Identitii financial indicator trend analysis is infinitely more than just investigating Identitii recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Identitii is a good investment. Please check the relationship between Identitii Non Current Assets Total and its Total Revenue accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Identitii. 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.
Non Current Assets Total vs Total Revenue
Non Current Assets Total vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Identitii Non Current Assets Total account and
Total Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between Identitii's Non Current Assets Total and Total Revenue is 0.79. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Identitii, assuming nothing else is changed. The correlation between historical values of Identitii's Non Current Assets Total and Total 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 Non Current Assets Total of Identitii are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Non Current Assets Total i.e., Identitii's Non Current Assets Total and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.79 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Total Revenue
Total revenue comprises all receipts Identitii generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Identitii's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Identitii 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
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Identitii. 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.
Selling General Administrative is likely to drop to about 1.9
M in 2024.
Issuance Of Capital Stock is likely to drop to about 356.4
K in 2024
Identitii fundamental ratios Correlations
Click cells to compare fundamentals
Identitii Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Identitii fundamental ratios Accounts
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Additional Tools for Identitii Stock Analysis
When running Identitii's price analysis, check to
measure Identitii'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 Identitii is operating at the current time. Most of Identitii's value examination focuses on studying past and present price action to
predict the probability of Identitii's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Identitii's price. Additionally, you may evaluate how the addition of Identitii to your portfolios can decrease your overall portfolio volatility.