ChargePoint Free Cash Flow per Share vs Cost of Revenue Analysis

CHPT Stock  USD 1.90  0.16  9.20%   
ChargePoint Holdings financial indicator trend analysis is way more than just evaluating ChargePoint Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ChargePoint Holdings is a good investment. Please check the relationship between ChargePoint Holdings Free Cash Flow Per Share and its Cost Of Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ChargePoint Holdings. 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.
For more information on how to buy ChargePoint Stock please use our How to Invest in ChargePoint Holdings guide.

Free Cash Flow Per Share vs Cost Of Revenue

Free Cash Flow per Share vs Cost of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ChargePoint Holdings Free Cash Flow per Share account and Cost of Revenue. At this time, the significance of the direction appears to have pay attention.
The correlation between ChargePoint Holdings' Free Cash Flow per Share and Cost of Revenue is -0.91. Overlapping area represents the amount of variation of Free Cash Flow per Share that can explain the historical movement of Cost of Revenue in the same time period over historical financial statements of ChargePoint Holdings, assuming nothing else is changed. The correlation between historical values of ChargePoint Holdings' Free Cash Flow per Share and Cost of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow per Share of ChargePoint Holdings are associated (or correlated) with its Cost of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost of Revenue has no effect on the direction of Free Cash Flow per Share i.e., ChargePoint Holdings' Free Cash Flow per Share and Cost of Revenue go up and down completely randomly.

Correlation Coefficient

-0.91
Relationship DirectionNegative 
Relationship StrengthSignificant

Free Cash Flow Per Share

The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.

Cost Of Revenue

Cost of Revenue is found on ChargePoint Holdings income statement and represents the costs associated with goods and services ChargePoint Holdings provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most indicators from ChargePoint Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ChargePoint Holdings 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 ChargePoint Holdings. 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.
For more information on how to buy ChargePoint Stock please use our How to Invest in ChargePoint Holdings guide.At this time, ChargePoint Holdings' Tax Provision is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 353.5 M in 2024, whereas Selling General Administrative is likely to drop slightly above 72.8 M in 2024.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization14.7M29.0M35.7M22.1M
Interest Income98K5.5M8.3M8.7M

ChargePoint Holdings fundamental ratios Correlations

0.970.950.75-0.90.980.690.930.760.920.890.930.890.880.940.760.810.170.890.880.790.920.92-0.60.940.08
0.970.990.76-0.930.990.790.950.760.930.90.950.920.940.970.790.90.120.950.930.840.970.95-0.610.950.22
0.950.990.79-0.890.970.790.930.680.880.850.940.910.950.980.850.92-0.010.970.950.790.970.97-0.530.90.19
0.750.760.79-0.730.690.360.770.620.750.770.840.90.650.880.950.77-0.230.850.920.650.880.91-0.560.78-0.32
-0.9-0.93-0.89-0.73-0.92-0.77-0.84-0.93-0.95-0.98-0.87-0.95-0.88-0.91-0.71-0.89-0.13-0.91-0.85-0.97-0.9-0.870.85-0.97-0.27
0.980.990.970.69-0.920.80.950.750.930.90.930.880.930.940.720.870.210.90.880.820.930.91-0.60.930.27
0.690.790.790.36-0.770.80.660.560.70.650.60.670.920.70.520.850.00.770.680.760.710.66-0.50.650.71
0.930.950.930.77-0.840.950.660.640.940.870.960.870.830.950.770.860.270.850.90.70.950.93-0.50.890.13
0.760.760.680.62-0.930.750.560.640.840.930.720.840.660.730.510.670.180.740.650.950.710.68-0.960.910.17
0.920.930.880.75-0.950.930.70.940.840.980.910.930.830.920.710.870.30.850.860.860.920.89-0.760.950.2
0.890.90.850.77-0.980.90.650.870.930.980.890.950.790.90.70.840.240.860.830.920.890.87-0.860.980.15
0.930.950.940.84-0.870.930.60.960.720.910.890.90.80.970.80.830.180.90.910.750.950.95-0.560.940.04
0.890.920.910.9-0.950.880.670.870.840.930.950.90.860.960.880.92-0.040.950.950.890.960.96-0.780.940.05
0.880.940.950.65-0.880.930.920.830.660.830.790.80.860.90.770.94-0.080.930.890.820.90.88-0.560.820.39
0.940.970.980.88-0.910.940.70.950.730.920.90.970.960.90.890.930.020.970.980.811.00.99-0.60.930.08
0.760.790.850.95-0.710.720.520.770.510.710.70.80.880.770.890.85-0.370.90.960.620.910.94-0.460.72-0.18
0.810.90.920.77-0.890.870.850.860.670.870.840.830.920.940.930.85-0.090.950.940.830.940.92-0.630.820.34
0.170.12-0.01-0.23-0.130.210.00.270.180.30.240.18-0.04-0.080.02-0.37-0.09-0.18-0.160.03-0.01-0.07-0.090.20.25
0.890.950.970.85-0.910.90.770.850.740.850.860.90.950.930.970.90.95-0.180.970.860.970.97-0.640.890.16
0.880.930.950.92-0.850.880.680.90.650.860.830.910.950.890.980.960.94-0.160.970.760.990.99-0.560.860.02
0.790.840.790.65-0.970.820.760.70.950.860.920.750.890.820.810.620.830.030.860.760.80.77-0.920.910.35
0.920.970.970.88-0.90.930.710.950.710.920.890.950.960.91.00.910.94-0.010.970.990.81.0-0.60.910.09
0.920.950.970.91-0.870.910.660.930.680.890.870.950.960.880.990.940.92-0.070.970.990.771.0-0.570.890.01
-0.6-0.61-0.53-0.560.85-0.6-0.5-0.5-0.96-0.76-0.86-0.56-0.78-0.56-0.6-0.46-0.63-0.09-0.64-0.56-0.92-0.6-0.57-0.79-0.18
0.940.950.90.78-0.970.930.650.890.910.950.980.940.940.820.930.720.820.20.890.860.910.910.89-0.790.12
0.080.220.19-0.32-0.270.270.710.130.170.20.150.040.050.390.08-0.180.340.250.160.020.350.090.01-0.180.12
Click cells to compare fundamentals

ChargePoint Holdings Account Relationship Matchups

ChargePoint Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab77.1M38.3M84.2M133.3M159.1M96.8M
Total Current Liabilities96.7M118.1M189.0M284.2M330.2M197.8M
Other Liab34.1M49.9M100.7M123.3M141.8M72.4M
Net Tangible Assets(463.2M)(617.7M)215.0M49.3M56.6M59.5M
Retained Earnings(482.4M)(679.4M)(812.0M)(1.2B)(1.6B)(1.5B)
Accounts Payable19.6M19.8M27.7M62.1M71.1M37.2M
Other Assets3.4M10.5M5.6M7.1M8.2M6.0M
Net Receivables38.5M35.1M76.4M164.9M124.0M86.0M
Inventory25.4M33.6M35.4M68.7M198.6M208.5M
Other Current Assets7.6M8.1M19.7M71.0M62.2M65.4M
Other Stockholder Equity20.4M62.7M511.0M1.5B2.0B2.1B
Total Current Assets191.3M226.6M464.4M704.2M742.7M475.9M
Property Plant Equipment38.2M51.8M60.1M62.3M71.6M50.9M

ChargePoint Holdings Investors Sentiment

The influence of ChargePoint Holdings' 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 ChargePoint. 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 ChargePoint Holdings' public news can be used to forecast risks associated with an investment in ChargePoint. The trend in average sentiment can be used to explain how an investor holding ChargePoint can time the market purely based on public headlines and social activities around ChargePoint Holdings. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
ChargePoint Holdings' 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 ChargePoint Holdings' 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 ChargePoint Holdings' news discussions. The higher the estimated score, the more favorable is the investor's outlook on ChargePoint Holdings.

ChargePoint Holdings Implied Volatility

    
  184.58  
ChargePoint Holdings' implied volatility exposes the market's sentiment of ChargePoint Holdings stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if ChargePoint Holdings' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that ChargePoint Holdings stock will not fluctuate a lot when ChargePoint Holdings' options are near their expiration.
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 ChargePoint Holdings 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, ChargePoint Holdings' short interest history, or implied volatility extrapolated from ChargePoint Holdings options trading.

Pair Trading with ChargePoint Holdings

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

Moving together with ChargePoint Stock

  0.63GNRSW Greenrose AcquisitionPairCorr

Moving against ChargePoint Stock

  0.54ELMSQ Electric Last MilePairCorr
  0.42MSGE Madison Square Garden Symbol ChangePairCorr
The ability to find closely correlated positions to ChargePoint Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ChargePoint Holdings 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 ChargePoint Holdings - 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 ChargePoint Holdings to buy it.
The correlation of ChargePoint Holdings 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 ChargePoint Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ChargePoint Holdings 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 ChargePoint Holdings 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 ChargePoint Holdings is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if ChargePoint Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Chargepoint Holdings Stock. Highlighted below are key reports to facilitate an investment decision about Chargepoint Holdings Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ChargePoint Holdings. 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.
For more information on how to buy ChargePoint Stock please use our How to Invest in ChargePoint Holdings guide.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.

Complementary Tools for ChargePoint Stock analysis

When running ChargePoint Holdings' price analysis, check to measure ChargePoint Holdings' 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 ChargePoint Holdings is operating at the current time. Most of ChargePoint Holdings' value examination focuses on studying past and present price action to predict the probability of ChargePoint Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ChargePoint Holdings' price. Additionally, you may evaluate how the addition of ChargePoint Holdings to your portfolios can decrease your overall portfolio volatility.
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Is ChargePoint Holdings' 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 ChargePoint Holdings. If investors know ChargePoint 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 ChargePoint Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.22)
Revenue Per Share
1.349
Quarterly Revenue Growth
(0.24)
Return On Assets
(0.24)
Return On Equity
(1.34)
The market value of ChargePoint Holdings is measured differently than its book value, which is the value of ChargePoint that is recorded on the company's balance sheet. Investors also form their own opinion of ChargePoint Holdings' value that differs from its market value or its book value, called intrinsic value, which is ChargePoint Holdings' 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 ChargePoint Holdings' market value can be influenced by many factors that don't directly affect ChargePoint Holdings' 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 ChargePoint Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if ChargePoint Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ChargePoint Holdings' 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.