.89	0.77	0.68
Common Stock Shares Outstanding	0.59	0.6	0.53	0.68	0.5	-0.4	0.75	0.4	0.44	0.39	-0.32	0.51	0.6		0.28	0.45	0.13	0.47	0.37	0.4	0.56	0.46	0.34	0.38	0.31	0.26
Non Current Liabilities Total	0.88	0.8	0.66	0.79	0.81	-0.02	0.13	0.17	0.1	0.95	0.07	0.16	0.69	0.28		0.74	0.27	0.88	0.97	0.73	0.3	0.77	-0.26	0.62	0.99	0.96
Inventory	0.87	0.81	0.76	0.86	0.96	-0.09	0.18	0.31	0.19	0.84	0.03	0.24	0.78	0.45	0.74		0.07	0.93	0.8	0.93	0.4	0.85	0.04	0.59	0.75	0.62
Other Current Assets	0.2	0.1	0.22	0.15	0.06	-0.03	0.21	0.27	0.03	0.14	-0.27	0.09	0.12	0.13	0.27	0.07		0.08	0.27	0.01	0.2	0.02	-0.12	0.05	0.29	0.17
Other Stockholder Equity	0.97	0.88	0.83	0.94	0.94	-0.21	0.29	0.37	0.31	0.92	-0.06	0.37	0.86	0.47	0.88	0.93	0.08		0.94	0.85	0.51	0.91	0.04	0.73	0.9	0.82
Total Liab	0.95	0.84	0.81	0.88	0.84	-0.19	0.26	0.36	0.27	0.93	-0.1	0.33	0.81	0.37	0.97	0.8	0.27	0.94		0.73	0.47	0.86	-0.13	0.74	0.99	0.91
Property Plant And Equipment Gross	0.79	0.83	0.54	0.78	0.96	0.13	0.1	-0.01	-0.02	0.87	0.26	0.03	0.64	0.4	0.73	0.93	0.01	0.85	0.73		0.17	0.78	-0.02	0.44	0.71	0.62
Total Current Assets	0.64	0.48	0.81	0.69	0.39	-0.9	0.83	0.88	0.93	0.21	-0.8	0.96	0.71	0.56	0.3	0.4	0.2	0.51	0.47	0.17		0.62	0.6	0.8	0.4	0.23
Common Stock Total Equity	0.92	0.92	0.87	0.92	0.89	-0.37	0.41	0.42	0.45	0.79	-0.16	0.5	0.94	0.46	0.77	0.85	0.02	0.91	0.86	0.78	0.62		0.23	0.88	0.83	0.72
Short Term Investments	0.13	0.15	0.23	0.26	0.08	-0.67	0.64	0.39	0.66	-0.22	-0.41	0.66	0.29	0.34	-0.26	0.04	-0.12	0.04	-0.13	-0.02	0.6	0.23		0.31	-0.17	-0.27
Common Stock	0.8	0.75	0.86	0.79	0.63	-0.59	0.57	0.59	0.64	0.56	-0.39	0.68	0.89	0.38	0.62	0.59	0.05	0.73	0.74	0.44	0.8	0.88	0.31		0.71	0.62
Other Liab	0.91	0.82	0.75	0.83	0.82	-0.13	0.21	0.27	0.21	0.93	-0.03	0.26	0.77	0.31	0.99	0.75	0.29	0.9	0.99	0.71	0.4	0.83	-0.17	0.71		0.94
Other Assets	0.81	0.78	0.58	0.72	0.72	0.04	0.1	0.07	0.03	0.91	0.16	0.09	0.68	0.26	0.96	0.62	0.17	0.82	0.91	0.62	0.23	0.72	-0.27	0.62	0.94

Click cells to compare fundamentals

Cognex Account Relationship Matchups

Cognex fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.9B	1.8B	2.0B	2.0B	2.0B	2.1B
Other Current Liab	72.9M	86.6M	58.7M	58.5M	89.3M	93.7M
Total Current Liabilities	163.1M	132.3M	238.7M	228.1M	151.9M	159.5M
Total Stockholder Equity	1.4B	1.3B	1.4B	1.4B	1.5B	1.6B
Property Plant And Equipment Net	107.0M	101.8M	100.7M	117.4M	181.0M	190.0M
Net Debt	(827.4M)	(242.8M)	(881.8M)	(806.0M)	(124.1M)	(130.3M)
Retained Earnings	753.3M	487.9M	562.9M	528.2M	512.5M	357.8M
Accounts Payable	70.1M	16.3M	136.5M	120.3M	21.5M	27.8M
Cash	845.4M	269.1M	907.4M	854.3M	202.7M	259.9M
Non Current Assets Total	876.9M	1.2B	852.8M	856.0M	1.3B	1.4B
Non Currrent Assets Other	(396.0M)	7.8M	(503.8M)	(377.8M)	7.1M	7.4M
Cash And Short Term Investments	845.4M	372.3M	907.4M	854.3M	332.0M	313.0M
Net Receivables	103.4M	131.3M	130.3M	125.4M	116.6M	122.4M
Common Stock Shares Outstanding	175.3M	176.6M	179.9M	174.9M	173.4M	186.3M
Liabilities And Stockholders Equity	1.9B	1.8B	2.0B	2.0B	2.0B	2.1B
Non Current Liabilities Total	367.2M	406.2M	334.8M	291.6M	361.2M	379.2M
Inventory	60.3M	60.8M	113.1M	122.5M	162.3M	170.4M
Other Current Assets	272.1M	37.2M	210.2M	67.5M	68.1M	68.1M
Other Stockholder Equity	639.4M	807.7M	914.8M	979.2M	1.0B	1.1B
Total Liab	530.2M	538.5M	573.6M	519.7M	513.1M	538.7M
Property Plant And Equipment Gross	107.0M	101.8M	100.7M	117.4M	281.3M	295.4M
Total Current Assets	1.0B	601.7M	1.2B	1.1B	679.0M	442.2M
Accumulated Other Comprehensive Income	(37.3M)	(33.8M)	(47.9M)	(69.3M)	(45.3M)	(43.1M)
Common Stock Total Equity	342K	345K	352K	351K	396.8K	416.6K
Short Term Investments	240.5M	103.2M	137.5M	218.8M	129.4M	172.6M
Common Stock	342K	345K	352K	351K	343K	191.9K
Other Liab	397.4M	388.1M	367.2M	300.7M	345.9M	363.1M
Other Assets	455.4M	860.2M	425.8M	413.9M	476.0M	499.8M
Intangible Assets	39.5M	15.6M	11.9M	12.4M	113.0M	118.6M
Property Plant Equipment	89.4M	79.2M	77.5M	79.7M	91.7M	50.6M
Current Deferred Revenue	14.4M	21.3M	35.7M	40.8M	31.5M	16.0M
Short Term Debt	5.6M	8.1M	7.8M	8.5M	9.6M	10.1M
Good Will	243.4M	244.1M	241.7M	242.6M	393.2M	412.8M
Net Tangible Assets	1.1B	1.0B	1.2B	1.2B	1.4B	912.3M
Retained Earnings Total Equity	753.3M	487.9M	562.9M	528.2M	607.4M	561.2M
Capital Surpluse	639.4M	807.7M	914.8M	979.2M	1.1B	1.2B
Deferred Long Term Liab	332.3M	315.0M	293.8M	250.0M	287.5M	301.8M
Long Term Investments	433.5M	395.1M	583.7M	454.1M	244.2M	364.7M
Non Current Liabilities Other	77.4M	91.3M	91.2M	82.1M	299K	284.1K

Pair Trading with Cognex

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

Moving together with Cognex Stock

0.73

DYSL

Dynasil Of

Pair Corr

Moving against Cognex Stock

0.7	WRAP	Wrap Technologies	Pair Corr
0.61	FCUV	Focus Universal	Pair Corr
0.45	FARO	FARO Technologies Financial Report 1st of May 2024	Pair Corr

The ability to find closely correlated positions to Cognex could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cognex 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 Cognex - 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 Cognex to buy it.

The correlation of Cognex 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 Cognex moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cognex 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 Cognex 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 Correlation Correlation Matching

When determining whether Cognex offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cognex'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 Cognex Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cognex Stock:

How To Invest In Cognex

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Is Cognex Stock a good investment?

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What is Cognex's Net Worth?

Details

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cognex. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

For more information on how to buy Cognex Stock please use our How to Invest in Cognex guide.

You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

Complementary Tools for Cognex Stock analysis

When running Cognex's price analysis, check to measure Cognex'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 Cognex is operating at the current time. Most of Cognex's value examination focuses on studying past and present price action to predict the probability of Cognex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cognex's price. Additionally, you may evaluate how the addition of Cognex to your portfolios can decrease your overall portfolio volatility.

	Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets
	Performance Analysis Check effects of mean-variance optimization against your current asset allocation
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	Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
	Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
	Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments
	Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges
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	Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios
	Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital

Is Cognex'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 Cognex. If investors know Cognex 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 Cognex 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

(0.81)

Dividend Share

0.285

Earnings Share

0.65

Revenue Per Share

4.862

Quarterly Revenue Growth

(0.18)

The market value of Cognex is measured differently than its book value, which is the value of Cognex that is recorded on the company's balance sheet. Investors also form their own opinion of Cognex's value that differs from its market value or its book value, called intrinsic value, which is Cognex'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 Cognex's market value can be influenced by many factors that don't directly affect Cognex'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 Cognex's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cognex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cognex'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.

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Cognex Common Stock vs Total Liab Analysis

Common Stock vs Total Liab

Common Stock vs Total Liab Correlation Analysis

Correlation Coefficient

Common Stock

Total Liab

Cognex fundamental ratios Correlations

Cognex Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Cognex fundamental ratios Accounts

Pair Trading with Cognex

Moving together with Cognex Stock

Moving against Cognex Stock

Complementary Tools for Cognex Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 0.99	Total Assets
Cash And Short Term Investments	+ 0.99	Cash
Other Liab	+ 0.99	Non Current Liabilities Total
Other Liab	+ 0.99	Total Liab
Other Stockholder Equity	+ 0.97	Total Assets
Total Liab	+ 0.97	Non Current Liabilities Total

Cash	- 0.99	Net Debt
Cash And Short Term Investments	- 0.98	Net Debt
Total Current Assets	- 0.9	Net Debt
Non Currrent Assets Other	- 0.89	Accounts Payable
Non Currrent Assets Other	- 0.88	Cash
Cash And Short Term Investments	- 0.87	Non Currrent Assets Other