Centerspace Short Term Investments vs Inventory Analysis

CSR Stock  USD 68.05  1.57  2.26%   
Centerspace financial indicator trend analysis is way more than just evaluating Centerspace prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Centerspace is a good investment. Please check the relationship between Centerspace Short Term Investments and its Inventory accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Centerspace. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
To learn how to invest in Centerspace Stock, please use our How to Invest in Centerspace guide.

Short Term Investments vs Inventory

Short Term Investments vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Centerspace Short Term Investments account and Inventory. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Centerspace's Short Term Investments and Inventory is -0.07. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Inventory in the same time period over historical financial statements of Centerspace, assuming nothing else is changed. The correlation between historical values of Centerspace's Short Term Investments and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Centerspace are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Short Term Investments i.e., Centerspace's Short Term Investments and Inventory go up and down completely randomly.

Correlation Coefficient

-0.07
Relationship DirectionNegative 
Relationship StrengthInsignificant

Short Term Investments

Short Term Investments is an item under the current assets section of Centerspace balance sheet. It contains any investments Centerspace undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Centerspace can easily liquidate in the marketplace.

Inventory

Most indicators from Centerspace's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Centerspace 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 Centerspace. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
To learn how to invest in Centerspace Stock, please use our How to Invest in Centerspace guide.At this time, Centerspace's Enterprise Value Over EBITDA is relatively stable compared to the past year. As of 05/21/2024, Enterprise Value Multiple is likely to grow to 9.47, while Issuance Of Capital Stock is likely to drop 0.00.
 2021 2022 2023 2024 (projected)
Total Revenue201.7M256.7M332.6M174.8M
Depreciation And Amortization92.2M108.1M101.7M50.9M

Centerspace fundamental ratios Correlations

0.910.360.40.840.060.92-0.750.430.960.560.880.380.450.87-0.850.860.060.930.360.00.84-0.24-0.030.240.17
0.910.10.160.590.381.0-0.560.50.90.360.810.460.490.67-0.840.980.390.960.23-0.130.62-0.250.230.070.16
0.360.10.920.36-0.40.08-0.440.210.130.50.20.19-0.10.32-0.210.04-0.390.360.810.020.350.22-0.210.890.18
0.40.160.920.39-0.320.15-0.40.140.180.510.250.120.020.32-0.260.07-0.320.40.760.350.370.29-0.150.870.13
0.840.590.360.39-0.350.61-0.840.150.840.570.850.10.30.98-0.760.5-0.340.60.190.270.99-0.24-0.490.120.12
0.060.38-0.4-0.32-0.350.380.440.280.09-0.550.080.290.31-0.25-0.120.441.00.29-0.09-0.21-0.32-0.020.79-0.1-0.16
0.921.00.080.150.610.38-0.560.450.920.370.830.410.480.69-0.840.970.390.950.19-0.080.64-0.270.220.050.12
-0.75-0.56-0.44-0.4-0.840.44-0.560.0-0.75-0.77-0.70.06-0.08-0.830.76-0.430.43-0.56-0.13-0.08-0.860.420.62-0.07-0.1
0.430.50.210.140.150.280.450.00.25-0.060.351.00.360.19-0.320.610.280.590.69-0.450.110.460.40.330.68
0.960.90.130.180.840.090.92-0.750.250.510.890.20.460.88-0.850.840.10.840.070.070.86-0.41-0.09-0.020.02
0.560.360.50.510.57-0.550.37-0.77-0.060.510.31-0.090.060.54-0.370.26-0.550.430.240.140.58-0.23-0.430.20.15
0.880.810.20.250.850.080.83-0.70.350.890.310.290.380.91-0.920.760.090.780.20.10.87-0.17-0.160.090.13
0.380.460.190.120.10.290.410.061.00.2-0.090.290.340.14-0.260.580.290.560.69-0.460.060.490.430.330.68
0.450.49-0.10.020.30.310.48-0.080.360.460.060.380.340.26-0.420.50.320.460.070.020.24-0.220.390.02-0.15
0.870.670.320.320.98-0.250.69-0.830.190.880.540.910.140.26-0.790.59-0.250.650.180.170.98-0.26-0.420.090.13
-0.85-0.84-0.21-0.26-0.76-0.12-0.840.76-0.32-0.85-0.37-0.92-0.26-0.42-0.79-0.75-0.13-0.8-0.17-0.02-0.760.30.16-0.07-0.08
0.860.980.040.070.50.440.97-0.430.610.840.260.760.580.50.59-0.750.450.940.27-0.260.52-0.170.360.070.21
0.060.39-0.39-0.32-0.341.00.390.430.280.1-0.550.090.290.32-0.25-0.130.450.3-0.09-0.21-0.31-0.020.79-0.1-0.16
0.930.960.360.40.60.290.95-0.560.590.840.430.780.560.460.65-0.80.940.30.49-0.140.61-0.10.260.340.23
0.360.230.810.760.19-0.090.19-0.130.690.070.240.20.690.070.18-0.170.27-0.090.49-0.170.150.550.170.870.53
0.0-0.130.020.350.27-0.21-0.08-0.08-0.450.070.140.1-0.460.020.17-0.02-0.26-0.21-0.14-0.170.280.16-0.310.01-0.19
0.840.620.350.370.99-0.320.64-0.860.110.860.580.870.060.240.98-0.760.52-0.310.610.150.28-0.26-0.490.090.11
-0.24-0.250.220.29-0.24-0.02-0.270.420.46-0.41-0.23-0.170.49-0.22-0.260.3-0.17-0.02-0.10.550.16-0.260.170.410.54
-0.030.23-0.21-0.15-0.490.790.220.620.4-0.09-0.43-0.160.430.39-0.420.160.360.790.260.17-0.31-0.490.170.2-0.15
0.240.070.890.870.12-0.10.05-0.070.33-0.020.20.090.330.020.09-0.070.07-0.10.340.870.010.090.410.20.07
0.170.160.180.130.12-0.160.12-0.10.680.020.150.130.68-0.150.13-0.080.21-0.160.230.53-0.190.110.54-0.150.07
Click cells to compare fundamentals

Centerspace Account Relationship Matchups

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Centerspace is a strong investment it is important to analyze Centerspace's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Centerspace's future performance. For an informed investment choice regarding Centerspace Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Centerspace. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
To learn how to invest in Centerspace Stock, please use our How to Invest in Centerspace guide.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

Complementary Tools for Centerspace Stock analysis

When running Centerspace's price analysis, check to measure Centerspace'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 Centerspace is operating at the current time. Most of Centerspace's value examination focuses on studying past and present price action to predict the probability of Centerspace's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Centerspace's price. Additionally, you may evaluate how the addition of Centerspace to your portfolios can decrease your overall portfolio volatility.
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Is Centerspace'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 Centerspace. If investors know Centerspace 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 Centerspace listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
2.32
Revenue Per Share
17.428
Quarterly Revenue Growth
(0.06)
Return On Assets
0.0077
Return On Equity
0.0514
The market value of Centerspace is measured differently than its book value, which is the value of Centerspace that is recorded on the company's balance sheet. Investors also form their own opinion of Centerspace's value that differs from its market value or its book value, called intrinsic value, which is Centerspace'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 Centerspace's market value can be influenced by many factors that don't directly affect Centerspace'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 Centerspace's value and its price as these two are different measures arrived at by different means. Investors typically determine if Centerspace is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Centerspace'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.