| FDI Stock | | | CAD 0.47 0.02 4.44% |
Findev financial indicator trend analysis is much more than just examining Findev Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Findev Inc is a good investment. Please check the relationship between Findev Capital Stock and its Short Term Investments accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Findev Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Capital Stock vs Short Term Investments
Capital Stock vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Findev Inc Capital Stock account and
Short Term Investments. At this time, the significance of the direction appears to have totally related.
The correlation between Findev's Capital Stock and Short Term Investments is 1.0. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Findev Inc, assuming nothing else is changed. The correlation between historical values of Findev's Capital Stock and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of Findev Inc are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Capital Stock i.e., Findev's Capital Stock and Short Term Investments go up and down completely randomly.
Correlation Coefficient | 1.0 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Capital Stock
The total amount of a company's capital funded by shareholders through the issue and subscription of shares.
Short Term Investments
Short Term Investments is an item under the current assets section of Findev balance sheet. It contains any investments Findev Inc undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Findev Inc can easily liquidate in the marketplace.
Most indicators from Findev's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Findev Inc 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
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Findev Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
At this time, Findev's
Discontinued Operations is fairly stable compared to the past year.
Tax Provision is likely to climb to about 1
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 289.3
K in 2024.
Findev fundamental ratios Correlations
Click cells to compare fundamentals
Findev Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Findev fundamental ratios Accounts
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Additional Tools for Findev Stock Analysis
When running Findev's price analysis, check to
measure Findev'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 Findev is operating at the current time. Most of Findev's value examination focuses on studying past and present price action to
predict the probability of Findev's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Findev's price. Additionally, you may evaluate how the addition of Findev to your portfolios can decrease your overall portfolio volatility.