002161 Stock | | | 6.36 0.05 0.79% |
Invengo Information financial indicator trend analysis is infinitely more than just investigating Invengo Information recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Invengo Information is a good investment. Please check the relationship between Invengo Information Inventory and its Non Currrent Assets Other accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Invengo Information Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
Inventory vs Non Currrent Assets Other
Inventory vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Invengo Information Inventory account and
Non Currrent Assets Other. At this time, the significance of the direction appears to have strong relationship.
The correlation between Invengo Information's Inventory and Non Currrent Assets Other is 0.78. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Invengo Information Technology, assuming nothing else is changed. The correlation between historical values of Invengo Information's Inventory and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Invengo Information Technology are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Inventory i.e., Invengo Information's Inventory and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | 0.78 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Inventory
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Invengo Information's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Invengo Information 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 Invengo Information Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
As of December 11, 2024,
Selling General Administrative is expected to decline to about 30.8
M. In addition to that,
Tax Provision is expected to decline to about 748.5
KInvengo Information fundamental ratios Correlations
Click cells to compare fundamentals
Invengo Information Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Invengo Information fundamental ratios Accounts
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Other Information on Investing in Invengo Stock
Balance Sheet is a snapshot of the
financial position of Invengo Information at a specified time, usually calculated after every quarter, six months, or one year. Invengo Information Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Invengo Information and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Invengo currently owns. An asset can also be divided into two categories, current and non-current.